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Snap Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before October 20, 2025 to Discuss Your Rights - SNAP
Prnewswire· 2025-08-26 12:45
Core Viewpoint - A class action securities lawsuit has been filed against Snap Inc. due to alleged securities fraud that negatively impacted investors between April 29, 2025, and August 5, 2025 [1] Group 1: Lawsuit Details - The lawsuit aims to recover losses for Snap investors who were affected by misleading statements regarding the company's advertising revenue growth rate, which fell from 9% in Q1 to only 1% in April 2025 [1] - Snap's financial results for Q2 2025 revealed a deceleration in advertising revenue growth, attributed to issues with their ad platform, the timing of Ramadan, and minor changes [1] - Following the announcement of the financial results, Snap's stock price dropped 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 [1] Group 2: Investor Participation - Investors who suffered losses during the relevant period have until October 20, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [2] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [2] Group 3: Law Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [3]
Trump Media, Crypto.com Announce Strategic Partnership
Globenewswire· 2025-08-26 12:38
Core Viewpoint - Trump Media and Crypto.com have formed a strategic partnership to integrate the Cronos (CRO) cryptocurrency into Trump Media's platforms, enhancing user engagement through a rewards system and digital wallet infrastructure [2][4][5]. Group 1: Partnership Details - Trump Media will implement a rewards system on its Truth Social and Truth+ platforms utilizing Crypto.com's digital wallet and adopting CRO as a utility token [2][5]. - The partnership includes Trump Media purchasing approximately $105 million in CRO, representing about 2% of the total CRO market cap at the time of the announcement [5]. - Crypto.com will also invest $50 million in Trump Media's common stock, both transactions subject to a lockup period [5]. Group 2: Technology and Infrastructure - Cronos is described as a high-performance, interoperable blockchain that supports low-cost, high-speed smart contract deployment, facilitating the adoption of decentralized applications [3]. - The integration of CRO aims to provide users with the ability to convert earned gems into CRO and other benefits, enhancing the overall user experience on Trump Media's platforms [5]. Group 3: Strategic Goals - Trump Media's CEO emphasized the goal of making CRO the preferred utility token globally, positioning the company as an early adopter of this digital network [4]. - The partnership is seen as a significant step towards creating a digital asset treasury company focused on acquiring CRO, following the establishment of Trump Media Group CRO Strategy, Inc. [7].
Meta used National PTA to promote child safety efforts, report finds
CNBC· 2025-08-26 12:00
Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company's headquarters in Menlo Park, California, on Sept. 25, 2024.Since losing her 15-year-old son Riley to suicide following a sextortion scheme through Meta's Messenger app, Mary Rodee has worked with advocacy groups to push for stronger protections for children online. "I hold them solely responsible," Rodee said about Meta in an interview with CNBC. "They have a responsibility for the safety of their users."Rode ...
落马副行长出狱当网红,一周涨粉2万,抖音采取措施
Xin Lang Cai Jing· 2025-08-26 09:40
智通财经 综合报道 近日,一名自称民生银行某支行前副行长的男子肖某开通社交账号,通过讲述入狱前经历受到网友关 注。 该视频账号自8月19日上传第一条视频,一周时间收获粉丝量2.2万。 8月26日,@抖音黑板报 发文:"经核查,报道所示账号发布内容涉及以犯罪经历博眼球,违反《抖音 社区自律公约》,已处置禁言。" 26日,记者查询肖某账号发现,平台已对其封号并下架视频。 39923330588 抖音号: 39923330588 □ 3.8万 获赞 0 关注 2.2万 粉丝 作品 暂无作品 他发布的作品会展示在这里 裁判文书网显示,肖某生于1983年,大学毕业后到民生银行北京分行航天桥支行工作,历任客户经理、 理财部门经理、见习行长助理等职务,2014年底起担任负责个人理财等业务的副行长。 公诉书显示,肖某当年入狱是因涉案时任民生银行北京分行航天桥支行行长张某,以高息为诱饵,诱骗 被害人签订虚假的理财产品购买或转让协议,并将钱款转入其控制的个人银行账户,骗取147名被害人 共计人民币27.46亿余元。 最终,二审法院认定肖某犯吸收客户资金不入账罪,判处有期徒刑九年,并处罚金人民币九万元。 (综合自@观察者网、@抖音 ...
