Citing data privacy concerns, German auto parts maker Continental has banned WhatsApp and Snapchat from company-issued mobile devices. Will a second phone become the norm for firms, many of which rely on messenger apps?German car parts supplier Continental has banned its 240,000 employees from using social media applications WhatsApp and Snapchat on company-issued mobile phones. …
Snapchat owner Snap has reported surging growth in users in its latest quarter, reviving hopes it can survive competition with Facebook’s Instagram. Revenues were up sharply, but so were quarterly losses.Snap’s shares soared by over 20 percent after the company behind messaging application Snapchat reported a surge in users. The results were good news for …
Pilgrim consumption of data increased by 68% over last year
Fast-growing social media company Snap has filed documents for a share offering, seeking to raise billions of dollars in a keenly anticipated Wall Street debut and after burning massive amounts of cash in recent years.California-based Snap seeks to raise up to $3 billion (2.78 billion euros) in what is expected to become one of the …
