Latest Snap Inc. News & Updates

See the latest news and media coverage for Snap. We track all announcements, press releases, and industry mentions in real time, all in one place.

Snap Inc. (Snap)

Camera-focused social media and augmented reality company

snap.com

Headquarters: Santa Monica, United States
Founded year: 2011
Company type: Public company
Number of employees: 8,000–10,000

Last updated Today

Latest news about Snap Inc. (Snap)

In short: Snap Inc. launched its $2,195 Specs AR glasses, cut 16% of its workforce to focus on AI, and reported a 12% revenue increase to $1.5 billion.

Company announcements

June 16 Snap

Snap introduces SPECS augmented reality glasses

The glasses feature AI, a 51-degree field of view, and up to four hours of battery life, with pre-orders starting at $2,195.

June 10 Snap

Snap introduces friends-only sharing for Snapchatters under 16

Younger teens can create and showcase Stories and Spotlight videos on a profile visible only to friends, enhancing privacy.

June 3 Snap

Snap receives credit rating upgrade from S&P Global Ratings

The upgrade to BB- reflects improved financial performance and outlook.

May 6 Snap

Snap announces Q1 2026 financial results

Revenue rises 12% to $1,529 million. Net loss narrows to $89 million. DAU grows to 483 million. Adjusted EBITDA reaches $233 million.

Media coverage

Yesterday TechCrunch

The running list: major tech layoffs in 2026 where employers cited AI

A running look — in reverse chronological order — at the bigger tech companies that have announced significant layoffs this year with AI as a stated factor.

June 22 Reuters

US House panel reaches bipartisan youth social media deal

The legislation requires platforms to provide safeguards and tools for children, but omits a duty of care provision.

June 19 MSN

Can Snap stock benefit from its bet on augmented reality glasses?

Shares of Snap Inc. have been under pressure after the company's latest push into augmented reality, raising questions about whether its long-term investment in wearable...

June 18 PYMNTS.com

Can Snap Survive the Wearable Graveyard Google Built? | PYMNTS.com

On Tuesday (June 16), Snap unveiled its SPECS augmented reality (AR) glasses, priced at over $2,100. Snap Inc.’s share price dropped 5% after the launch...

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