1 No-Brainer AI Stock to Buy Right Now
The Motley Fool· 2025-08-26 08:35
Forget Nvidia: This tech stock has the scale, data, and cash to turn today's AI spend into years of compounding value -- and shares look attractively priced.Meta Platforms (META -0.15%) is one of my top picks for investors seeking exposure to artificial intelligence (AI) without chasing speculation. The company already embeds AI in safety, ads, and even the user experience across Facebook, Instagram, WhatsApp, and Messenger. But there's another Meta app that has largely gone under the radar (for now) -- and ...
Meta、TikTok的广告流量价格正在集体暴涨
Sou Hu Cai Jing· 2025-08-26 03:42
文/刀客doc 流量越来越贵了,但贵得不无道理。 如果你是一个经常在做北美投放的出海商家,应该已经感受到,过去两年里"便宜的社交广告"正在迅速消失。8月份,eMarketer出了一份 《2025年美国社交广告CPM预测》,让这种感受有了量化的注脚。 预测显示,2025年美国主流社交平台的流量价格都上涨,而且是一次全面的、系统性的调整。 到2025年第四季度,Meta旗下的Instagram成为首个CPM突破10美元的社交平台,正式坐上高价王座。而TikTok的广告价格更是一路狂飙,从 年初的7.12美元涨至年末的9.86美元,单年涨幅高达38.5%,涨势在主流平台中尤为激进。Pinterest同步进入高位区间,保持两位数增幅; Snapchat虽仍处在价格洼地,但也在缓慢爬升中。 | Q4 2022 | Q4 2023 | Q4 2024 | Q4 2025 | | --- | --- | --- | --- | | Instagram _ TikTok = Facebook = Pinterest = Snapchat | | | | 从"出多少展示"转向"触达多少真实意图"。平台不再鼓励盲目曝光,而是通过 ...
Shareholders of Snap Inc. Should Contact Levi & Korsinsky Before October 20, 2025 to Discuss Your Rights – SNAP
GlobeNewswire News Room· 2025-08-25 21:26
Core Viewpoint - A class action securities lawsuit has been filed against Snap Inc. due to alleged securities fraud that negatively impacted investors between April 29, 2025, and August 5, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Snap provided overly positive statements while concealing material adverse facts about its advertising revenue growth rate, which dropped from 9% in Q1 to only 1% in April 2025 [2] - Following the announcement of its Q2 2025 financial results on August 5, 2025, Snap disclosed a slowdown in advertising revenue growth, attributing it to issues with its ad platform and other factors [2] - 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 [2] Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until October 20, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]
Musk companies sue Apple, OpenAI alleging anticompetitive scheme
CNBC· 2025-08-25 15:10
Core Viewpoint - Elon Musk's companies, xAI and X, have filed a lawsuit against Apple and OpenAI, alleging an anticompetitive scheme to suppress AI competitors and maintain monopolies in the smartphone and generative AI markets [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Apple and OpenAI have "colluded" to hinder competition in the smartphone and generative AI sectors [1]. - It specifically accuses Apple of deprioritizing "super apps" and generative AI chatbot competitors, including xAI's Grok, in its App Store rankings [2]. - The complaint warns that without court intervention, the defendants will continue their unlawful conduct, negatively impacting competitors like xAI [2].
The Gross Law Firm Notifies Shareholders of Snap Inc.(SNAP) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-08-25 12:45
NEW YORK, Aug. 25, 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=163030&from=4 CLASS PERIOD: April 29, 2025 to August 5, 2025A ...
Billionaire David Tepper Piled Into Nvidia, TSMC, and Intel, and Sold Shares of the No. 1 Artificial Intelligence (AI) Stock Among Billionaire Fund Managers
The Motley Fool· 2025-08-25 07:51
Appaloosa's billionaire investor went on an AI hardware buying spree during the second quarter, while simultaneously sending shares of money managers' favorite AI stock to the chopping block.For three years, the evolution of artificial intelligence (AI) hardware and software solutions has dominated the newswires on Wall Street -- and with good reason. Based on one estimate from the analysts at PwC, AI can lift global gross domestic product by $15.7 trillion in 2030. This is a big enough pie where a long lis ...