Snapchat showed its first-ever decline in daily active users—by 3 million to 188 million— but it also topped Wall Street’s revenue estimates. The two messages essentially counteracted each other and Snap’s stock was flat in after hours trading. The company tried to divert attention from its loss of DAUs by announcing that it had around 100 million monthly active users—the first time it has...
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SpaceX, Klaviyo, LLMs: Highlight Stories From This Week
This week we were treated to not one but two big tech IPOs! Plus, two tech juggernauts—Amazon and Microsoft—held big, flashy product launch events. Through it all, The Information’s newsroom pumped out a string of scoops, analyses and meaty newsletters.
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