FROM Sarah Frier
Snapchat's IPO: How big will it be? Facebook overtook Twitter; will Snap Chat overtake Facebook? Snap, Inc . -- the parent of Snap Chat — will make its Initial Public Offering tomorrow and trading will begin on the New York Stock Exchange. Even among the stratospheric finances of the tech world, we’re likely talking big money. Sarah Frier, tech reporter for Bloomberg in San Francisco, has more on the communication app, its target audience and it's potential for continued growth.
Is Snapchat the next Facebook? Snap Inc. has filed for a $3 billion dollar IPO, reportedly the largest ever for a company based in Los Angeles. The company says nearly 160 million people use Snapchat daily. For many, it’s their main news source and main social media network.
Twitter cuts workforce in search of profit Twitter is one of social media’s definitive institutions — crucial to all kinds of discourse in the US and around the world, but it's not making a profit. Today it announced its quarterly earnings — along with a staff layoff of nine percent. Sarah Frier, tech reporter for Bloomberg in San Francisco, broke the story .
Human Rights in the era of Donald Trump President Trump’s UN Ambassador, Nikki Haley, said today the US might pull out of the United Nations’ Human Rights Council. Serious violators of human rights are members of the Council itself–and a US resignation could make things worse. Later on today’s show, now that he’s into his second term, comedian turned US Senator Al Franken is telling jokes again.
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.