Did Kylie Jenner’s Tweet Cost Snapchat $1.3 Billion?
If you were looking for evidence that the Kardashian empire is actually a global panopticon capable of shaping the fate of the world with the push of a "post" button, one tweet from Kylie Jenner looks like it just cost Snapchat $1.3 billion dollars. Just a few weeks after breaking …
Snapchat’s $1.3 Billion Drop In Value Is Linked To A Kardashian
Snapchat's controversial new redesign has garnered a lot of negative attention recently and the other day, the social media app plummeted throughout trading hours and closed 6 percent down on the US stock market – thanks to a Kylie Jenner tweet. The entrepreneur and Kardashian half-sister tweeted … Read More
Recode Daily: Kylie Jenner shaded Snapchat and Snap shares sank $1.3 billion
The social media influencer, model and famous sister has 24.5 million followers, and when she tweeted yesterday that she hasn't been using the Snapchat app lately, Snap shares sank as much as 6.1 percent. Meanwhile, Wall Street analysts are noticing a downtrend in user engagement, following … Read More
Kylie Jenner’s tweet about dumping Snapchat made one group of investors $163 million
Though shares of Snapchat's parent company tumbled Thursday after Kylie Jenner tweeted about how she didn't use the app anymore, one group of investors laughed all the way to the bank. "Sooo does anyone else not open Snapchat anymore?" she asked her Twitter followers. "Or is it just me… ugh … …
The real reason why Snapchat’s value plunged after Kylie Jenner admitted she’s stopped using the …
She's one of the biggest stars and in the world and has just publically announced that she never opens Snapchat anymore. But it turns out that reports claiming one tweet from Kylie Jenner crashed the valuation and stock price of the photo app have been greatly exaggerated. Now, it's hard …
Thousands of Snapchat users were ‘scared’ by controversial update, study suggests
A recent Snapchat update sparked fury among its users after bringing huge changes to the app. Now the ferocity of Snapchatters' rage has been exposed in a study which examined tweets about the new software written by more than 500,000 people. Teacher left with face 'looking like cornflakes' by … Read …
The Kylie Jenner effect: How the socialite sent Snapchat into a £930m meltdown
Snapchat lost around 1.3 billion dollars (£930m) in market value after reality star Kylie Jenner tweeted that she was no longer using the social app. The half-sister of Kim Kardashian told her more than 24 million Twitter followers: “sooo does anyone else not open Snapchat anyone? Or is it just …
Kylie Jenner Seemingly Cost Snapchat $1.3 Billion with a Single Tweet: Report
A social media endorsement from Keeping Up With the Kardashians star Kylie Jenner could earn a company serious cash, but criticism from the beauty maven could result in a loss of even more. That's seemingly what happened with Snapchat on Thursday. The app's redesign was detested by most of its … …
Kylie Jenner ‘sooo over’ Snapchat – wiping £1 billion off its value
Kylie Jenner has wiped £1 billion off the value of Snapchat's owner, Snap, after she tweeted that she no longer used the messaging app. The reality TV star posted on Wednesday: "sooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad." Snap's …
Kylie Jenner tweet sends Snapchat share price tumbling
We completely understand the new Snapchat has felt uncomfortable for many,” the firm wrote in a post on Change.org. “Beginning soon on iOS, and with Android in the coming weeks, we are introducing tabs in Friends and Discover, which will make it easier to find the Stories that you want, …