23 February, 2018, 05:03 | Author: Darren Santiago
Shares of the Snapchat parent company sank 6.1 percent on Thursday, wiping out $1.3 billion in market value, on the heels of a tweet on Wednesday from Kylie Jenner, who said she doesn't open the app anymore.
Jenner didn't spell out why she parted with Snapchat, but her comments were widely seen as a response to the service's recent controversial redesign. She wrote, "Or is it just me... ugh this is so sad".
Shares of Snap rose above their flotation price of $17 for the first time since July earlier this month despite a public backlash against Snapchat redesigns. Some users have even been sharing tweets and Instagram posts online with of a step-by-step "hack" on how to force the iOS App Store to download the old design, even if the solution is only temporary. On February 7, a share of Snap was worth $20.54, its highest value since last June. In its response, the company said it is aware that people hate the new Snapchat redesign, and therefore, it would bring in some changes that should be acceptable to the users. Snap has since officially responded to the petition signed by 1.2 million users in hopes that the company will roll back to the more familiar layout. Instead of splitting it up, the Friends and Discover screens will now have individual tabs on the same screen so that you can do more without leaving the page.
Ives believes the update was necessary to expand Snapchat's user base.
Defending the redesign, it added: "By putting everything from your friends in one place, our goal was to make it easier to connect with the people you care about most".
However, after the redesigned platform was made available, users were complaining that Snapchat is "too over complicated" now, and they are finding it hard to locate their friends.
"This same personalisation is also true of the new Discover, which will adapt to you the more that you use it", The Verge reported while quoting a company statement.
"For a very long time, we have been trying to clarify, or at least distinguish, the difference between friends and publishers", Spiegel said in November.
According to Lavrov , Moscow fears that by its actions in Syria , the United States is trying to dismember the country. The ministry denied the relation of the killed and the wounded with the regular Russian armed forces.
The median price for an existing single-family home was $241,700, while the median price for an existing condo was $231,600. The inventory of available properties fell 9.5 percent to 1.52 million, lowest for January since records began in 1999.
The amount of shares exchanged has so far reached 1,633,171 whilst the average number of shares exchanged is 4,074,602. The stock had opened the regular trading at $43.36 and managed a 0.07% price change to reach $43.13 through the close.
Now, just before the official launch, full specifications of the Galaxy S9 duo along with new press renders have emerged online. First, if you're in the market for a new flagship smartphone, you might as well get the best that's offered by Samsung.
Fourth shot clears the sand but settles into rough short of green, leaving him 13 feet, nine inches from the pin for par. I think McIlroy can put up some good scores on Thursday and Friday and make a charge on the weekend.
Symptoms of the flu may include fever, chills, cough, sore throat, runny nose, body aches, headaches and fatigue. However, some health experts believe the flu shot could be like taking high blood pressure medicine.
Now the United States negotiators are calling him out for his refusal to accept Israel as a nation state of the Jewish people. Though Kushner and Greenblatt didn't meet Abbas, they did meet informally behind closed doors with Security Council members.
She wondered if the Buhari led Federal Government did not learn anything from the incident of the abducted Chibok girls. Yobe police commissioner Abdumaliki Sunmonu, said the students are being profiled to know who is missing.
The company, being Europe's biggest bank, claims that its success follows its strategic decision to focus on its Asia operations. The group is signalling further share buybacks will be considered when appropriate but nothing concrete in this announcement.
Daytona 500: Austin Dillon takes victory in No. 3
Almirola went from first to 11th as Dillon sailed off to the win in the No. 3 Chevrolet at Daytona International Speedway. Dillon spun Almirola then whizzed on by to give Childress, his grandfather, another iconic victory in the beloved No. 3.
Google's Reply app is here and works surprisingly well
Last year, Google introduced a ton of new security features with Android 8.0 Oreo created to prevent unauthorized access to apps. Google has announced that it will eventually allow the use of Google Pay to send money between devices.
Tessa Virtue and Scott Moir Win Second Olympic Ice Dance Gold
The skaters have said they will retire after Pyeongchang. "How we want to be remembered is by inspiring the next generation. Virtue and Moir completed two breathtaking routines on Tuesday, with a short dance set to Latin, samba and cha-cha music.
New health care bill allows non-ACA plans, targets Medicaid
But that deterrent no longer exists, which could encourage more people to flee the Obamacare markets for short-term coverage. Seema Verma, the administrator of the Centers for Medicare and Medicaid Services, pushed back on the Democratic criticism.
Delhi Chief Secretary Assault: Centre seeks report
The Aam Aadmi Party on Tuesday alleged that their leaders was assaulted in the Delhi Secretariat complex by a mob. The home minister would also meet a delegation of IAS officers of the Delhi government, a ministry official said.