Over the last three months, Facebook has continued its quest to crush Snap Inc. Instagram Stories now has more daily users than Snapchat overall. Facebook just released Watch, original shows not unlike what you see on Snapchat Discover.
Snapchat's most famous moment from the last three months: a dancing hot dog. That meme, no matter how viral, did not help Snap impress Wall Street with its quarterly earnings report Thursday.
Snap Inc. missed analysts' two big estimates: revenue and daily active users. Snap reported $181.7 million this quarter while analysts predicted revenue of $186 million, according to FactSet. Read more...
More about Business, Facebook, Snapchat, Earnings, and Evan Spiegelvia Zero Tech Blog
