9.08 +0.03 (0.33%)
Pre-market: 8:38AM EDT
|Bid||9.07 x 800|
|Ask||9.08 x 4000|
|Day's range||9.03 - 9.42|
|52-week range||8.67 - 21.22|
|PE ratio (TTM)||N/A|
|Earnings date||5 Nov 2018 - 9 Nov 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||11.44|
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Amazon (AMZN) has partnered with Snap (SNAP) in a program to send shoppers to Amazon’s retail platform. Snap is the parent of photo-sharing app Snapchat. The program introduces visual searches on Snapchat, whereby Snapchat users simply capture the image of a physical item using their smartphone camera to look it up on Amazon.
Just as Google warns employees against bringing personal politics to work, Facebook (FB) is ending the program that has long seen it send its staff to help political campaigns in areas such as online advertising.
Facebook (FB) has begun rolling out its online dating service to the public, first in the South American country of Colombia. One of the reasons Facebook chose Colombia for the first public launch of the service is that people in the country have been fans of using the Internet to find soul mates, according to Nathan Sharp, the Facebook executive in charge of the dating product.
Instagram co-founders, Kevin Systrom and Mike Krieger are leaving Facebook (FB), which acquired the photo sharing app for $715 million in 2012.
Pandora (P) has entered an agreement to sell itself to Sirius XM Holdings (SIRI) in an all-cash deal expected to close by April next year. Under the deal, Pandora shareholders will receive 1.44 newly issued Sirius XM shares for every Pandora share they hold. Since the deal values Pandora at $10.14 per share, Pandora shareholders are promised a premium of 12% based on Pandora’s closing price on the trading day before the deal was announced.
Shares of Snap Inc. rose more than 3 percent at the open Tuesday after reports that Instagram’s founders are leaving Facebook amid growing tensions. Snap has been struggling in a mobile-advertising market dominated by Facebook and Alphabet Inc.’s Google. Meanwhile, Instagram’s growth has been a bright spot for Facebook, especially in the wake of scandals over data privacy, fake news and election interference.
One of Snap’s longest-serving executives, communications chief Mary Ritti, is planning to leave Snapchat’s parent company at the end the year. Her departure will become the latest in a long list of key ...
Tuesday, September 25: Boeing wins $2.4 billion US Air Force helicopter contract; Snap partners with Amazon for product search; Instagram founders leave Facebook. Yahoo Finance’s Dan Roberts serves up the news.