Rihanna’s Snapchat Response Leads To CEO’s Net Worth Dropping $150 Million
Snapchat's last few days have not been great, and they have their own poor decision making, as well as Rihanna's influence to thank for it. On Thursday, Rihanna responded to an ad shown on the Snapchat platform that placed her beside ex Chris Brown, who pleaded guilty to assaulting the …
Snapchat Reportedly Loses $800 Million After Rihanna Slams Offensive Ad
Snapchat's stock took a dive after Rihanna told the company to "throw the whole app-oligy away." Days after Rihanna called out Snapchat for an offensive ad which appeared on their platform, new reports indicate that the singer's clapback may have caused Snap Inc.'s stock market value to tumble to the … …
Snapchat Lost $800 Million After Rihanna Criticized Its Offensive Ad
Snapchat came under fire earlier this week after running an ad created by a third party, which modeled itself after a “Would You Rather?” game. One of the would-you-rathers—which asked users to choose whether they would prefer to “slap Rihanna” or “punch Chris Brown”—drew criticism from users of … Read More
Rihanna raps Snapchat over beating ad
Rihanna on Thursday denounced Snapchat after an advertisement made light of her beating by fellow pop star Chris Brown, sending the company's share prices … The commercial showed the two singers and asked Snapchat users whether they would rather “slap Rihanna” or “punch Chris Brown”. Read More
Exclusive: Snapchat expands into Silicon Valley with lease in prime Mountain View office
Snap Inc., the Southern California-based company behind popular photo messaging app Snapchat, has signed a new lease for more than 10,550 square feet of office space in Mountain View. The lease, for one floor of the 12-story, 176,300-square-foot building at 444 Castro St., is significant because it … Read More
Snapchat stock plummets $800 million following Rihanna’s repsonse to Offensive Ad
Now SNAPCHAT I know you already know you ain't my fav app out there! But I'm just trying to figure out what the point was with this mess!” the singer wrote. “I'd love to call it ignorance but I know you ain't that dumb. You spent money to animate something …
Snapchat Loses Nearly $800 Million Due To Rihanna Blunder
PHILADELPHIA (CBS) — Snapchat, a leading social media platform, has learned a hard lesson at a high price following a celebrity-related blunder. … Rihanna took to Instagram and asked her fans to delete “Snapchat” after the app ran an ad that mocked her domestic violence history with fellow singer … Read …
Rihanna’s Instagram Story cost Snapchat US$800M in value
Snapchat has lost nearly US$800 million from its stock market value after Rihanna posted about the social media app. A recent Snapchat advertisement that made light of domestic violence using images of exes Rihanna and Chris Brown. The controversial ad asked users whether they'd rather “slap … Read More
The Rihanna Effect: Snapchat CEO Evan Spiegel’s Net Worth Drops Nearly $150 Million In Two Days
On Thursday morning, the singer dissed Snapchat and told her users to delete the app, causing shares of Snap, the app's parent company, to tumble as much as 5% Thursday. It fell another 2% Friday, before rebounding slightly for a total two-day loss of 4.7%. In turn, the net worth …
Snapchat stock loses $1 billion following Rihanna’s scathing response to offensive ad
Lest you ever underestimate the popularity of today's pop icons, know this: Over the past two days, Rihanna has caused Snapchat developer Snap's value to plunge by roughly $800 million. Rihanna's fury, which was documented in a scathing Instagram story, is justified. This week, users began noticing … Read More