VKontakte (VK)

It's been a tough ride for long-term Snap (SNAP +3.17%) investors. Once touted as a close rival to Meta Platforms' Instagram, the relatively small social media company remains unprofitable and is down by more than 30% year to date. Investors who are betting on a turnaround may want to cut their losses and review other investment opportunities. Growth is slow and profits are nonexistent Snap's revenue trajectory does not reflect what investors have come to expect from unprofitable, high-stakes companies. The social media company only has an annualized 8.8% revenue growth rate over the past three years. That's much lower than Meta Platforms' 19.9% compound annual growth rate (CAGR) over the same stretch. Today's Change Current Price It's impossible to even compare the two tech companies anymore. A few years ago, investors would look at Snap's earnings to gauge how Meta Platforms would perform, and vice versa. Few investors do that anymore. Meta Platforms earned more than $200 billion in revenue over the past year, while Snapchat generated less than $10 billion over the same stretch. Image source: Getty Images. The better comparison is Pinterest, but even then, it grows faster and actually makes a profit. Snap reported an $89

Snap, YouTube, and TikTok owner ByteDance have agreed to settle a lawsuit accusing the platforms of causing addiction, disrupting learning, and forcing schools to spend large sums on student mental health support. According to Bloomberg, payout terms were not disclosed. Bloomberg Intelligence estimates that comparable lawsuits could expose tech companies to a “collective theoretical liability” of almost $400 billion. Meta will continue to fight the case; a trial begins on June 12 in California. The Breathitt County School District in rural Kentucky sued the tech firms in 2024, accusing them of failing to implement robust age-verification processes and effective parental controls. It also accused them of not implementing opt-in restrictions on the length and frequency of usage, creating barriers that make it more difficult for users to delete or deactivate their accounts, and using algorithms to promote addictive engagement. The schools claimed this led to staff spending time on confiscating cell phones and other devices, as well as hiring additional staff to support student mental health and counseling. “This matter has been amicably resolved, and our focus remains on building age-appropriate products and parental controls that deliver on that promise,” YouTube told Reuters. Snap provided a similar statement. The news comes after Snap

A Hilltown Township man awaits sentencing after admitting last week in Montgomery County Common Pleas Court to the statutory sexual assault of a 13-year-old Lansdale girl. Fredis B. David Santos, 28, of the 100 block of Reliance Place, pleaded guilty last week to two felony counts of sexual assault and felony involuntary deviate sexual intercourse of a person under 16, before Common Pleas Judge Todd Eisenberg, according to court records. Numerous felonies and misdemeanors were dismissed as part of the plea bargain: Two felony counts of sexual assault, four counts of statutory sexual assault, two counts of dissemination of explicit sexual material to a minor,  unlawful contact with a minor, unlawful contact or communication with a minor for sexual abuse, criminal use of a communications device, two counts of sexual abuse of children through photographing or depicting sex acts, corruption of minors, and 15 misdemeanor counts each of indecent assault on a victim under 16, according to court records. On July 28, 2025, the victim went to Lansdale Police with her mother and another relative, to report the sexual assaults by Santos, according to the complaint. According to police, Santos friended the victim on Snapchat and sent nude photos and

Arshdeep Singh found himself in a bit of heat after a Snapchat thing showed up before Punjab Kings’ IPL 2026 clash vs Mumbai Indians. So you know, he posted a story earlier, a picture with Mumbai Indians batter Tilak Varma, and then he used the word “andhera” , which people immediately started throwing shade at him about. After that, the talk went big online, like really fast. Many fans accused him of saying something racist, and the whole thing became a full-on discussion point across social media. And then, as the criticism kept building, Punjab Kings finally stepped in with a public response, just to cool it down. Punjab Kings’ head of sports science, Andrew Leipus, brought it up during a press conference. He basically said that inside the dressing room, Arshdeep’s mindset is still normal, like nothing “real” has changed even with all the noise outside. Andrew Leipus said: “I don't follow a lot of social media myself, so I know there's been a bit of chatter behind the scenes of various things going on, vlogging and whatnot. I'm not across that. In terms of his behaviour, Arsh is pretty much a flat line. He's not up or down.”

India and Punjab Kings pacer Arshdeep Singh has landed in fresh controversy after a Snapchat exchange with a fan triggered another round of backlash on social media. The left-arm fast bowler, who has already faced criticism this IPL season over remarks made in viral videos, is once again under scrutiny for his conduct online. Arshdeep Singh made racist comments on Tilak Varma. Arshdeep called Tilak “andhera” (darkness) and compared his skin tone with Naman Dhir’s. Tilak Varma responded maturely, saying, “I won’t encourage this. Let’s focus on tomorrow’s match.” pic.twitter.com/VPX9hkg6nP— EpicCommentsTelugu (@EpicCmntsTelugu) May 14, 2026 Arshdeep, widely regarded as one of the more popular young cricketers among fans because of his candid vlogs and dressing-room interactions, has endured a turbulent few weeks off the cricket field. The latest controversy erupted after screenshots of his response to a fan began circulating widely online. The incident comes days after Arshdeep was criticised for remarks directed at Tilak Varma in a video recorded ahead of Punjab Kings’ IPL clash against Mumbai Indians. In the clip, Arshdeep panned the camera towards Tilak and said, “Oye Andhere, sunscreen lagaaya?” which roughly translates to, “Hey, dark one, did you apply sunscreen?” The remark immediately drew criticism

