Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.Technologyread more
The company's comments Friday come after the White House said U.S.Trade Representative Robert Lighthizer will "address the threatened impairment" of national security from...Autosread more
China's currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it's signaling things aren't going well.Market Insiderread more
Apple CEO Tim Cook was the commencement speaker at Tulane University Saturday. In his speech, the tech executive focused on the importance of addressing climate change and...Power Playersread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
Some analysts see streaming services like Netflix becoming hindered by one of the things that made them so popular in the first place — binge watching.Entertainmentread more
There is a shortfall of cybersecurity workers that could reach as high as 3.5 million unfilled roles by 2021. A start-up called Synack provides crowdsourced security, and...CNBC Disruptor 50read more
Yardeni Research's Edward Yardeni recommends investing in U.S. companies with exposure to China.Trading Nationread more
CNBC and SurveyMonkey's latest small business optimism index echoes that sentiment, finding 52 percent of small businesses say it's harder to find workers today than it was a...US Economyread more
CNBC combed through Wall Street research over the last week to see which stocks analysts say have the best risk-reward.Marketsread more
Western Union is not panicking, but the delivery of money around the world is being upended, says CEO of upstart TransferWise. It broke into the $689 billion remittances...CNBC Disruptor 50read more
Facebook's Instagram has more than 500 million daily users, while Snapchat is sitting at 128 million.
Instagram has an easy-to-use interface that makes it a cinch to snap short videos and post them to friends and family. And your friends and family are probably already on Instagram since it uses the same credentials as Facebook. Like Snapchat, Instagram gives you filters and fun effects, but you don't have to go swiping around like crazy to find them.
Snapchat CEO Evan Spiegel knows this, which explains why he . It better be good, and it better come soon.
Yikes! Spectacles launched last year to much applause in Silicon Valley, but that enthusiasm quickly disappeared. Snap expected its fans to run to vending machines around the country for a shot at buying the camera-equipped sunglasses.
The marketing worked for a bit until people stopped caring. That's when Snap decided to sell Spectacles directly from its website. Little did investors know that the company had more than $40 million worth of excess inventory, which Snap wrote off during the quarter.
Finally, Snap can't seem to attract new users to its platform.
The company had just 178 million daily active users during the quarter, missing estimates of 181.8 million. It added only 4.5 million users in the period. Despite new features like and fun new masks for users, the service isn't giving people many reasons to stick around.
Disclosure: CNBC parent NBCUniversal is an investor in Snap.