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 .
The longest US war: Will Trump send more troops to Afghanistan? The Trump White House is divided over the Pentagon's request for more troops in Afghanistan—where the US has been fighting for the past 16 years. Is there a formula -- either for "victory" or a political settlement? Is there an end in sight for America's longest war?
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.
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.