Daily Crunch: Snapchat is getting mini apps

Snap announces a bunch of new features, Moderna prepares for the final-stage trial of its coronavirus vaccine and Sony shows off the PlayStation 5. Here’s your Daily Crunch for June…

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Snapchat is no longer promoting Trump’s posts

Snap announced this morning that it will not be promoting content from President Trump’s Snapchat account in its Discover tab following statements from Trump last week on Twitter, which threatened…

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Snap Camera with 30 times more downloads because of the Coronavirus pandemic

Snap today announced financial results for the quarter ended last month, and revelead that it has seen more than a 30x increase in the daily downloads of Snap Camera. Snap…

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Snapchat quietly acquired AI Factory, the company behind its new Cameos feature, for $166M

After acquiring Ukraine startup Looksery in 2015 to supercharge animated selfie lenses in Snapchat — arguably changing the filters game for all social video and photo apps — Snap has…

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Snapchat goes after retailers and DTC brands with new Dynamic Ads

Snap today is announcing a new kind of advertising product, Dynamic Ads, that will help it to better attract ad dollars from retail, e-commerce and other direct-to-consumer brands — a…

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Snap CEO isn’t expecting much from Facebook antitrust investigations

Facebook’s relentless feature copy of Snapchat has been seen as one of the chief examples of the company’s competitive overreach, but Snap CEO Evan Spiegel isn’t sure whether antitrust activity…

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