Page 2 - Snap Inc
Snapchat slows down hiring, to only hire 500 more people this year
CEO Evan Spiegel told employees that company plans to hire 500 people this year, versus 2,000 it hired over past 12 months, after warning investors that its revenue wouldn't grow as fast as expected
 "Snapchat slows down hiring, to only hire 500 more people this year")
Snap tumbles, drags social media giants on Apple privacy tweak worries
Apple's privacy updates, which were rolled out in June and July, prevent advertisers from tracking iPhone users without their consent
 "Snap tumbles, drags social media giants on Apple privacy tweak worries")
Snap Inc shares fall below $17 IPO price for first time
Snapchat owner's March market debut was the hottest US technology listing in years
Snap Inc acquires location-tracking startup Placed for $200 mn: Reports
Tech giant has acquired more than 10 startups so far, besides buying a drone maker
 "Snap Inc acquires location-tracking startup Placed for $200 mn: Reports")
Snap shares drop 4%, fall below $20 for the first time
The stock remains up 17 per cent from its $17 IPO price set on March 1
 "Snap shares drop 4%, fall below $20 for the first time")
Snap shares hit new low in choppy trading as valuation concerns mount
Snap has raised some eyebrows on Wall Street, with analysts flagging company's slowing user growth
Snap's shares open at lowest since market debut
Snap was down by around 11% at $21.20 at mid-day trading today
 "Snap's shares open at lowest since market debut")
Snap co-founders' worth is $5.3 bn each after IPO
Company raised $3.4 bn in Wednesday's initial public offering when it sold 200 million shares for $17 each
 "Snap co-founders' worth is $5.3 bn each after IPO")
NBCUniversal invested $500 million in Snap Inc as part of IPO
The company finished its first day of trading with a 44% gain compared to its IPO price of $17
 "NBCUniversal invested $500 million in Snap Inc as part of IPO")
SEC to question Snap's transparency for investors
Committee is scheduled to discuss the matter in a meeting on March 9
Snap's $17 a share IPO values firm at $24 billion
Company lost more than $500 mn last year
 "Snap's $17 a share IPO values firm at $24 billion")
Snap sets IPO valuation below expectations in range of $16.2-18.5 billion
The company said in a filing on Thursday that it expects to raise as much as $3.2 billion in the IPO
 "Snap sets IPO valuation below expectations in range of $16.2-18.5 billion")
Snap shoots for sky in $3-bn IPO pitch, promises little
The number of Snap's daily active users grew to an average of 158 million at the end of December
 "Snap shoots for sky in $3-bn IPO pitch, promises little")
