Snap, the maker of the ephemeral messaging app Snapchat, is laying off 20% of its employees, discontinuing at least six products and appointing its first chief operating officer in seven years, the financially struggling social media company said Wednesday. The cuts are set to affect close to 1,300 of Snap’s 6,400 employees, the company said. […]
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Snap Inc, the parent company of photo messaging app Snapchat, is testing a new subscription service called Snapchat+ that would give subscribers access to exclusive and pre-release features, a Snap spokesperson confirmed on Thursday. The subscription feature, which Snap said is being tested internally, was first revealed on Twitter by a user named Alessandro Paluzzi, […]
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