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Snapchat’s parent company shutters Web3 division amid layoffs

Snap Inc’s CEO Evan Speigel announced in a note on Friday that the company had made the difficult decision to reduce the size of its workforce by approximately 20%.  The note said that this round of layoffs comes after the company experienced slow revenue growth, a slump in stock prices, and a general lag behind its financial targets. Speigel shared: “Our forward-looking revenue visibility remains limited, and our current year-over-year QTD revenue growth of 8% is well below what we were expecting earlier this year.” Snap Inc. will now undertake the task of restructuring in an attempt to ensure the company’s success in a highly competitive space where Instagram and TikTok are currently dominating. As part of its restructuring process, the company has axed its entire We...

Snapchat Looking Out For 25 Black Content Creators, Annouces Funding & Mentorship Program

HipHopWired Featured Video Source: blackCAT / Getty Snapchat is putting its money where its mouth is and is looking out for Black content creators. Snapchat Launches New Funding & Mentorship Program Black content creators are what make social media platforms like TikTok and Snapchat, but sadly, they are not adequately acknowledged or compensated for their content. Snapchat is looking to change that for 25 Black content creators with its new funding and mentorship program launch. Black Snapchat creators will receive funding, mentorship, and other resources through a one-year accelerator program Snapchat announced on Thursday (Jun.23). The move is in line with other companies like YouTube with its #YouTubeBlack Voices Fund, which makes a conscious effort to support content creators ...

Snapchat is Working on a Paid Version of the App

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Snapchat Launches Four Augmented Reality Lenses At EDC, Showcasing the Technology’s Long-Term Utility

Snapchat and EDC are affording festival-goers new ways to capture the magic of America’s largest dance music festival. Part of Snap’s recently announced multi-festival partnership with Live Nation, the company has developed and launched a handful of augmented reality lenses curated for EDC Las Vegas and beyond. Attendees who open Snapchat at the Las Vegas Motor Speedway will be greeted with a slate of new lenses to transform their experience under the electric sky. Bring EDC’s iconic neon owl to life with the Night Owl lens and watch it soar across the sky on your phone in real time. Meanwhile, utilizing the Daisy lens gives users the ability to sprout towering neon flowers from the ground at their feet, creating new digital landmarks and unique opportunities for content ...

Snap and Live Nation to Launch Augmented Reality Experiences at EDC Las Vegas

Snapchat and Live Nation have teamed up to create a series of custom concert experiences in the world of augmented reality, starting with EDC Las Vegas later this month. After inking the high-profile partnership, Snap and Live Nation will work together on AR content for over a dozen music festivals in 2022, including Austin City Limits, Beyond Wonderland, Bonnaroo, Day Trip, Lollapalooza, Rolling Loud, Governors Ball and more. At the recent Snap Partner Summit, the company declared that augmented reality has the potential to become a new creative medium. “We can leverage this huge user base we have in a way that will make augmented reality the next phase of visual expression for artists,” said Snap’s Senior VP of Content and Partnerships, Ben Schwerin. In a statement, Schw...

VIDEO: Ruger – SnapChat

Coming in from the Jonzing World, presents the official video for the single titled ‘SnapChat’ by Ruger. Jonzing World music star, Ruger, serves yet another thrilling and exciting visual for his released track ‘SnapChat‘. ‘SnapChat‘ is a track off his extended play ‘The Second Wave‘. The artist new visual for ‘SnapChat is a Priorgold Picture production and it was directed by Ahmed Mosh. Watch, enjoy and share Ruger – ‘SnapChat’ video below. [embedded content]

Twitter Introducing 30-Second Long Full-Screen Ads to Fleets

Image sourced from Mission Statement Academy /* custom css */ .tdi_4_71c.td-a-rec-img{ text-align: left; }.tdi_4_71c.td-a-rec-img img{ margin: 0 auto 0 0; } Twitter has been focusing extensively on adding new features to the service over the last few months in efforts to fuel engagement with users and increase revenue from advertisers. Last year November, Twitter introduced its Instagram and Snapchat-like stories feature, Fleets to mixed reactions from users. However, it seems that the feature has been garnering significant usage as the company plans to introduce up to 30-second long full-screen adverts to Fleets. The adverts will reportedly work similarly to those users stumble across while scrolling past stories on Instagram. Twitter says it will start adding full-screen ads to Fleets, s...

Megan The Stallion Is Putting Her Dog Mom Skills On Display In New Snapchat Show ‘Off Thee Leash’

HipHopWired Featured Video Source: Bernard Smalls / @PhotosByBeanz83 Next to being a hot girl, Megan Thee Stallion loves being a dog mom. We’re gonna get to see more of that side on a new show coming to Snapchat. Last month, Megan Thee Stallion announced to her fans she was taking a break from her music career but assured the hotties she would be back. In the meantime, she is still keeping the hotties updated with her life through social media. Variety reports the Good News crafter is getting her own Snapchat show called Off Thee Leash With Megan Thee Stallion, and it is being produced by Will Smith and Jada Pinkett-Smith’s Westbrook Media group. The show is geared toward the younger audience who still faithfully use the app and is part of the Snap Original series slate of 128 shows like S...

Swae Lee Premiering New Docuseries on Snapchat

HipHopWired Featured Video Source: Snapchat / Snapchat Swae Lee is teaming up with Snapchat to give fans all access with a new docuseries. The OG filter-loving social media app is giving fans an all-access pass to view his life. The 10-episode Snap original docuseries, Swae Meets World, is set to premiere on Snapchat’s Discover, with new episodes that will go live every other day. The Snapchat original docuseries will follow Swae Lee on his journey through triumph and tragedy as he prepares to launch his first solo album, capturing Swae Lee embracing the most pivotal moment in his career, following his success as a five-time Grammy nominee as one half of the hip hop duo Rae Sremmurd. “I want to change the world through my music, that’s my main goal,” Swae says in the Swae Meets World trail...

Regina Daniels: News about Sara being my husband’s wife completely false

There were speculations on Monday, alleging that the businessman and philanthropist is engaged to a prospective 7th wife, after a lady, identified as Sara shared photos of herself posing in Ned Nwoko’s mansion. The post Regina Daniels: News about Sara being my husband’s wife completely false appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Justin Bieber Drops New Single “Lonely”: Stream

Pop superstar Justin Bieber has unveiled new single “Lonely”, produced by Benny Blanco (Rihanna, J Balvin, Sia) and FINNEAS. Watch its corresponding music video below. In the clip, a young boy played by actor Jacob Tremblay (Room) is seated by himself at a backstage styling mirror with a bouquet of roses. It’s assumed the kid is a young 13-year-old Bieber, fresh from signing on with Scooter Braun’s record label, and catching his first glimpses of the superstardom. He eventually makes his way through the venue’s backstage and onto the stage — only to find his future self as the lone audience member. “benny and Finneas are both extraordinary writers, and it’s been amazing collaborating with them on ‘Lonely,’” Bieber said in a statement. “To be honest, the finished song is tough for me t...

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