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 .
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.
Trump fires FBI Director James Comey Vice President Mike Pence took the Administration's lead today in explaining why the President fired the Head of the FBI, saying, "The president made the right decision at the right time." Trump's action is being compared to the so-called "Saturday Night Massacre" that led to President Richard Nixon's resignation in 1973.
Should we 'hack the climate' to fight global warming? The Paris Agreements won't be enough to reverse global warming, whether President Trump pulls the US out or not. Is it time to try altering the atmosphere by what's called "geoengineering?" We hear about unintended consequences, international relations… and ethics.