It’s a happy Halloween for rebounding Snap

It’s a happy Halloween for rebounding Snap

Snap Inc, the company behind Snapchat, has released financial results which show that the company appears to be bouncing back after a tough couple of years. Q3 2024 revenues increased 15% year-over-year to $1.37bn while Daily Active Users increased 9% to $443m in the...
Bluesky’s $15m fundraiser ramps up rivalry with Elon Musk’s X

Bluesky’s $15m fundraiser ramps up rivalry with Elon Musk’s X

Social app Bluesky, widely touted as a potential rival to X, has raised $15 million in its Series A round. This follows an $8m tranche of seed funding secured last year. The new cash injection comes at a time of strong growth for the platform, which has added around 3...