Snap CEO Evan Spiegel Announces Focus On Ad Business And AR Amid Still Competition From TikTok And Mark Zuckerberg's Meta - Meta Platforms ( NASDAQ:META ) , Snap ( NYSE:SNAP )
Snap Inc. SNAP will focus on enhancing its advertising business and augmented reality offerings, CEO Evan Spiegel told employees on Tuesday. What Happened: The announcement comes as Snap faces stiff competition from major social media platforms like Mark Zuckerberg's Meta Platforms Inc.
| Ticker |
Sentiment |
Impact |
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SNAP
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Neutral
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25 %
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META
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Neutral
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17 %
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