Kylie Jenner says Snapchat is over - and Wall Street panics

23 February, 2018, 05:01 | Author: Brenda Erickson
  • Nike's Snap brand sells basketball shoes via Snapchat app

The company's update for Snapchat has been poorly received, and today, Snap's stock price took another tumble following a tweet from Kylie Jenner declaring that she was done with the social imaging app.

However, less than 24 hours after Kylie tweeted out her frustrations to her millions of followers, Snapchat's shares dropped by as much as 7.2%.

Some users have been very vocal with their negative reactions to the redesign, and though those complaints haven't really relented, Snapchat has stuck by its decision to change the app. The petition earned 1.2 million signatures, although Snapchat executives told users that their request is futile.

Snap Inc. has heard the cries from unhappy users as the company said Wednesday it knows the new Snapchat redesign is "uncomfortable for many".

Nic Rumsey started the petition to remove the new Snapchat update, a move which proved to resonate with most of the apps users.

She then added: "still love you tho snap ... my first love".

Amazon Is Promising Big Credit Card Benefits To Whole Foods Shoppers
The e-commerce titan has been cutting prices and even began selling its Echo smart speaker device in Whole Foods stores. The card also gives 2% back at restaurants, gas stations and drugstores and 1% back on all other purchases.

After the recent objection of Snapchat redesign, the company has made a decision to bring some changes in design.

Snap's response points to additional changes that it announced yesterday, including a tabs feature that lets users "sort things like Stories, Group Chats, and Subscriptions, allowing you to further customise your own experience on the app". Instead, it noted that this is just the "beginning, and we will always listen closely to find new ways to make the service better for everyone".

A subsequent tweet makes it seem the reality star isn't done with it just yet. Her comment has been liked more than 2,000 times. Now, there's a designated page for publishers and celebrities, and a separate page for friends. Kylie partnered with Snap a year ago in order to broadcast exclusive video on Snapchat with a format named "Ask Kylie".

One million people signed a petition demanding Snap roll back the change. The latest update came with a complete redesign and got rid of numerous fundamental things that made the app what it was.

Since the app update has rolled out to users, Snapchat has been showered with bad reviews.



Slowing online sales and reduced profits worry Walmart investors
Following the completion of the sale, the insider now owns 19,060 shares of the company's stock, valued at $1,848,629.40. They set a "neutral" rating for the company. (NYSE: WMT ) has "Buy" rating given on Friday, November 13 by Northcoast.

Man throws grenade at US embassy building in Montenegro, kills self
The US Embassy in the Montenegrin capital of Podgorica on Thursday warned its citizens of an active security situation. The US established diplomatic ties with the tiny Balkan state in 2006 after it split from much larger Serbia.

PGA Odds, Pick, Predictions, Dark Horses — Honda Classic
He's still got a ticklish four-footer for par, which he makes, the ball curling all around the hole and dropping. The PGA switches from West Coast to East Coast while the European goes from one desert golf venue to another.

SC ruling against Nawaz Sharif to make him stronger, say political analysts
In the verdict read out by the chief justice, it was also stated that a party's presidency is directly related to the parliament. While on the other side, former Prime Minister Nawaz Sharif said that he and his was being victimised in the name of justice.

Latvia Central Bank Head Has Been Detained
On February 20, ABLV Bank representatives will present to the ECB its new stabilization plan and the plan for the coming week. Raimonds Vējonis, the country's president, called for a meeting of the national security council to discuss the situation.

Reply by Google brings Smart Reply feature to third party apps
If you're unsure about what Google Pay is and how you can use it, here is a quick guide that takes you through the basics. The best part about the new Google Pay app is that it is bringing both Google Wallet and Android Pay together.

Pennsylvania reports drop in flu cases, 28 deaths
Vaccination, however, is very important and is the best way to protect yourself and those that you care about. The first local flu-related death of a child has been confirmed by Harris County Public Health officials.

Chrissy Teigen Proves She Knows Almost Nothing About Her Husband's Career
Chrissy Teigen enjoyed a stroll through the streets of NY with her daughter Luna on Tuesday. 'I have a love for space. Chrissy Teigen has debuted a brand new look on Snapchat.

Magazine ripped for Clarence Thomas impeachment push
California is one of eight states that require waiting periods before the purchase of a gun; other than Hawaii, it is the longest cooling off period.

Canadians add another gold to ice dancing haul
France took victory in the mixed relay biathlon , with Martin Fourcade starring en route to his fifth Olympic gold medal . Virtue and Moir's performance in Pyeongchang is a moment of redemption after failing to win a gold medal at Sochi 2014.