Web and Technology News
Sound the horns, unveil the banners, cue the parade. Snap is profitable. And we don’t mean adjusted-EBITDA profitable, adjusted-operating-income profitable, or even the infamous non-GAAP-net-income profitable. It’s real-profit profitable. In the fourth quarter of 2021, Snap reported $1.3 billion in revenue (up 42% year over year), an operating loss of $25.1 million, and GAAP net […]
In a bid to boost its subscription service and attract more paying users, Snapchat is rolling out additional features for Snapchat+ subscribers, including allowing Snapchat+ subscribers to create AI-generated stickers in chats. The social media company…
Fresh off the heels of raising $50 million at a $550 million valuation in March, the Browser Company continues to bring in more features to its Arc browser, set up to provide a genuine alternative to Chrome and other dominant players in the internet br…