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Meta sold out its “animated gif search engine” to Shutterstock.

Meta, a tech-based company, decided to sell its “animated-gif” search engine, “Giphy,” despite having purchased it for $400 million three years ago...

Snapchat to cut a fifth of jobs

Snapchat will cancel a number of new projects and fire 20% of its employees. Following a year of subpar financial performance, it...

Snapchat owner hit as advertising slump hits sales

The company that runs the social media network Snapchat missed revenue forecasts and warned of “very challenging” conditions, which caused shares to...

Snapchat’s flying selfie drone

Snap, the firm most known for its photo-sharing app Snapchat, has now released a flying camera. The startup describes...

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