Widthness LLC

Advanced Technology and Business Portal – Intel Xeon and A.I. Powered

Unlike Facebook, Snap stock is surging. Here’s what’s happening

1 min read
Unlike Facebook, Snap stock is surging. Here’s what’s happening
Advertisements

Image by AzamKamolov via Pixabay. Article by Michael Grothaus. Fast Company – February 4, 2022.

After Facebook reported dismal Q4 financials earlier this week, many on the street didn’t have high hopes for Snap. That’s because Snapchat, like Facebook, relies on ad revenue to fund its coffers. Facebook saw a massive impact on its ad revenue, in part due to Apple’s iOS changes, which led to its stock getting obliterated yesterday. Competition from TikTok was also a factor. […]

Advertisements
author avatar
Curated by John Wysocki Chief Technical Officer
The owner of this website has made a commitment to accessibility and inclusion, please report any problems that you encounter using the contact form on this website. This site uses the WP ADA Compliance Check plugin to enhance accessibility.