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EXPLAINED: Snap inc - The Real Truth

Google's YouTube settles case over social media harm to children

The terms of the settlement of the state court lawsuit were confidential, the lawyers said on Tuesday. The suit named four defendants - YouTube, Meta's Instagram, Snap Inc's Snapchat and ByteDance's TikTok - and the remaining three companies are still set to face trial in July.

The Economic Times

Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records show

Meta settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following earlier settlements by co-defendants Snap Inc , YouTube parent Alphabet and TikTok parent ByteDance. Terms of the deals ‌had not been disclosed ⁠in court.

The Economic Times

Snap Inc blames AI as it lays off 1,000 workers

Cuts by Snapchat’s parent company come in response to a declining stock price and pressure from an activist investor

The Guardian - US

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Snapchat laying off 1,000 employees amid financial struggles

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The Independent UK

Snapchat to lay off 16% of its workforce as it struggles financially

Snap Inc.’s CEO said about 1,000 employees will be laid off

The Independent UK

Snap Inc. Stock Slumps Below $5.20 Amid Ongoing Pressure, Down 3-4% in Early Trading March 6

Snap Inc. (NYSE: SNAP) shares extended recent losses Friday, March 6, 2026, trading down around 3-4% in midday action to hover near $5.14, as the social media company grapples with persistent investor skepticism despite solid Q4 2025 results and ambitious augmented reality plans.

International Business Times

Meta CEO Mark Zuckerberg to testify in trial over alleged social media harm to children

A 20-year-old woman going by the name KGM alleges in a lawsuit that her use of Meta and Google platforms as a child fostered depressive and suicidal thoughts.

Euronews

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Social media companies are being sued for harming their users’ mental health – but are the platforms addictive?

Experts say the term ‘addiction’ is be overused and, for social media use, could be difficult to prove

The Guardian - US

Undercover investigation of Meta heads to trial in New Mexico in first stand-alone case by state

The first stand-alone trial from state prosecutors in a stream of lawsuits against Meta is getting underway in New Mexico

The Independent UK

“We’re building a computer that we hope you’ll use less.” Snap’s new camera glasses will launch in 2026 under the new Specs Inc.

The company behind Snapchat now has a separate subsidiary for camera glasses, which plans to launch Specs in 2026

Digital Camera World

‘A black hole’: families and police say tech giants delay investigations in child abuse and drug cases

US law enforcement officers say Meta and Snapchat routinely delay or reject warrants. The companies disagree

The Guardian - US

Why Snap Shares Are Trading Higher By Around 20%; Here Are 20 Stocks Moving Premarket

Shares of Snap Inc (NYSE:SNAP) rose sharply in pre-market trading after the company reported better-than-expected third-quarter financial results.

Benzinga

Snap Inc’s (SNAP) High Short Interest Adds a Wrinkle to Its Unusual Options Activity

With the bears piling into the short trade across several popular securities, SNAP stock could potentially jump higher due to contrarian sentiment.

Barchart

SNAP Stock Surges Nearly 12% In A Week On Record Volume, Boosted By New OS Launch, Continued TikTok Uncertainty

Shares of Snap Inc. (NYSE:SNAP) rallied nearly 12% over the last five trading days, closing the week with significant momentum driven by a major product announcement and persistent geopolitical uncertainty surrounding its chief competitor, TikTok.

Benzinga

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Benzinga

Stock Of The Day: Will Snap Refill The Gap?

Shares of Snap Inc. (NYSE:SNAP) are trading higher Thursday. The stock is in a strong uptrend. Some analysts attribute the move to the company's announcement of its new fifth-generation Spectacles and operating system, Snap OS 2.0.

Benzinga

Snap CEO Evan Spiegel Launches Startup-Style 'Squads' To Revive Growth As Ad Revenue Slows

Snap Inc. (NYSE:SNAP) Chief Executive Evan Spiegel announced a major organizational restructuring on Monday, implementing startup-style “squads” to accelerate growth initiatives as the social media company grapples with slowing advertising revenue and intensifying competition from tech giants.

Benzinga

Snap Revenue Beat, User Growth Not Enough To Excite Shares In Q2

Snap Inc (NYSE:SNAP) stock is trading lower after reporting second quarter financial results Tuesday after market close.

The Guardian - UK

‘Children are entering a hellscape’: the terrifying film about grieving parents taking on social media giants

Sextortion, suicide scenarios, unwanted sexual advances – all this and more is served up to teens on their phones. Can’t Look Away tells a devastating story of bereft parents trying to hold the likes of Snapchat to account

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Fortune

Apple is suing a former senior employee, alleging he stole trade secrets about the $3,500 Vision Pro before taking a job at Snap

Apple said Di Liu waited nearly two weeks to notify the company that he was resigning—"and even then, he did not disclose he was leaving for Snap."

Benzinga

Apple Sues Ex-Engineer Over Alleged Theft Of Vision Pro Secrets As Snap Prepares AR Glasses Launch

Apple, Inc. (NASDAQ:AAPL) filed a lawsuit in California last week, accusing former senior design engineer Di Liu of stealing confidential company information before leaving to work at Snap Inc. (NYSE:SNAP).

Forget Meta's Orion, I tried Snap's sci-fi Spectacles and they blew my mind

Snap's fifth-gen Spectacles really opened my eyes when I got to try them out – here are my thoughts.

The Guardian - AU

‘Grooming our children’: politicians demand Sportsbet pull promotional filters from Snapchat

Exclusive: Monique Ryan, Kate Chaney, Andrew Wilkie and Sarah Hanson-Young all call for gambling giant to remove the social media ads immediately

The Independent UK

Details from New Mexico's lawsuit against Snap show site failed to act on reports of sextortion

Snapchat has failed to act on rampant reports of child grooming, sextortion and other dangers to minors on its platform

Fortune

Thoma Bravo closes $5.3bn Darktrace acquisition

Co-founder and former Mike Lynch protégé Poppy Gustafsson stepped down as CEO weeks before the acquisition closed.

Barchart

Nvidia and 2 More Stocks Set to Move on U.S. Elections

The 2024 U.S. elections are expected to have a significant impact on the stock market, particularly for tech giants Nvidia, Snap, and Tesla, whose stock prices could be sensitive to policy shifts and potential changes in trade rules, regulations, and laws.

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