Snap shares plunged after hours Thursday as rocky quarterly numbers spooked the street. Snapchat’s parent company said net losses ballooned to $422 million for the three months ending in June from $152 million last year.
Snap shares plunged after hours Thursday as rocky quarterly numbers spooked the street. Snapchat’s parent company said net losses ballooned to $422 million for the three months ending in June from $152 million last year.
to The Washington Post, has been hired by Snap as their chief security officer.Murray announced his resignation Thursday, according to a statement from the agency.“Murray contributed significantly to the agency’s continued professionalization and growth, and helped the agency navigate the unique challenges presented by the historic COVID-19 pandemic,” the statement reads. “Throughout which the agency continued executing its integrated mission of providing protection to senior elected leaders and investigating crimes targeting our financial infrastructure.”His last day with the Secret Service will be July 30.
James Murray, who announced his retirement from atop the Secret Service this week, will join Snap later this summer as chief security officer, the social media platform confirmed Thursday.
Todd Spangler NY Digital EditorJames Murray is retiring as director of the U.S. Secret Service after a 27-year career with the agency to take a position with Snap, Snapchat’s parent company, as chief security officer.Murray will join Snap after his term with the Secret Service ends July 30, 2022. He will report directly to CEO and co-founder Evan Spiegel.“We’re thrilled to welcome Jim Murray to Snap and look forward to him joining our team on August 1,” a Snap rep said in an emailed statement to Variety.
memo to staffers, CEO Evan Spiegel said that the company will hire only 500 additional employees compared to the 2,000 over the last year.
The co-founder of Snapchat and his wife are paying it forward.
Miranda Kerr and Evan Spiegel are paying it forward.
Kylie Jenner sent social media into a frenzy over the weekend after posting a new driver's license photo, which shows her looking incredibly glamorous, especially by DMV standards. In the image, the reality TV star looks fully ready — her hair is perfectly styled, her makeup is on point and the lips fully plumped. This is a far cry from your typical driver's license photo. Even Kylie's signature looks flawless. After sharing the snap, pal Anastasia Karanikolaou called it "hot." Kardashian-family superfan Johnny Cyrus wrote, "I wish my ID was this perfect."Other fans used a host of words for the DL picture, including "iconic," "glam" and "stunning.""Why can't all my id photos look like this," one verified follower commented.
Miranda Kerr and her billionaire husband, Snapchat co-founder Evan Spiegel, paid off the entire student debt for recent graduates at an art school in Los Angeles, reports indicate.The Los Angeles Times reported that Charles Hirschhorn, the president of the Otis College of Art and Design, announced the news at the Class of 2022's graduation ceremony on Sunday, May 15. Evan, who once took summer classes at the college, and his model wife were on hand when graduates learned the superstar couple were taking care of the tab.
Miranda Kerr and husband Evan Spiegel are enjoying another night out!
Miranda Kerr and Evan Spiegel are having a glamorous night out together.
Sophia Bush stuns in a backless, burgundy gown while arriving at the 2022 White House Correspondents’ Association Dinner held at Washington Hilton on Saturday (April 30) in Washington, DC.
Snapchat parent Snap said its daily active users jumped 18% last quarter to 332 million, beating Wall Street targets but revenue and fell a bit short. The Santa Monica-based company like its rivals faces ad revenue headwinds from Apple privacy policy changes, macro and supply chain issues and labor costs.
Todd Spangler NY Digital EditorSnap, the parent company of Snapchat, fell just short of Wall Street forecasts for the first quarter of 2022, with CEO Evan Spiegel citing a “challenging operating environment.”The media and messaging app company gained 13 million average Snapchat daily active users worldwide for the period, to stand at 332 million — exceeding its previous expectations of hitting 328 million-330 million average DAUs. Snapchat had 319 million average DAUs in the fourth quarter.Snap shares dipped more than 4% in after-hours trading Thursday.Click here to sign up for Variety’s free Strictly Business newsletter covering earnings, financial news, and more.“Our first quarter results reflect the underlying momentum in our business through a challenging operating environment,” Spiegel said in announcing the Q1 results.
Katy Perry was recently spotted holding hands with her 18-month old daughter Daisy Bloom in Santa Barbara where they live. The mother-daughter duo were enjoying an outing to the sprawling 78-acre Santa Barbara Botanic Garden in Mission Canyon. Little Daisy was seen walking all by herself without any help as they enjoyed a stroll along one of the garden's trails.
