snap

Fortune Staff

This year’s Fortune 500 marks the 68th running of the list.

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Snap

Chris Morris

Snap CEO Evan Spiegel has seen his net worth drop by nearly $12 billion in the past year

/2022/10/24/snap-ceo-evan-spiegel-fortune-shrinks/

Tristan Bove

Tech stocks could bounce back by next year, but it will be a ‘volatile ride,’ Citi says

/2022/10/06/tech-stocks-rebound-2023-citi-fed-interest-rates-economy/

Kylie Robison

They watched their friends get laid off, then their workload doubled. Meet Silicon Valley’s rattled layoff ‘survivors’

/2022/09/30/what-its-like-for-tech-employees-who-survive-layoffs-at-company/

Alphabet, Meta and Snap have a shared threat unlike any they’ve faced before. Why TikTok is keeping the world’s most powerful CEOs up at night

/2022/09/13/silicon-valley-having-panic-attack-about-tiktok/

 Welcome to Fortune Tech Debate where we debate the issues of the day in two minutes. Today we're discussing Snapchat, whose next strategy is getting into original video programming. Lisa Marie, is this enough to save the company? Whose stock, by the way, is trading at near all time lows. Yeah. You know, I think it is. I think it's a really new and fresh idea. And it's a new way for its users to engage on the platform. It's going to be really exciting to see how it works. I totally disagree. I think this is going to be ruinous for Snapchat. You know, the company has totally mucked up its strategy over the past few months, starting with its redesign, you know, that Evan Spiegel, the CEO, is pushing. It was a total disaster. And, you know, look at some of the other stuff they've tried to do, releasing hardware, like spectacles where you can film your friends with goofy sunglasses. It's been an abject failure. And I think this is going to be the same thing. Yeah. Well, you know, that kind of just proves Snap is willing to try new things, which is really exciting. And you know, yeah, the redesign didn't work. So they started rolling it back a little bit. And you know, spectacles didn't take off. So they're moving on to something else. Isn't that what you want in a company? Innovation? Yeah, you definitely want innovation. But I mean, if you look at a company like Facebook's Instagram, Instagram has totally eaten Snapchat's lunch. You know, they moved in, copied Snapchat's feature. And now stories has more than doubled the daily active users that Snapchat does. And you know, that's something that Snapchat was-- that was it's like reason to be. That was its reason for existing, that kind of like short video clip thing. Now Snapchat's going to try and get into the game that Netflix and Hulu are playing in? You know, Netflix deploys $8 billion a year on original content. I really just don't see this working out. You know, it's interesting you mentioned Instagram. Since its founders just left, Facebook and Instagram aren't doing so great leadership wise. And you know, I don't know if Snap is really trying to be Instagram at this point. I think that they know their niche. They know that they're going after this gen z market. And they're doing what works for their audience. And I mean, in terms of Netflix, this isn't a Netflix thing. The videos, or episodes, they're going to be about five minutes long. It's vertical. Very different. They're trying their own thing. Well, if you're going to be an advertising business, you need scale. And I don't see them getting scale. Anyway, time is up. Come to fortune.com for more tech debate. 

Snapchat Originals Will Not Save the Company's Failing Stock

Finance

The social media platform can't compete with titans like Netflix or Hulu.

Welcome to Fortune Activate were we debate the issues of the day in two minutes. Today we're discussing Snapshot. Who's next strategy is getting into original video programming. We three. Is this enough to save the company Whose stock, by the way, is trading at near all time lows? Yeah, you know, I think it is. I think it's a really new and fresh idea, and it's a new way for two users to engage on the platform. It's going to be really exciting to see how it works. I totally disagree. I think this is gonna be ruinous for Snapchat. Uh, you know, the company has totally mucked up its strategy over the past few months, starting with its redesigned. You know that Evan Spiegel, the CEO, is pushing. It was a total disaster. Andi, you know, look at some of the other stuff they tried to do, releasing hardware like spectacles where you can film your friends with goofy sunglasses. It's been an abject failure, and I think this is gonna be the same thing. Yeah, well, you know, that kind of just proof snap is willing to try new things, which is really exciting. And, you know, yet the redesign didn't work, so they started rolling it back a little bit. And, you know, spectacles didn't take off. So they're moving out. There's something else. Isn't that what you want in a company? Innovation? Yeah, You definitely want innovation. But, I mean, if you look at a company like in Facebook's into Instagram Instagram has totally eaten Snapchats lunch. You know, they moved in copy Snapchats feature. And now stories has more than doubled the daily active users that Snapchat uh and you know, that's something that snapshot was that was It's like reason to be That was reason for existing, that kind of like short video clip thing. Now Snapchat's gonna try and get into the game that Netflix and who are playing in Netflix, please. $8 billion a year on original content. I really just don't see this working out. You know, it's interesting you mention Instagram founders just left. Facebook and Instagram aren't doing so great leadership wise, and, you know, I don't know if it snap is really trying to be instagram at this point. I think that they know their niche. They know that they're going after this Gen Z market and they're doing what works for their audience. And, I mean, in terms of Netflix, this isn't a Netflix thing. The videos Aaron episodes are going to be about five minutes long. It's a vertical, very different. They're trying their own thing. Well, if we're gonna be in advertising business, you need scale, and I don't see them getting anyway. Time is up. Come to fortune dot com for more attractive, mate.

