Tag: Snap Inc
UK data watchdog issues Snapchat with enforcement notice over AI chatbot
Snapchat owner Snap Inc could face a huge fine after the UK data watchdog, the ICO (Information Commissioner's Office), issued it with a preliminary enforcement notice over its alleged failure to assess privacy risks posed by its 'My AI' artificial intelligence chatbot. The preliminary notice sets out the steps which the Commissioner may require, subject…
Snapchat reports improved user numbers and revenue rise
Snapchat added 13 million daily active users in the last quarter, as the messaging app reported its latest financial results. The multimedia message platform’s parent company Snap Inc said users rose in the last three months to 203 million. This is an 8% increase on the 190 million daily users reported in the last quarter…
Snapchat reports record revenue but user numbers remain flat
Snapchat has recorded record revenue levels but the company’s active user numbers remain “flat", the firm’s latest financial results have revealed. Parent company Snap Inc reported revenue for the last three months of 390 million dollars (£301 million), up 36% from the 286 million dollars (£220 million) posted this time last year. The company’s net…
