In midst of stock nosedive, Snap CFO Vollero quits and will be replaced by Amazon finance veteran

To say that the last two weeks have been tumultuous for Snapchat parent Snap would be an understatement. On April 25th, there was talk about the company testing another redesign. The same day, Snapchat unveiled its Snappables AR games, and introduced its updated Spectacles the very next day. On May 1st, the company released its first quarter 2018 earnings and reported weaker than expected revenue and slower growth in the number of Daily Active Users. The stock plunged 15% to $12.13 a share following the dissemination of the report.

Today, with the stock down an additional 11.5% since the …


Snap introduces Snappables AR games for Snapchat

Earlier today, we told you that some Snapchat users are testing a revised UI that once again has stories from a member’s friends and family in the same location as content from celebrities, brands, publishers and media. Now, we have some information about a new series of AR games available to Snapchat members. The games are called Snappables and allow members to compete with friends in a series of different games.

Depending on the game, users will employ touch, motion and facial expressions to control Snappables. The games are found in the same spot where Lenses are located on the …

Rumored Apple acquisition of Snapchat parent Snap is not going to happen says market expert

The Wall Street rumor mill is always full of possible merger combinations. Most of the time, these rumors really are fake news broadcast by Wall Street pros looking to game the system for millions in trading profits obtained by goosing a stock for a quick pop. This month’s Vanity Fair, of all places, contains a rumor stating that Apple could be looking to purchase Snapchat parent Snap.

Purchasing Snap would give Apple access to messaging app Snapchat; despite the recent change to the Snapchat UI that caused many users to sign a petition demanding the old Snapchat back, Apple might see the …

Google's Tez mobile wallet app makes monthly bill paying a snap in India

Who enjoys paying their monthly bills?  Nobody, really. But in India, Google has an app called the Tez mobile wallet that starting today, allows payments to be made in seconds. Adding a new company to pay needs to be done only once, and when those monthly utility bills are received, Tez alerts you to their arrival with timely notifications. The app currently supports 80 invoice mailing companies, including consumer service firms like Reliance Energy, BSES and DishTV.

You could wait for Tez to receive your invoices each month, but if you’re the impatient type, you can personally …

Tell the world that you are a proud Snapchat member by purchasing something from the new Snap Store

Snapchat parent Snap announced today the opening of the Snap Store, which will sell you merchandise based on Snapchat features. For example, you can buy a Dog Lens T-Shirt for $30.  Scanning the code at the top of this story using the Snapchat camera will allow you to enter the store and purchase exclusive items that will be on sale for a limited time. When in the store for the first time, you can subscribe to the Snap Store, which will allow it to pop up in the Discover section of the app when new merchandise is available. That will next happen on February 8th, one week from today.

Current …

Leaked memo from Snap warns employees not to leak confidential company information

If you are an employee of Snapchat parent Snap, it behooves you to keep your mouth in the upright and locked position. A memo meant for the eyes of Snap employees only has leaked and in it, the company lays down the law on employee leaks. Enforcing a zero-tolerance policy, Snap says that any employee found to be divulging information that is supposed to remain secret will be fired, and could be fined and jailed. It is ironic that a memo about punishing employees who leak company information is, well, leaked.

In the memo, Snap general counsel Michael O’Sullivan wrote that, “If you leak Snap …

New sunglasses can record HD video, snap photos, and stream video live to social media sites

Back in September 2016, Snapchat parent Snap introduced a new product called Spectacles. Basically a cheap pair of sunglasses with an embedded video camera, the device was priced at $129.99 and recorded 10 seconds of video everytime the “record button” was tapped. A maximum of 30 seconds could be recorded and uploaded to social media. Originally sold out of a vending machine that moved from location to location, the company announced last October that in one year it had sold over 150,000 units, 50% more than expected. Once Snapchat started selling them online, sales began to tumble.

Now, …

Redesigned Snapchat to launch on Android December 4th?; Snap to sell Spectacles at store in London

Yesterday, we told you that Snapchat parent Snap had reported a lower than expected gain of 4.5 million new Active Daily Users during the third quarter. More importantly, founder and CEO Evan Spiegel said that the messaging app will be unveiling a new redesign for the Android version of Snapchat. Following the redesign, Snapchat will be easier to use. While Spiegel didn’t reveal a launch date for the new version of Snapchat, a source familiar with the matter said that employees were internally given the date of December 4th as to when to expect the new look to be available.

The source adds …

Snap and NBCUniversal to open TV studio for mobile programming

Snapchat parent Snap is teaming up with NBCUniversal to build a television studio that will provide content for mobile devices. The studio will produce scripted content like situation comedies and dramas. Each company will be a half-owner of the studio and the joint venture has already signed Mark and Jay Duplass as its first creative hires. The bet being made by both companies is that mobile content needs to be produced differently than programming for that giant screen in the living room. Former NBC Entertainment’s senior VP of current programming, Lauren Anderson, will take the job of chief …

No more Snap, Crackle or Pop for iPhone 8/8 Plus as Apple sends out iOS 11.0.2

A bit more than a week ago, we told you that some Apple iPhone 8 and Apple iPhone 8 Plus users were troubled by a static noise that was coming from their phone’s earpiece. Apple said that it would send out a software update that would fix the problem, and that update came today when iOS 11.0.2 was pushed out by the gang in Cupertino. So, the static issue should be gone following the installation of iOS 11.0.2. The size of the update weighs in at 286.8MB.

Apple stated that iOS 11.0.2 bring various bug fixes and improvements to the iPhone and iPad. To be more precise, the latest iOS build:

Fixes …