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Feb.22 -- Snap Inc.’s shares sank as much as 7.2 percent Thursday, wiping out $1.3 billion in market value, on the heels of a tweet from Kylie Jenner, who said she doesn’t open the app anymore. Bloomberg's Taylor Riggs takes a look at the shares on "Bloomberg Markets."
Cliff Lerner, author of "Explosive Growth: A few things I learned while growing to 100 million users and losing $78 million," joins us to discuss the startup world.
Earlier this week, Snap Interactive(STVI) hosted a blockchain investor event that Zacks co-hosted, Public Blockchain Companies: How to Play the High Growth Blockchain Thesis in the Stock Market. The event was well-attended and featured several knowledgeable speakers who discussed the outlook for blockchain and cryptocurrency. While opinions differed on specific applications or timing, the overall outlook for blockchain and crypto was extremely positive.
Since announcing a new blockchain strategy last month, Snap Interactive (STVI) has made progress with this initiative, including appointing blockchain experts to its Blockchain Advisory Board and forging relationships with complementary blockchain players. Reflecting the company’s progress, Snap also received an investment from a new institutional investor. Snap has appointed Lou Kerner and Lon Wong to its blockchain advisory board.
The blockchain revolution is coming. As the tides change, small-cap companies must either learn to evolve or perish. Here's what experts in blockchain have to say.
Snap Interactive (STVI) recently announced a strategy to leverage the benefits of blockchain technology. The blockchain is a decentralized and encrypted “ledger” that offers a secure method to store records and other information in a way that can be verified. Each block in the blockchain contains a hash – a digital fingerprint or unique identifier – and timestamped batches of prior transactions, as well as the hash of the previous block.
Categories: Yahoo FinanceGet free summary analysis Snap Interactive, Inc. reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of Snap Interactive, Inc. – Facebook, Inc. Class A (FB-US) that have also reported for this period. Highlights Summary numbers: Revenues of USD 5.93 million, Net Earnings of USD ... Read more (Read more...)
Snap recently launched Camfrog Live, a one-to-many live streaming channel and an enhancement to Snap’s existing Camfrog video social networking app. Camfrog Live extends the range of content that the company can provide to Camfrog users. It offers each content creator their own live channel and the mechanism to collect virtual gifts and thereby earn money through a revenue sharing model with the company.
By M. Marin OTC:STVI Technology company Snap Interactive (OTC:STVI) strives to be a leader in social products that deliver live video through mobile platforms. The company operates several prominent social ...
Technology company Snap Interactive (STVI) strives to be a leader in social products that deliver live video through mobile platforms. The company already operates several prominent social networking and interactive dating applications that allow people to share live video. Following a 2016 merger that strengthened the company’s product portfolio and expanded its user base, Snap intends to develop and launch new live video social and dating applications to benefit from the growing popularity of the live video format and leverage the ongoing convergence of video and chat with online dating.
Categories: Yahoo FinanceGet free summary analysis Snap Interactive, Inc. reports financial results for the quarter ended March 31, 2017. We analyze the earnings along side the following peers of Snap Interactive, Inc. – Meet Group Inc and Facebook, Inc. Class A (MEET-US and FB-US) that have also reported for this period. Highlights Summary numbers: Revenues of USD ... Read more (Read more...)
Categories: Yahoo FinanceGet free summary analysis Snap Interactive, Inc. reports financial results for the quarter ended December 31, 2016. Highlights Summary numbers: Revenues of USD 13.18 million, Net Earnings of USD 0.84 million. Gross margins narrowed from 89.57% to 71.35% compared to the same period last year, operating (EBITDA) margins now 5.35% from -88.99%. Change in operating ... Read more (Read more...)