 Welcome to Fortune Tech Debate, where we debate the issues of the day in two minutes. Today, we're discussing major product redesigns from Google's Gmail and from Snapchat. Lisa Marie, what's changing with these products. And are people going to find these attractive and useful? Well, they're getting a total redesign. They're also getting some new security features that will really help people make sure that their emails on the right place. You'll also get some practical things in terms of deciding when you can actually deal with an email or helpful reminders if you need to respond to an email. I think people will really like it. It adds a lot of functionality to Gmail. I got to say, I think some of these features are a long time coming. A lot of other email clients have used some of these features before like the snooze feature. And another criticism that I might have or at least a concern or a worry is that it might lull people into a false sense of security about their email conversations. For instance, there's a confidential mode and it doesn't end-to-end encrypt your conversations with other people, so that might be confusing to an end-user. And also, the confidential mode, people can't copy you or print or download your conversation but they can still take a screenshot with their phone. But let's talk about Snapchat. Snapchat has undergone a redesign a few months ago, and that was subject to some criticism. What happened? Yeah, it was subject to a lot of criticism and they essentially moved your friends' stories away from influencers and companies in that discover section. A lot of celebrities spoke out against this, like Kylie Jenner, and a lot of people hated it. They really, really hated it. Now, it seems like they're walking back and trying to fix some of their errors. Yeah, so now they're saying that they're going to have some more of your friends' stuff in that discover page along with those influencers and companies that they tried to remove them from. So they're walking it back a little bit but not quite bringing them together again. Is this going to be enough to get people back on the platform? I know, I personally have stopped using Snapchat as much. I've been very confused every time I open the app recently. It might help but it's still not exactly what the people want, so I don't know if it will. Keep trying, Snapchat. Keep trying. Well, anyway, that's all we have time for. Come fortune.com for more tech debate. 

Snapchat's Redesign Is Still Not What the People Want

Design

Gmail and Snapchat are getting major platform redesigns.

welcome the fortune tech debate were. We debate the issues of the day in two minutes. Today we're discussing major product redesigns from Google's Gmail and from Snapshot, Lisa Marie. What's changing with these products? And are people going to find these attractive, useful? Well, they're getting a total redesign. They are also getting some new security features that will really help people make sure that their email fall in the right place. You'll also get some practical things in terms of deciding when you can actually deal with an email or helpful reminders. If you need to respond to an email, I think people really like it has a lot of functionality. The email, You know, I gotta say I think some of these features are a long time coming. You know, a lot of other e mail clients have used some of these features before, like this news feature andan other criticism that I might have, or at least a concern, or worry that it might little people into a false sense of security about their email conversations. You know, for instance, there's the confidential mode on DDE. It doesn't end to end encryption conversations with other people so that might be confusing to an end user on Also, you know, the confidential mode. People can't copy your print or download your conversation, but they can still take a screenshot with their phone. But let's talk about snapshot. Snapshot has undergone a redesign a few months ago, and that was subject to some criticism. What happened? Yeah, subject to a lot of criticism, and they essentially moved to your friends stories away from influences and companies in that discover section, a lot of celebrities spoke out against this, like, kinda Jenner and a lot of people hated it. They really, really hated it. Now it seems like they're walking back and trying to fix some of their errors. Yeah, so now they're saying that they're going to have some more of your friends stuff in that discover page along with the influencers and cos they tried to remove them from, so they're walking it back a little bit, but not quite bringing them together again. This is gonna be enough to get people back on the platform. I know. I personally have stopped using much. I've been very confused every time I open the APP. Recently, it might help, but it's still not exactly what the people want, so I don't know if it will keep trying right. Well, anyway, that's all we have time for. Come to fortune dot com for more tech debate.

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These Companies Didn’t Exist 10 Years Ago

Tech

You can’t remember life without them, right?

As we close out the decade, now you can’t remember life without them, right?

Dropbox Finally Goes Public

It’s the first tech unicorn to IPO since Snap in March 2017.

Snap

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