Skip to main content Algonquin-Lake In The Hills, IL Huntley, IL Barrington, IL Lake Zurich, IL Elgin, IL Grayslake, IL Palatine, IL Libertyville, IL Vernon Hills, IL Buffalo Grove, IL Illinois Top National News See All Communities Good morning — here’s the latest on news for the far northern suburbs, from Crystal Lake to Libertyville and communities throughout Lake and McHenry counties. A running roundup of top stories will be updated here throughout the day. Check back for the latest developments. Ryan D. Shapiro, of Lake in the Hills, has been charged with six counts of child pornography. Find out what's happening in Crystal Lake-Caryfor free with the latest updates from Patch. Parent Sues District 300 Over Student Gender Transition Policies The federal lawsuit alleges the district supported a student’s social transition at school without informing the parent. 'Big Smile, Adorable Little Giggle': Family Remembers Infant Found Unresponsive At Daycare Cameron Morris died on May 7, two days after he was found unresponsive while napping at a Woodstock daycare, authorities said. Find out what's happening in Crystal Lake-Caryfor free with the latest updates from Patch. How Quick Response Saved Boy, 16, After Cardiac Arrest At H.S. Track: Authorities A 16-year-old

"Here today, gone tomorrow" is a winning idea — according to Wall Street. Shares of Snap are down nearly 5% Thursday afternoon after Meta announced "Instants," a new feature and companion app which allows users to share "spontaneous, unfiltered photos" that disappearing after viewing. Remind you of anything? Snap has fallen roughly 34% this year while Facebook and Instagram parent-company Meta has dipped 5% over the same time frame. Last week, Snap reported earnings which showed the social media company losing out on ad sales. Infleqtion reports Q1 adjusted loss; offers modest boost to full-year sales guidance Infleqtion is falling in postmarket trading after reporting a Q1 adjusted loss from operations of $13.2 million and sales of $9.5 million. Management modestly upgraded its sales guidance to “at least” $40 million for 2026, adding that language to enhance the target provided in early April. Revenues of $40 million would mark an increase of roughly 23% compared to the $32.5 million generated in 2025, and an acceleration from growth of 12% last year. The company utilizes neutral atom technology to make quantum sensors used in clocks and antennas in addition to computers. “Q1 reinforced our confidence that quantum is gaining momentum as

Meta has cooked up a Snapchat-like replacement app for Instagram users. Located inside of the Instagram app (as well as a standalone app), the new Instants feature is dedicated to sharing photos with close friends that disappear after viewing or are automatically removed after 24 hours if not viewed. Instants cannot be edited before posting, unlike a post or Story. From the viewers device, screenshots can’t be taken and you cannot record videos that are shared. Meta shared a features overview of Instants, highlighting the ability to undo shares and snoozing Instants. Instants Features Archive: Your shared instants are saved in a private archive that only you can see for up to one year, which you can access on the top right corner of Instants. Recap to Stories: Compile instants from your archive into a recap and post it to Instagram Stories for your followers. Just tap Create recap in your archive to get started. No screenshots: Friends can’t screenshot or record instants you share. Undo: Accidentally sent an instant? Quickly take it back before friends see it by tapping the undo button. You can also delete an instant from your archive to unsend it to friends who haven’t opened

Instagram announced on Wednesday that it’s globally launching “Instants,” a new feature for sharing authentic, disappearing photos after testing it with select users. The feature lets users share disappearing photos with their Close Friends or mutual followers that can be viewed only once and remain available for 24 hours. The app borrows ideas from social platforms like Snapchat, Locket, and BeReal, as it focuses on authentic and ephemeral content. Unlike Instagram, which is about curated and polished content, Instants is designed for quick, real-life snapshots. With Instants, you capture a photo with Instagram’s in-app camera and aren’t allowed to edit the image. The format doesn’t allow uploads from your camera, and, although you can add text to your “instants,” you can’t modify them any further. Meta said in a blog post that the idea behind this format is to share authentic moments as they’re happening. It’s worth noting that Meta is also testing the Instants format as a standalone app in select regions, including Spain and Italy. You can capture an Instant by tapping the mini photo stack in the bottom right corner of your Instagram inbox. After you share your Instant, recipients can react with emojis, reply, and send

Snap has taken another concrete step toward turning its AR glasses strategy into a broader platform story. Its recent AR developer bootcamp was not just a community event, and it was not just a product teaser. It was a signal that Snap is investing in the people, tools, and workflows needed to make augmented reality more useful, more social, and more commercially relevant as it moves toward the public launch of Specs in 2026. That matters because hardware alone rarely wins in emerging technology. Ecosystems do. The companies that succeed in new computing categories usually combine three things: capable devices, software tools that developers can actually work with, and enough real use cases to convince people that the product solves a meaningful problem. Snap’s bootcamp sits right at the center of that equation. The event brought together a hand-picked group of active Spectacles developers at Snap’s Santa Monica headquarters for direct access to the teams building the platform. On the surface, that sounds like a familiar developer-relations play. In practice, it tells a larger story. Snap is trying to shorten the distance between product roadmap, developer feedback, and real-world AR experiences. That is how platforms mature. Instead of treating developers