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Sources: Ajit Mohan, the head of Meta in India who joined the company in 2019, has left to become the president of Snap's APAC business (TechCrunch)

[ad_1] TechCrunch: Sources: Ajit Mohan, the head of Meta in India who joined the company in 2019, has left to…

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Technology

A look at Snap's decision to close Zenly, popular in Europe and Asia with a claimed ~35M MAUs earlier in 2022, to "focus on Snap Map", which has 300M+ MAUs (TechCrunch)

[ad_1] TechCrunch: A look at Snap’s decision to close Zenly, popular in Europe and Asia with a claimed ~35M MAUs…

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Technology

Netflix hires two Snap executives to lead its ad-supported tier plan: Snap's Chief Business Officer Jeremi Gorman and VP of Sales for the Americas Peter Naylor (Alex Heath/The Verge)

[ad_1] Alex Heath / The Verge: Netflix hires two Snap executives to lead its ad-supported tier plan: Snap’s Chief Business…

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As Snap's growth warning sends its stock down over 41%, other social media stocks drop too: Meta by 9%+, Pinterest by 22%, Alphabet by 6%+, and Twitter by 4% (Lauren Feiner/CNBC)

[ad_1] Lauren Feiner / CNBC: As Snap’s growth warning sends its stock down over 41%, other social media stocks drop…

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Snap CEO Evan Spiegel dismisses Meta's metaverse ambitions as "ambiguous and hypothetical" and says the word "metaverse" is never uttered in Snap's offices (Alex Hern/The Guardian)

[ad_1] Alex Hern / The Guardian: Snap CEO Evan Spiegel dismisses Meta’s metaverse ambitions as “ambiguous and hypothetical” and says…

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