Eek! Amy Schumer joked about spending time with Adam Levine amid the drama following accusations that he cheated on wife Behati Prinsloo.
08.09.2022 - 06:11 / deadline.com
Barely a week after announcing massive layoffs and initiating a significant restructuring of the company, Snap Inc. CEO Evan Spiegel said the social media firm is committed to staying independent and resisting any takeover offers.
“When I look at the long-term opportunity in our business, I really believe it’s enormous. I believe we’re far from reaching our full potential,” the co-founder of Snapchat’s parent company said during a 30-minute appearance at the Code Conference in LA. “Over time, the stock price has gone up and down, but we’ve tried to stay focused on delivering real value for shareholders. Since our IPO [in 2017], I think we’ve grown revenue 10x. … We’ve doubled the size of the community. We believe those things are really important.”
Snap announced the elimination of 20% of its workforce last week, along with a range of drastic cost-cutting measures. After a poor quarterly financial report, the company’s shares plunged over the summer, extending a slump in 2022 that has slashed two-thirds of its valuation. Building back the company’s market cap from the current level of $19 billion will be a daunting process, Spiegel conceded. “Looking forward at the macroeconomy, we don’t see a lot of things that make us optimistic,” he said.
Kara Swisher, the co-founder of Recode who is wrapping up a 20-year run presiding over the conference, was joined onstage by author and NYU professor Scott Galloway in quizzing Spiegel.
While the recovery process “is going to be difficult” because Snap is “smaller than these other very, very large companies,” Spiegel insisted that an easier exit via a takeover is not in the plans. “These other very large companies started as small companies too,” the CEO pointed out. “They were asked
Eek! Amy Schumer joked about spending time with Adam Levine amid the drama following accusations that he cheated on wife Behati Prinsloo.
amassed over 90,000 followers on TikTok, where she regularly posted content about fashion and dance. In her final video, posted on the day of her death, the aspiring social media star had said, “When they tell me they don’t like me.
Emily Ratajkowski has shared an adorable picture with her baby boy, calling the youngster the "love of my life".SEE: Emily Ratajkowski’s $2.5m former love nest with ex Sebastian is jaw-dropping - full tourIn the picture the two are together in the bath with the model nude and lying on her side as her one-year-old son Sylvester stands with his arm resting on his mom.WATCH: Emily Ratajkowski's cryptic message amid split with Sebastian Bear-McClardEmily simply captioned the post "loml" and fans and friends rushed to comment, with Tan France writing: "Love this so much." "The most beautiful post," shared another fan with many leaving heart emojis.The post comes after her split from Sylvester's father, actor and producer Sebastian Bear-McClard. The model, 31, filed for a divorce with her husband of three years after reports of his serial infidelity led the couple to separate.READ: Emily Ratajkowski nails transitional dressing in ultra-vibrant tropical print shirtRELATED: Emily Ratajkowski debuts new hair transformation at New York Fashion WeekThe couple tied the knot in an unexpected ceremony in a courthouse in New York back in 2018.
There's a high chance that if you've been scrolling through your For You page on TikTok recently you will have seen one of Madeline Argy's videos. Hailed as a British Emma Chamberlain, the TikTok star has quickly risen to fame thanks to her brutally honest life stories and conversational anecdotes.That being said, more recently her love life is getting tongues wagging just as much as her iconic content; speculation is through the roof that Madeline is dating rapper Central Cee and social media isn't dropping it.Madeline was born in 2000 and is 21 years old.According to her PR agency Madeline lives in Sussex/London.
Forever a kid at heart! JoJo Siwa responded after a social media troll criticized her for taking girlfriend Avery Cyrus to Chuck E. Cheese for date night — and she had no shame about her restaurant of choice.
GAYLE is one of the fast-rising superstars on the pop scene we’re most excited about, and we want Just Jared readers to get a chance to get to know her even better.
Yikes! Addison Rae is reacting to how her parents, Sheri Easterling and Monty Lopez, have been — very publicly — handling their recent split.
EXCLUSIVE: MrBallen, otherwise known as John Allen, a former Navy Seal turned breakout podcaster, has launched his own content studio.
Andrew Wallenstein President and Chief Media Analyst Snap founder Evan Spiegel expressed confidence in steering his beleaguered company through tough times with a refined focus on three key areas, as outlined in a keynote interview Wednesday at the Code Conference in Los Angeles. He identified boosting Snap’s user base of 350 million daily active users, reaccelerating revenue growth and investing in augmented reality as the road to recovery for a company suffering a 75% stock decline versus last year. Last week, Spiegel announced he was laying off a fifth of the company and shuttering multiple product lines outside his narrowed focus, including original content. The layoffs, he explained, were necessary to reaccelerate revenue growth at a time when macroeconomic circumstances make cost-cutting the only viable short-term solution.
Ok, actually very funny!! Gotta hit ’em where it hurts!
. So you'd better believe that when I saw people using a can (yes, an aluminum beverage can) to curl their hair, I had to try it to see if it worked. To give you some context, people all over TikTok and Instagram () are putting a piece of their hair into a can, swirling it around, blowing the can with a hot blow-dryer, and pulling out the hair to reveal a perfectly curled piece of hair. I first saw the trend on TikToker the page of , who claimed the can curled his hair to perfection.
A 14-year-old girl from Colorado was shot and killed in her home while filming TikTok videos.
Justin Bieber made fun of her first car, suggesting she "burn it."The YouTube star posted a TikTok video that shows a 2018 Instagram picture in which she gushed about her new custom car, which she received as a Christmas gift. The convertible was highly colorful and featured her name and face on the hood. A post shared by JoJo Siwa (@itsjojosiwa)After posting the photo, Justin commented, "burn it." A few days later, JoJo posted a photo with a cardboard cutout of The Biebs in the car.