Rihanna’s criticism of Snapchat sees company lose almost $1bn
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- Category : Snapchat
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Snapchat then issued an apology, saying that the advert “is disgusting and never should have appeared on our service”. Now, CNN has pointed out that the controversy has led to a 6 percent dip in the company's stock – wiping off around $800 million from its market value (as of Friday, March 16).