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Maybelline partners with Snapchat for AR-powered beauty platform in India
BusinessLine· 2025-10-07 06:38
Maybelline New York has partnered with Snapchat to launch MNY Look Studio, an augmented reality beauty experience targeting Indian consumers during the festive season. The AR-powered tool allows users to virtually try makeup looks, receive personalized color recommendations based on their skin undertones, and share their creations with friends. Snapchat’s in-house innovation studio developed the platform exclusively for the Indian market. MNY Look Studio features four AR makeup styles inspired by Indian fes ...
AppLovin stock tumbles after SEC launches investigation into data collection practices, company faces growing scrutiny amid short-seller reports
The Economic Times· 2025-10-06 21:17
Core Viewpoint - AppLovin Corporation is currently under investigation by the SEC regarding its data collection practices, which has led to a significant drop in its stock price despite a strong performance earlier in the year [2][6]. Company Overview - AppLovin Corporation, founded in 2012 and based in Palo Alto, California, is a mobile technology company that provides developers with tools for marketing, monetization, analysis, and publishing of apps through platforms like MAX, AppDiscovery, and SparkLabs [1]. Stock Performance - Following the SEC investigation news, AppLovin's stock fell by 14% during regular trading and an additional 5% in after-hours trading. However, the stock has increased approximately 80% this year, building on a more than 700% increase in 2024 [2][6]. Technological Advancements - The company's growth has been attributed to advancements in artificial intelligence, which have improved its ad targeting capabilities [3]. Market Position - AppLovin was recently added to the S&P 500 index, replacing MarketAxess Holdings, indicating a strong market position [3]. Regulatory Scrutiny - The SEC's investigation is a response to a whistleblower complaint and multiple short-seller reports, adding to the scrutiny over AppLovin's data collection and advertising practices [2][6].
SNAP DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Snap, Inc. Investors to Contact the Firm Before the October 20th deadline
Globenewswire· 2025-10-06 18:11
Core Viewpoint - A class action lawsuit has been filed against Snap, Inc. for allegedly providing misleading statements regarding its advertising revenue growth, leading to significant losses for investors during the specified class period [8]. Allegation Details - The lawsuit claims that Snap's management made overly positive statements while concealing material adverse facts about the company's advertising revenue growth rate, which dropped from 9% in Q1 to only 1% in April [8]. - Snap's financial results announced on August 5, 2025, revealed a deceleration in advertising revenue growth, attributed to issues with their ad platform and other factors [8]. Stock Price Impact - Following the announcement of disappointing financial results, Snap's stock price fell from $9.39 per share on August 5, 2025, to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in one day [8]. Next Steps for Investors - Investors who purchased Snap shares during the class period and suffered losses are encouraged to contact the law firm Bragar Eagel & Squire for more information and to discuss their legal rights [4][8].
Shareholders that lost money on Snap Inc.(SNAP) should contact The Gross Law Firm about pending Class Action - SNAP
Prnewswire· 2025-10-06 12:45
CLASS PERIOD: April 29, 2025 to August 5, 2025 , /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Snap Inc. (NYSE: SNAP). Shareholders who purchased shares of SNAP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/snap-inc-loss-submission-form-3/?id=170620&from=4 The Gross Law Firm ...
AR you joking? Augmented-reality creators out-earn IIT grads with simple skills.
MINT· 2025-10-05 13:10
A new class of digital creators is out-earning top graduates of the Indian Institutes of Management (IIMs) and Indian Institutes of Technology (IITs) using a relatively basic set of skills. While select IIT graduates bag annual salaries of ₹25-30 lakh from the likes of Nvidia and Intel this year, these digital creators can earn that much every few months – by designing the augmented-reality objects and filters people use while taking pictures or recording videos for Instagram, YouTube and Snapchat. These AR ...
SNAP DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Snap Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SNAP
Globenewswire· 2025-10-04 15:26
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Snap Inc. securities between April 29, 2025, and August 5, 2025, of the upcoming lead plaintiff deadline on October 20, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Snap securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by October 20, 2025 [3]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in this area [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in terms of settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing their capability in recovering funds for clients [4]. Group 3: Case Allegations - The lawsuit alleges that Snap's management misled investors by presenting overly optimistic projections regarding advertising revenue and growth, while downplaying existing execution issues [5]. - It is claimed that when the true situation was revealed, investors suffered damages due to the discrepancies between reported expectations and actual performance [5].
Snap Shareholder Alert: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Snap Inc. - SNAP
Prnewswire· 2025-10-04 02:31
Core Viewpoint - ClaimsFiler informs investors about the deadline of October 20, 2025, to file lead plaintiff applications in a securities class action lawsuit against Snap Inc. for failing to disclose material information during the Class Period from April 29, 2025, to August 5, 2025 [1][3]. Group 1: Lawsuit Details - Snap Inc. and certain executives are accused of violating federal securities laws by not disclosing important information during the Class Period [3]. - On August 5, 2025, Snap announced a slowdown in advertising revenue growth, leading to a significant drop in share price from $9.39 to $7.78, a decline of approximately 17.15% in one day [3]. Group 2: ClaimsFiler Services - ClaimsFiler provides a free service to help retail investors recover funds from securities class action settlements, allowing users to register for access to information and submit claims [4]. - Investors can upload their portfolio transactional data to receive notifications about relevant securities cases and can also submit inquiries for free case evaluations [4].
SNAP LAWSUIT REMINDER: Bragar Eagel & Squire, P.C. Urges Snap, Inc. Investors to Contact the Firm Before October 20th to Inquire About their Rights
Globenewswire· 2025-10-03 16:15
Core Viewpoint - A class action lawsuit has been filed against Snap, Inc. for allegedly providing misleading statements regarding its advertising revenue growth, leading to significant losses for investors during the specified class period [8]. Allegation Details - The lawsuit claims that Snap's management made overly positive statements while concealing material adverse facts about the company's advertising revenue growth rate, which dropped from 9% in Q1 to only 1% in April [8]. - Snap's financial results announced on August 5, 2025, revealed a deceleration in advertising revenue growth, attributed to issues with their ad platform and other factors [8]. Stock Price Impact - Following the announcement of disappointing financial results, Snap's stock price fell from $9.39 per share on August 5, 2025, to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in one day [8]. Next Steps for Investors - Investors who purchased Snap shares during the class period and suffered losses are encouraged to contact the law firm for more information and to discuss their legal rights [4]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is October 20, 2025 [8]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in complex litigation across the United States [5].
Kansas Sues Snapchat for Deceptive Practices
Insurance Journal· 2025-10-03 07:00
Kansas Attorney General Kris Kobach announced that his office filed a lawsuit in Washington County District Court against social media company, Snap, Inc., the creator of the SnapChat platform.The lawsuit alleges that Snap has engaged in deceptive and unconscionable acts that have caused substantial harm to Kansas consumers, particularly teenagers. The suit alleges that Snap falsely represents its Snapchat platform as safe for children, when in reality it is filled with content that is anything but safe. Th ...
Snap (SNAP) Falls 8.2% as OpenAI Launches Short-Form Video Product
Yahoo Finance· 2025-10-02 04:46
We recently published 11 Stocks Failing to Keep up With The Market. Snap Inc. (NYSE:SNAP) is one of the top performers on Tuesday. Shares of Snap Inc. (NYSE:SNAP) declined by 8.21 percent on Tuesday to end at $7.71 apiece as investors soured on an investment firm’s conservative stance for the company, while digesting the impact of OpenAI’s new short-form video app on the company. In a market note, Mizuho Securities gave Snap Inc. (NYSE:SNAP) a “neutral” rating with a price target of $9. The figure repres ...