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Snap headquarters at 772 Donald Douglas Loop N. in Santa Monica.

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Snap Has Paid Spotlight Creators $130 Million

Social media giant Snap Inc. said it has paid out $130 million to content creators as part of its Snapchat Spotlight program.

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Snap Posts First Positive Cash Flow

Snap Inc. recorded positive free cash flow in the first quarter of 2021, the first time the company has done so since going public in 2017.

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Snap Acquires Fashion Tech Startup Fit Analytics

Santa Monica-based social media giant Snap picks up Berlin-based startup Fit Analytics.

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Snap Expects Disappointing Start to 2021

Snap Inc. announced strong fourth-quarter results, but said that it expected disappointing revenue numbers in the first quarter of 2021.

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Snap Acquires Mapping Startup StreetCred

Snap Inc. has reportedly acquired New York-based startup StreetCred Labs Inc., a company that collects location data for app developers.

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Snap Acquires AI Voice Startup for $70 Million

Snap Inc. is acquiring Israel-based startup Voca AI Ltd. for cash and stock.

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Snap Rolls Out Shows, New Lenses

Social media giant launches offerings to counter TikTok

In a series of moves seemingly made with one eye on advertisers and the other on rapidly growing competitor TikTok, Snap Inc. recently announced shoppable shows, rolled out music lenses and signed partnerships with third-party developers.

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Snap Planning $750 Million Offering

Reports surge in earnings and users

Snap Inc. announced a $750 million debt offering the day after reporting a jump in first-quarter earnings and daily active users.

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