The week started a little bit rough for the photo filter platform Snapchat as they faced a worldwide outage for 4 hours on Monday which led to a heavy flood of complaints on their rival mobile app Twitter a day before the company released their third quarter earnings report.
Many users took to Twitter to complain about not being able to login after logging off the app and after posting their status it automatically delete within 24 hours, Twitter user @Bradleykeegan11 wrote on his account “snapchat won’t let me log in and it keeps saying ‘could not connect”, and they company respond to the complaint on their support Twitter account explaining that “We’re aware of the issue and working on a fix,” also recommending that users stay logged on until the issues is rectified.
Today Tuesday Snapchat Inc released their earnings report that explained that stock closed down at 2.8 per cent at $14.83 on Monday and of which its initial public offering price was $17. The disappearing message app has over 220 million monthly active users which has similar features like stories like that of their rival Facebook. With a low third quarter earnings report. the company is now introducing exclusive shows that can be used to generate more revenue for its platform.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
