Kerry Flynn, business reporter at Mashable, discusses Snap's first year as a public company. The company's IPO debuted on the New York Stock Exchange on March 2nd, 2017.
Flynn weighs in on the volatility of Snap shares since going public. The social media company has struggled with everything from disappointing earnings, to slow user growth, to competition from Instagram. At the end of February, celebrity influencer Kylie Jenner announced that she was using the platform less and less, which caused the stock to spiral downward after weeks of trading higher.
Flynn also shares her thoughts on Cheddar's report that Snap will be releasing a second version of its Spectacles. The first version of the product did not do well with consumers, and Flynn is skeptical that the Spectacles will do any better this time around.
The Biden administration announced the first of many coming federal investments in computer chip production, saying Monday that it would provide $35 million for BAE Systems to increase production at a New Hampshire factory making chips for military aircraft, including F-15 and F-35 jets.
English Wikipedia raked in more than 84 billion views this year, according to numbers released Tuesday by the Wikimedia Foundation, the non-profit behind the free, publicly edited online encyclopedia. And the most popular article was about ChatGPT (yes, the AI chatbot that’s seemingly everywhere today).
