Tag: Twitter

Snapchat parent rockets higher in Wall Street debut

NEW YORK (AP) — The company behind Snapchat closed on a high note in its Wall Street debut, proof, at least for a day, that there’s investor demand for young but still unproven tech companies. Shares of Snap Inc. jumped $7.58, or 44 percent, to close at $24.48 on Thursday. The company had priced its initial public offering of 200 million shares at $17 each on Wednesday. That was above the expected range of $14 to $16. Snap’s IPO was one of the most anticipated for a technology company since Twitter’s in 2013. That, in turn, had created the...

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Snapchat parent passes big test: IPO above expectation

BY BARBARA ORTUTAY AND MICHAEL LIEDTKE – AP TECHNOLOGY WRITERS NEW YORK (AP) — Snapchat parent Snap Inc. started its official bid to go public last Halloween. Now investors get to learn whether they’re in for a trick or a treat. Snap passed its first major test on Wall Street on Wednesday, when the company priced its initial public offering of 200 million non-voting shares at $17 each. That’s above the expected range of $14 to $16. Snap is expected to start trading on the New York Stock Exchange on Thursday under the symbol "SNAP." Snap’s IPO is one...

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Do football fans prefer Chicken wings or pizza? Adobe discusses Super Bowl insights

NEW YORK (AP) — Adobe mined its data on mobile ads, social sentiment and consumer purchasing to see what trends are bubbling up ahead of Sunday’s Super Bowl pitting the Atlanta Falcons against the New England Patriots. Among the findings: exciting matchups engage fans more, and chicken wings are favored over pizza. Becky Tasker, managing analyst for Adobe, discussed the findings with The Associated Press recently. Questions and answers have been edited for clarity and length. — Q: Your data found that people watch fewer mobile ads in their entirety during bigger games like the Super Bowl, and even...

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Lady Gaga follows up Super Bowl show with tour announcement

HOUSTON (AP) — Fresh off a high-wire, crowd-pleasing halftime performance at the Super Bowl, Lady Gaga has announced plans for a world tour kicking off this summer. Gaga posted news of the tour on Twitter late Sunday night. The 48-date tour includes stops in North America, Europe and Brazil. Several of her U.S. dates include performances at baseball stadiums, including Chicago’s Wrigley Field and Boston’s Fenway Park. The tour begins on Aug. 1 in Vancouver and wraps up on Dec. 14 in Salt Lake City. Recommended: No...

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Snapchat files for IPO

NEW YORK (AP) — The company behind Snapchat, a teen-oriented social network famous for its quickly disappearing messages, has filed for what could be one of the largest tech IPOs in years. Snap Inc. said Thursday that it’s seeking up to $3 billion in an initial public offering, a figure that could shift based on investor demand. That demand will help determine the price per share sought by Snap in the upcoming weeks. Snapchat has millions of users, and Snap has built a thriving ad business on it. But the company has also made a lot of money –...

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Trump speaks with Bach to express support for LA Olympic bid

President-elect Donald Trump has spoken by phone with the head of the International Olympic Committee to voice his support for Los Angeles’ bid to host the 2024 Games. The Los Angeles bid committee says on Twitter that Trump spoke with IOC President Thomas Bach "to express his strong support" for the Olympics and for the city’s "plans to host a great Games." Los Angeles, which is competing against Paris and Budapest, Hungary, is seeking to bring the Summer Olympics back to the U.S. for the first time since Atlanta hosted the 1996 Games. The IOC will select the host...

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Twitter suspends several alt-right accounts

NEW YORK (AP) — Twitter has suspended the accounts of several prominent members of the so-called "alt-right" in an apparent crack down on accounts tied to hate speech or threats of violence. Twitter declined comment, but noted that its policies forbid violent threats, hate speech or harassment and promise to take action against violators. The company also announced Tuesday that it was expanding ways for users to report harassment and curb the amount of abuse they see, a reaction to a growing problem of abuse, bullying and harassment on the internet. The alt-right, short for "alternative right," is a...

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Twitter gets a mute button to curve online harassment

NEW YORK (AP) — Twitter, long criticized as a hotbed for online harassment, is expanding ways to curb the amount of abuse users see and making it easier to report such conduct. Twitter said Tuesday that it is expanding a "mute" function that lets people mute accounts they don’t want to see tweets from. Now, users will be able to mute keywords, phrases and conversations they don’t want to get notifications about. Users who decide to mute things won’t see them. The words, phrases and conversations will continue to exist on Twitter, and anyone who doesn’t mute them will...

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Wake up call? Kendall Jenner disappears from Instagram

The Kardashian clan might be getting serious about taking a step back from social media. Kendall Jenner’s Instagram account vanished over the weekend, but her 68 million followers on the picture-sharing app can still keep up with her comings and goings via her Facebook and Twitter accounts. Jenner is the 21-year-old half-sister of Kim Kardashian. Kardashian has largely disappeared from social media since being held up at gunpoint in her Paris hotel in a jewelry heist last month. Khloe Kardashian called the robbery "a wake up call" for the family. Jenner also encountered a scary situation this year. A...

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Zuckerberg: ‘Crazy’ to say Facebook influenced election

NEW YORK (AP) — Facebook CEO Mark Zuckerberg says the idea that fake news spread on Facebook influenced the outcome of the U.S. election is "crazy." Still, the majority of Americans (six in 10) say they get at least some news from social media , mostly Facebook, according to the Pew Research Center. While a lot of this news comes from established outlets – whether CNN or BuzzFeed News, misinformation spreads on Facebook just as information does, shared by users, recommended by software and amplified by both. Sources of spurious information has ranged from news articles produced by "content...

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