snap

• Snap Buys AR Display Firm WaveOptics For $500 Million, Its Biggest Acquisition To Date
• Snap Launches Standalone Story Creation App With New Editing Tools, Multi-Platform Publishing

  Snap announced at its Partner Summit today that it will launch a standalone app called Story Studio comprising more sophisticated editing tools so that users can create more professional-looking Stories.

  
• Snapchat Says 53% Of Its ‘Snap Originals’ Are Fronted BY BIPOC Or LGBTQ+ Leads

  After 2020 “profoundly challenged the way we think and act,” Snapchat has released its second Diversity Annual Report, in which it outlined the strides it has made in its diversity, equity, and inclusion efforts (DEI), as well as its plans for the future.

  
• Snapchat’s TikTok Competitor, Spotlight, Has 125 Million Monthly Active Users

  “We are highly encouraged by the early returns from our investments in Spotlight with this new platform reaching over 125 million monthly active users in March,” Snap CFO Derek Andersen said during the tech giant's first-quarter earnings call.

  
• Snap Reportedly Readying Next Generation Of AR ‘Spectacles’ And Its Own Drone
• Snapchat Testing ‘Remix’ Tool In Stories, Which Is Akin To TikTok Duets
• Snap Doubles Down On Small Business Ads In Pact With Newspaper Publisher Gannett
• Reddit Hires First CFO Drew Vollero As It Eyes Public Offering
• Snap Taps Brooke Berry To Helm Creator Development Following ‘Spotlight’ Launch
• Snapchat Launches ‘Safety Snapshot’ Program To Educate Users On Data Security
• Ryan Reynolds To Premiere Snapchat Series Alongside Will Smith’s Westbrook Media
• On The Podcast: Can Snapchat Give Away $1 Million A Day Forever?