Agencies hope Snap's two big veteran hires will fix its rocky relationships with advertisers before they ditch the platform

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BI PRIME: Marketers say that Snap bringing in execs from Amazon and The Huffington Post to replace Imran Khan could help with better communication, but the company still needs to prove itself.

 

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Snap Inc. announces two big hires ahead of its critical third-quarter earnings report - Los Angeles TimesJeremi Gorman is leaving her job as chief of global advertising sales at Amazon to become Snap’s new chief business officer, and Jared Grusd, who was chief executive of the Huffington Post, is joining as chief strategy officer, the company said Wednesday. Just had to have that new format everyone hated. I use Snapchat everyday. I love it. It’s a generational thing Good for them
Source: latimes - 🏆 11. / 82 Read more »

Amazon, Google and Snap shares decline after earnings reportsShares in Google, Amazon, and Snap all declined after issuing quarterly earnings reports, adding to recent struggles for tech stocks. You gone done took my Chinese transcription mandate and made you own games? And here it Starts. Karma.
Source: NBCNews - 🏆 10. / 86 Read more »

Snap continues to lose Snapchat users, but its revenues rose in the third quarter - Los Angeles TimesSnap Inc. reported a slightly smaller third-quarter loss than analysts expected Thursday, on higher revenues. But daily active users of the company’s Snapchat app continued to shrink, by 2 million users from the previous quarter. That’s why they’re losing users. Too much paid content So just like the la times, minus the revenue.
Source: latimes - 🏆 11. / 82 Read more »

RED OCTOBER: Amazon, Google, and Snap are plunging and taking global stocks down with themThe China trade war, the Fed raising interest rates, and a spike in bond yields are all driving premarket trading lower. How many of these damn crashes do I have to live thru? removetrumpnow Snap getting lumped in here is appalling. In no way does their demise affect another market.
Source: BusinessInsider - 🏆 729. / 51 Read more »

LIVE: Here comes Snap's Q3 earnings...Snap Q3 Daily Active Users 186 million, down 1% QoQ (186.8 million expected)
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LIVE: Snap stock soars 7% after beating on the top and bottom lineSnap Q3 Revenue $297.7 million ($283.36 million expected) I don't think Snap is going to save the day.
Source: BusinessInsider - 🏆 729. / 51 Read more »