Today Snap reported its first earnings as a public company, and it bombed. Snap’s stock market debut three months ago was the most valuable tech IPO in the US in two years, and certainly the most talked-about. Snap, after all, provides one of the few significant alternatives to the two giants of online advertising, Facebook and Google. If Snap can eke out some space in a field long dominated by this duopoly, that could mean more meaningful competition. ‘Snap is a niche platform.
In 1 playlist(s)
WIRED Business
Get in-depth coverage of current and future trends in technology, and how they are shaping business,…Social links
Follow podcast
Recent clips
Microsoft’s AI Red Team Has Already Made the Case for Itself
05:34
Apps Are Rushing to Add AI. Is Any of It Useful?
05:21
Please Stop Asking Chatbots for Love Advice
08:43