Snapchat is welcoming outside developers, but doesn't want to make the same mistakes as Facebook [Los Angeles Times (CA)]
Snap Inc. Class A (SNAP)
Last snap inc. class a earnings: 4/21 04:10 pm
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Source: Los Angeles Times
Snapchat is welcoming outside developers, but doesn't want to make the same mistakes as Facebook Snapchat is opening up to outside developers and apps for the first time in a bid to boost user growth with new features and collaborations. In doing so, the video messaging app is following the footsteps of its rival Facebook, which first welcomed outside developers in 2007. That helped jump-start growth for the social network from 20 million users at the time to over 2 billion today. Snapchat is mindful that Facebook’s move more than a decade ago has resulted in the company’s string of controversies over user security and privacy — highlighted by the Cambridge Analytica scandal. To prevent a repeat, Snapchat’s parent company, Snap Inc., said it was taking a number of steps to ensure user data won’t be misappropriated. Among them, Snapchat users won’t be asked to provide personally identifiable information such as their age and gender; Friends’ user data won’t be shared; and human review
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SNAP
News
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- Snap Announces Proposed Private Offering of $650 Million of Convertible Senior Notes Due 2030 [Yahoo! Finance]Yahoo! Finance
SNAP
Earnings
- 4/25/24 - Beat
SNAP
Sec Filings
- 5/10/24 - Form 4
- 5/2/24 - Form 4
- 5/1/24 - Form 4
- SNAP's page on the SEC website