TECH NEWS
Snap lost a 400 million dollar AI deal, 20 million dollars a month to the Iran war, and 24 per cent of its stock price. The AR glasses had better work.
TL;DR Snap’s Q1 revenue grew 12 per cent to 1.53 billion dollars but the stock fell four per cent after the company disclosed that the Iran war cost it 20 to 25 million dollars in advertising revenue in March alone and confirmed it has ended its 400