Snap shares tumble 8pc following Kylie Jenner tweet

24 February, 2018, 10:19 | Author: Christina Harvey
  • Credit Snapchat via YouTube

But with 24.5 million followers on Twitter, 104 million followers on Instagram and a robust presence on Snapchat, few have the platform or influence Jenner has with the target demographic Snapchat relies on.

Along with witty lipstick names, the 20-year-old mama named her two new eye color palettes, Eye of the Storm and Calm Before the Storm.

Whether it's the demands of her new-found motherhood, or the recent app redesign, the testament drew similar replies from her 24.5 million followers.

Nik Hewitt, who is a social media expert told Newsweek, there is no need to hold an e-funeral for Kylie's "first love", Snapchat just yet. Snapchat recently made some changes to its interface and was already facing a negative remark from the users.

The redesign of the app saw Snapchat move away from its previous split between "messages" and "stories", the social media convention invented by the company but usurped by Facebook's Instagram. And with her tweet, she brought a company to its knees.




On Tuesday, parent company Snap (SNAP) announced a new update meant to make it easier for users to view content they want to see.

Snapchat has been under fire from users who have criticized the app's new layout for being too confusing to navigate.

The new change has prompted more than 1.2 million to sign a petition at Change.org calling on the company to take it out. Just look at CEO Evan Spiegel's response at the Goldman Sachs Internet & Technology Conference. He actually doubled down saying the updates are here to stay. This Tweet was posted on February 21, and the stock has been on a downward trend since.

Well, she might have made Snapchat lose about $1.3 billion with a single tweet.

The 20 year old now has a net worth of $50 million thanks largely to an extremely successful lip gloss and fragrance line. I talked to you guys about following me for behind the scenes stuff on Snapchat. Or better yet, I wonder if she is SHORT any Snapchat stock and if that would even be legal? The life of his company very well may depend on it!

Recommended:



Popular

Stocks Rally Into The Close As Dow, S&P Reclaim A Key Level
Other sectors seen as bond proxies due to their high dividend yields, utilities and telecoms, also dropped more than 1 percent. Declining issues outnumbered advancing ones on the NYSE by a 1.98-to-1 ratio; on Nasdaq, a 2.05-to-1 ratio favoured decliners.

UN Security Council Delays Vote on Syria Ceasefire Resolution
Meanwhile, Russian news reports said Moscow has sent more warplanes to Syria, including its latest Su-57 fighter jets. Security Council resolution, but it planned to go on fighting ISIS, Hayat Tahrir al-Sham and their allies.

No progress for Romania in Corruption Perception Index
Further analysis show journalists and activists in corrupt nations risk their lives every day in an effort to speak up. The least corrupt country in the world is New Zealand with the score of 89, followed by Denmark (88) and Finland (85).

United Kingdom unemployment rises for first time in two years, says ONS
The slowdown was mainly due to weakness in consumer-facing services, such as retailers, cafes and cinemas, the ONS said. Unemployment unexpectedly rose by 46,000 to 1.47 million in the three months to December, official figures show.

How Rev. Billy Graham's "message of God's love" transcended politics
Dolan recalled that when he was growing up in the 1950s and 1960s, "it was hard not to notice and be impressed by the Rev. This was a daring and risky confession for first-century Jesus followers in their pluralistic world dominated by empire.

Helena Youth Against Gun Violence Group Forms After Florida School Shooting
Scott organized three committees to look at school safety, mental health and gun safety issues. "That's what they want to hear". After previous school shootings, many lawmakers have vowed and promised and pledged that this time things would be different.

Low-carb or low-fat diet? Both work well
Reducing either carbohydrates or fats from the diet shaves off excess weight in about the same proportion, claims a new study . It may be that some people find low-fat or low-carb diets easier to stick to, because of personal preference.

5G Service, Botched Emoji — Tech Bytes
In the beginning of this year, AT&T announced that the operator will be launch 5G across twelve markets in the US. While AT&T and Verizon have made some strides with 5G, experts project these networks will launch in 2020.

Mark Cuban: Mavericks Employee Misconduct Claims Are 'All New' To Me
In fact, female employees identified the team's locker room as a safe haven from the misogyny in the front office. Incident: Terdema stops me near where the main door ... is and says to me "seriously ... just one time".

No proof that CS was manhandled, AAP being hounded : Sanjay Singh
Delhi court dismisses police's plea for custodial interrogation stating the 2 MLAs were ready to cooperate, join the probe. Continuing his rant Bharadwaj said that Delhi Police arrested the elected MLA without showing any evidence.