Todd Spangler NY Digital EditorSnap shares soared more than 40% in after-hours trading after the company beat Wall Street financial forecasts and netted more Snapchat users than expected.The company reported an average of 319 million daily active users for the fourth quarter of 2021, a gain of 13 million over 306 million in the third quarter. Snap also topped earnings estimates, although those were lowered after Snap warned of a Q4 revenue slowdown.Revenue for the quarter increased 42% to $1.30 billion, and it was Snap’s first quarter of positive net income as a public company — reporting $22.6 million on the bottom line.
Snap said daily active users hit 319 million, up by 54 million or 20% for the fourth quarter from the year before. It beat on revenue and profit and had a better than expected outlook in sales and users. The shares surged in after-hours trading in a crazy day for social media stocks.
WATCH: Miranda Kerr and Katy Perry's special bondMiranda celebrated her son Flynn's birthday by posting a rare photo to Instagram. The snap was a throwback from when he was just a toddler, walking hand in hand with mum along the water."Happy 11th Birthday to my little sunshine Flynn!" Miranda wrote on Instagram.
WATCH: Miranda Kerr opens up on her friendship with Katy PerryTaking to the red carpet at the Pacific Design Center in West Hollywood, stars including Miranda and Evan attended to show support for the charity as it celebrated its 10th Anniversary Gala. Baby2Baby is much-loved by celebs, with the charity organisation dedicated to providing impoverished children from the ages of 0 to 12 years with clothing, diapers and other basic necessities. The charities board of directors includes stars
Miranda Kerr and husband Evan Spiegel are making a rare red carpet appearance together!
Todd Spangler NY Digital EditorSnapchat packed on more daily users than expected in the third quarter of 2021 — adding 13 million in the period — to reach an average of 306 million.But Snap’s stock plunged 25% in after-hours trading, after the company missed revenue expectations and CEO Evan Spiegel called out “significant headwinds” including Apple’s privacy changes to iOS that have put a damper on ad revenue.Click here to sign up for Variety’s free Media Earnings newsletter.Snap reported
Miranda Kerr spoke about whether she’s open to having more kids in a new interview with Marie Claire Australia.
Miranda Kerr is proud of her relationship with her ex. In an interview on 's podcast, the 38-year-old model discussed how well she and her ex-husband, Orlando Bloom, get along with their respective partners.Kerr and Bloom were married from 2010 to 2013, and share a son, 10-year-old Flynn.
Miranda Kerr is opening up about her relationship with Orlando Bloom following their split in 2013.
Todd Spangler NY Digital EditorSnapchat cut the payout amounts for creators’ viral videos in the Spotlight section because the program was producing too much “copycat content,” according to Snap CEO Evan Spiegel.Originally, Snapchat said it paid out more than $1 million per day to the top Spotlight contributors, allocated based on engagement with their content.
Todd Spangler NY Digital EditorSnapchat’s entertainment business, including its original short-form series, is the area where the company faces the biggest battle to win consumers’ attention, CEO Evan Spiegel said.Spiegel, who spoke Wednesday at the Goldman Sachs Communacopia conference, was asked to identify Snap competitors. He responded that at a high level, Snapchat’s entertainment business competes with “everything in the umbrella of entertainment,” including games.
. "We celebrate all the important milestones together.
WATCH BELOW: Miranda Kerr bonds with Katy Perry over their similarly scheduled pregnancyThe model and beauty entrepreneur is a mum of three boys - Flynn Bloom whom she shares with ex-husband Orlando Bloom, Hart and Myles, the latter two she shares with current husband, Evan Spiegel."The kids are my number one love, it's just the best thing in the world, being a mum," she confessed in an Instagram Live.Miranda shares her eldest son Flynn with ex-husband, Orlando Bloom.Miranda became a mum for the
Snapchat parent Snap stock surged 9% Thursday as the company reported a blowout second quarter with beats on the top and bottom line and for daily active users, which hit 293 million — up 23% from the year ago.
Modern day friendship! Following Miranda Kerr‘s split from Orlando Bloom, the model and her ex’s new fiancé, Katy Perry, created a unique friendship over the years.
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