On Thursday, Snap Inc (NYSE: SNAP), which operates the Snapchat app, said that it will cut around 100 workers in the second round of layoffs. This move is the company’s latest step to restructure the company after aggressive hiring in the past..

Dr Pepper Snapple Group Inc. (NYSE: DPS), whose brands include A&W root beer and Bai fruit drinks, reported its revenue and earnings for the fourth quarter on Wednesday.The company reported profits for the fourth quarter of $508 million, or $2.8..

Facebook (NASDAQ: FB) is on track to lose its younger users at a faster rate than the previous forecast. The social media giant is expected to lose nearly two million users under the age of 24 this year alone as more begin to shift to other platform..

Snap Inc. (NYSE: SNAP) soared more than 35 percent on Wednesday morning after the company reported quarterly revenue and earnings that beat analysts’ estimates.The instant message company said fourth-quarter revenue rose 72 percent to $285.7 m..

Firms such as Fidelity Investments and Coatue Management LLC have increased their stakes in Snap Inc. (NYSE: SNAP) third quarter following the company’s disappointing results. Fidelity’s companies held 11 million more Snap shares th..