Snapchat turns to Lenses to capture advertising revenue
00:41, Feb 3, 2017
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The ephemeral mobile storytelling app is going public, a move that will raise $3 billion and open up the books of the secretive company. That offering, in 2014, raised nearly $22 billion.
Snap is said to be working on a collection of "smarter lenses" that would let users overlay virtual images and objects onto landscapes in the real world, "not just faces", and let them interact with the virtual objects similar to augmented reality (via The Information). According to Nielsen data cited by the companies, Snapchat reaches 41% of all adults ages 18-34 in the US on an average day, while the global audience for Snapchat Discover tops 150 million daily.
"We believe that reinventing the camera represents our greatest opportunity to improve the way that people live and communicate", the company said in its filing.
Snap Inc.'s revenue has grown at a much steeper rate than its flagship app's daily user base.
Terms of the deal were not set because this is the initial filing. Class B shareholders have one vote per share and Class C shareholders have 10 votes per share.
Looking ahead, eMarketer projects that Snapchat will generate $935.5 million in worldwide ad revenue this year, an increase of 155% over last year.
Adding, "We can not predict whether this structure and the concentrated control it affords [CEO Evan] Spiegel and [co-founder and CTO Robert] Murphy will result in a lower trading price or greater fluctuations in the trading price of our Class A common stock as compared to the trading price if the Class A common stock had voting rights".
It suggests that for long term benefit, real estate should be brought under GST so that tax revenues from this sector increases. The survey said government pay rises and muted tax receipts could put pressure on the fiscal deficit in the coming fiscal year.
Riva portrays Anne Laurent, a retired piano teacher who suffers a series of strokes that summarily rob her of herself. She will appear on the big screen in Paris Pieds Nus (Paris Barefoot), released in March.
Her confirmation hearing showed that she simply has no knowledge of the complex inner workings of our education system. In Florida, almost 60 percent of children in public schools qualify for either free- or reduced-price lunch programs.
As Israeli forces gathered around the outpost the settlers were seen moving furniture to block the entry to the local synagogue. The settlements are considered by most countries to be a major obstacle to a peace agreement with the Palestinians.
While his address was focused on farmers, PM Modi did not lose the chance to take the jibes on Aam Aadmi Party (AAP) and Congress. SAD president Sukhbir Badal called Punjab Congress chief Capt Amarinder Singh a hankari (arrogant) raja.
Sane threatened with a header that flew wide, and Aguero drew an excellent save from Lloris after a great cross from De Bruyne. Jesus is nearly the saviour as he turns in a cross-cum-shot at the back post but it's ruled out for offside.
After more than a decade of downsizing, Delta Air Lines is growing at Cincinnati/Northern Kentucky International Airport. The San Diego flight, beginning May 16, will be Tuesday, Thursday and Sunday on a 80-seat A320 aircraft.
Chief among Pai's targets will be the net neutrality online traffic rules the FCC adopted on a partisan 3-2 vote in 2015. That means Trump effectively gets to test out Pai for a bit before deciding whether to keep him around for much longer.
In spite of general party unity, some Republican senators cast their vote to move DeVos forward with stated apprehension. In rural areas, options like charter schools and vouchers are typically not available to students, Murkowski noted.
Canada's WestJet Airlines said it turned back a passenger bound for the U.S. on Saturday in order to comply with the order. In Washington, agencies charged with handling immigration and refugee issues grappled with how to interpret the measure.
Capcom has successfully reinvented Resident Evil in the past, the most notable deviation being the brilliant Resident Evil 4. Per the reviews, you can expect to get lost and stuck in a puzzle while fearing for your dear life.
Insane Reason Man Jumped Into Tiger Enclosure Revealed
A series of loud explosive bangs can then be heard and the two tigers run off, while the first tiger continues to bite the man. The man was attacked by the tiger after he scaled the wall to avoid paying for a ticket, local tourism authorities said .
Tickets Expensive as Pro Bowl Returns to Mainland
The NFC's team of Thomas Davis, Gerald McCoy, Jason Kelce and Ezekiel Elliott then stepped in and beat them with 28.7 seconds. The fourth event was the Precision Passing competition, which required quarterbacks to hit multiple moving targets.
Media blackout spawns rogue Twitter accounts
But if legit, they show the displeasure many government employees across a wide range of agencies about Trump's censorship . The account introduced itself with defiant messages: "Mr Trump, you may have taken us down officially".
UKIP leader Nuttall to fight Stoke by-election
Hunt, he said it was hard for those "born down South with a wealth of connections" to connect with the constituency. Stoke-on-Trent recorded one of the highest votes for leaving the European Union in last year's referendum.
Nintendo Switch Will Sell 40 Million Units in Four Years
It forms the most important launch title for the Nintendo Switch , but on the same day the Wii U version will be released. That game will be the last one Nintendo will ever release for the Wii U , capping the console with a wonderful coda.
Tesla Just Rolled Out its Autopilot Update to All HW2 Cars
Forward collision warning (FCW): A system that warns the driver of an imminent frontal collision with audible and visual warnings. It was a major victory for Tesla, and one that saved the company from having to issue a massive recall on the systems.
Adele to perform at Grammys 2017
Hopefully, this time around, Adele will not have to go through a similar problem. She already has 10 Grammys on her trophy shelf. Adele has ten Grammy awards to her name.
Facebook CEO responds to flap over Kauai land suits
It is a highly sensitive situation, not to mention complicated, though not everyone involved is against what Zuckerberg is doing. He continued: 'For most of these folks, they will now receive money for something they never even knew they had.