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evan spiegel

Snap CEO Says Snapchat’s $1M a Day Spotlight Fund Led to Too Much “Copycat Content”

Snap CEO Evan Spiegel said the company needed to make changes to its Spotlight fund after too many creators were copying one another in an attempt to cash in on the incentive program. “There…

Snap Reaches 293M Users, Revenue Sharply Increases

Snap, the parent company of Snapchat, on Thursday reported a 116 percent increase in revenue in its second quarter and a 23 percent increase in daily active users. The company made $982 million…

Snapchat Says It Paid $130 Million to Spotlight Creators Since November

Snapchat, led by CEO Evan Spiegel, describes itself as a “camera company,” with lenses, augmented reality features and even physical “Spectacles” that blur the line between the digital world and…