It's an absolutely perfect day on the Venice boardwalk. I mean, I don't think it could be more beautiful. We're here to interview Evan Spiegel, the CEO of Snap.So, good to see you. >> Welcome to Venice, California. >> So, do you think Silicon Valley is overrated.>> I wouldn't say it's overrated, but uh the beach is pretty nice, too. >> How does AI change AR. >> AR is the interface for AI. And the reason why we think AR is such a powerful interface is because it brings AI into the world with you.>> What do w ...

GARDNER, Mass., Nov. 07, 2025 (GLOBE NEWSWIRE) -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense/aerospace industries, today announced the receipt of a product development order to build sub-assemblies that will support an advanced augmented reality (AR) system for US Air Force fighter pilot training, powered by POC’s next-generation optical sub-assembly design and manufacturing technologies. The program aims ...

Vancouver, British Columbia--(Newsfile Corp. - November 7, 2025) - ImagineAR Inc. (CSE: IP) (OTCQB: IPNFF) ("ImagineAR" or the "Company") an augmented Reality company that enables sports teams, brands and businesses to instantly create their own mobile phone immersive AR campaigns, is pleased to announce a non-brokered private placement financing (the "Offering") of up to 23,333,333 Units (the "Units), at a price of $0.03 per Unit for gross proceeds of up to $700,000.Each Unit will be comprised of one (1) ...

So good to see you. Welcome to Venice, California. Thank you. Great to see you.I mean, you brought the sunshine, I think you brought the sunshine. It's nice. It's so beautiful.Beautiful day out here. I'm in sunny LA surrounded by sand surf and skateboarders. It may be far from the mega campuses of Silicon Valley, but it's where Evan Spiegel, the co-founder and CEO of Snap feels most at home.10 million people walk the boardwalk every single year. And I think for us, that was so special because all these peop ...

Key Takeaways RDDT's Q3 ad revenue jumped 74% to $549M, driven by higher advertiser count and deeper investments. SNAP's ad revenue rose 5% to $1.32B, fueled by Direct Response growth and strong AR engagement. RDDT's 2025 earnings estimate rose 25.6%, while SNAP's fell amid weaker brand ad demand and competition. Reddit (RDDT) and Snap (SNAP) are leading social media platforms that monetize user engagement through digital advertising. While RDDT is an emerging social media platform, gaining traction with co ...

Third Quarter 2025 EARNINGS PRESENTATION November 6 | 2025 FORWARD LOOKING STATEMENTS & OTHER INFORMATION This document contains forward-looking statements. within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company's representatives may also make forward-looking statements orally or in writing from time to time. Statements in this document that are not historical fac ...

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Financial Data and Key Metrics Changes - Total revenue increased by 10% year over year to $1,510,000,000 driven by improved advertising demand and expansion of direct revenue streams [6][35] - Advertising revenue reached $1,320,000,000, up 5% year over year, with direct response advertising revenue increasing by 8% year over year and 13% quarter over quarter [6][35] - Net loss reduced by more than 30% year over year to $104,000,000, reflecting progress towards sustained profitability [7][42] - Adjusted EBITDA was $182,000,000, an improvement of $50,000,000 compared to the prior year, with adjusted EBITDA margins expanding to 12% [7][42] - Free cash flow was $93,000,000 in Q3, contributing to a trailing twelve-month free cash flow of $414,000,000 [7][42] Business Line Data and Key Metrics Changes - Other revenue, including Snapchat Plus subscription revenue, increased by 54% year over year to $190,000,000 [6][35] - The SMB advertising business grew at a rate of more than 25% in Q3, while the large client solutions business posted a modest decline [36][75] - Global impression volume grew approximately 22% year over year, with total eCPMs down approximately 13% year over year due to increased inventory from sponsored snaps [39][40] Market Data and Key Metrics Changes - Advertising revenue growth in Europe accelerated to 12% year over year, while the Rest of World segment grew by 13% year over year [36][74] - North America advertising revenue growth lagged at 1% year over year, with the large client solutions segment accounting for approximately 43% of total global revenue [36][37] Company Strategy and Development Direction - The company aims to reach 1,000,000,000 monthly active users globally, focusing on improving average revenue per user through monetization of core products [17][32] - Investments in augmented reality and AI are prioritized, with new features and tools being introduced to enhance user experience and engagement [6][18][24] - The company is recalibrating investments in community growth and cost structures to improve financial efficiency [14][64] Management's Comments on Operating Environment and Future Outlook - Management anticipates potential declines in daily active users in Q4 due to internal and external factors, including regulatory changes and age verification implementations [17][64] - The company remains committed to long-term growth despite short-term engagement headwinds, focusing on monetization efficiency and compliance with evolving regulations [16][64] Other Important Information - The partnership with Perplexity AI is expected to enhance personalization and drive additional subscribers, with monetization from this partnership anticipated to begin in 2026 [34][51] - The company has authorized a new share repurchase program of $500,000,000 to manage share count for long-term shareholders [46] Q&A Session Summary Question: On the Perplexity partnership, is the cash stock split already determined? - Management expressed excitement about the Perplexity partnership, noting that monetization will not begin until the integration rolls out, likely in early 2026 [51][52] Question: How do you see Snap's role evolving as a distribution channel? - Management highlighted the opportunity to open up the chat interface to more AI agents and conversational commerce experiences, indicating a focus on enhancing distribution for advertisers [60][61] Question: Can you provide an update on direct response advertising growth? - Direct response revenue was up 8% year over year, with strong performance in pixel purchase demand and app optimizations, particularly in Europe and the Rest of World [72][74] Question: What is the conviction level on keeping infrastructure costs flat next year? - Management indicated a focus on improving capacity utilization and efficiency in infrastructure costs, aiming to maintain flat costs into 2026 [80][81] Question: Any updates on Spectacles and potential financial partners? - Management confirmed ongoing preparations for the public release of Spectacles, leveraging existing software and developer tools to enhance technical leadership in the AR space [85]

RT Bloomberg New Economy (@BBGNewEconomy)AI, AR, quantum computing, autonomous driving & blockchain are rewriting the rules — from trading floors to battlefields.Has the future ever felt more unpredictable?Follow the #BloombergNewEconomy Forum, Nov 19–21 in Singapore.https://t.co/Ed2uAXB1DN https://t.co/63N5Jmrn72 ...

Core Points - Vuzix Corporation will host a conference call to discuss its third quarter 2025 operating results on November 13, 2025, at 4:30 PM ET [1] - The call will feature Vuzix's CEO Paul Travers and CFO Grant Russell, who will provide operational and financial highlights for the quarter ending September 30, 2025 [3] - A live and archived webcast of the conference call will be available on the company's investor relations page [3] Company Overview - Vuzix is a leading designer, manufacturer, and marketer of AI-powered smart glasses, waveguides, and augmented reality technologies for various markets including enterprise, medical, defense, and consumer [5] - The company holds over 450 patents and has received numerous awards for innovation, including recognition at the Consumer Electronics Show from 2005 to 2024 [5] - Vuzix was founded in 1997 and is publicly traded on NASDAQ under the ticker VUZI, with offices in Rochester, NY, and Japan [5]