Snap

Snapchat Aims to Spend $1.5 Billion Per Year on AI
Snapchat Aims to Spend $1.5 Billion Per Year on AI
May 19, 2024  |  artificial intelligence

The CEO of Snap, developer of Snapchat, says the messaging platform is increasing its spending on artificial intelligence (AI) and machine learning. “There was a recognition...

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Snap’s 30% Surge Leads Positive CE 100 Index’s Momentum
Snap’s 30% Surge Leads Positive CE 100 Index’s Momentum
April 29, 2024  |  Connected Economy

All pillars in the CE 100 Index posted gains for the week, as earnings spurred broad-based rallies. Snap was up 30.1%, helping drive the Communications...

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Snap Reports Augmented Reality Drives User Engagement, Brand Advertising
Snap Reports Augmented Reality Drives User Engagement, Brand Advertising
April 25, 2024  |  Earnings

Snapchat parent company Snap believes that augmented reality (AR) will be “one of the most meaningful advancements in computing that the world has ever seen.” Evan Spiegel, CEO...

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DoorDash and Walgreens Team to Offer SNAP/EBT Payments
DoorDash and Walgreens Team to Offer SNAP/EBT Payments
April 24, 2024  |  Partnerships

DoorDash has teamed with Walgreens to offer SNAP/EBT payments at nearly 7,800 locations. According to its announcement Wednesday (April 24), DoorDash is the first platform that enables SNAP customers to...

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Forage and Uber Eats Partner on SNAP EBT Grocery Delivery
Forage and Uber Eats Partner on SNAP EBT Grocery Delivery
April 19, 2024  |  Delivery

Forage and Uber Eats have partnered to offer online purchasing and delivery of groceries to Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) recipients. The partnership will...

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AI-Powered Apps Streamline Team Collaboration
AI-Powered Apps Streamline Team Collaboration
April 16, 2024  |  artificial intelligence

Artificial intelligence (AI) chatbots are already conversing with you and are now here to enhance teamwork. Snap, a new app by Swit Technologies, is among...

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CE 100 Index Off 0.9% as Cogent’s Slide Blunts Communication Pillar Gains
CE 100 Index Off 0.9% as Cogent’s Slide Blunts Communication Pillar Gains
March 11, 2024  |  Connected Economy

The Fed held sway this past week as the guessing game about when — or whether — the central bank will cut rates continued. Fed...

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CE 100 Gains 1.9% as XPO and Adyen Surge on Earnings but Snap Plunges
CE 100 Gains 1.9% as XPO and Adyen Surge on Earnings but Snap Plunges
February 12, 2024  |  Connected Economy

Earnings season winds on, and earnings season dictates — at least for now — how the stocks move. The CE 100 Index gained 1.9%, buoyed...

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Tech Layoffs ‘Become Contagious’ Amid AI Investments
Tech Layoffs ‘Become Contagious’ Amid AI Investments
February 11, 2024  |  artificial intelligence

Tech firms have cut 34,000 jobs so far this year amid new investments in technology. A total of 141 companies have cut staff this year...

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