the value of Snap shares against the background of the publication of the statements collapsed by 14% to $12.1 per share. On May 2, before the opening of trading, the fall continued and reached 18%. After the stock price, Snap fell to $10.59. The stock price is at its lowest point ...
All the red flags that were present then continued to appear today, putting the company in the tough position. It will have to convince investors it can find ways to boost user growth or secure a path to profitability or its stock price will suffer the same fate as Twitter. That in t...
Existing investors in Snapchat include Silicon Valley venture capitalists Kleiner Perkins and Benchmark, tech companies Alibaba and Yahoo, and fund manager Fidelity.Fidelity wrote downthe value of its investment in the start-up by 25 per cent in the third quarter of last year. Fund managers estim...
Yahoo still wants to poach YouTube stars, hopes to host their new channels on Tumblr— Marissa Mayer's Secret Plan For Tumblr Revealed: Make It YouTube — Just after Yahoo bought Tumblr for $1.1 billion in the spring of 2013, several of Marissa Mayer's top product and media executives pr...
If Facebook knows this to be true it would result in them being willing to pay higher valuation for mobile companies than other acquirers because google won’t know nor will yahoo msft etc because none of them have scale in mobile to understand these powerful secular trends and in essence th...
Monica wrote for Mashable's Tech section with a focus on retail, internet of things, and the intersections of technology and social justice. She holds a degree in creative writing from Brown University, and has previously written for Dow Jones Media, the New York Post, Yahoo Finance, and oth...