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The data includes figures for iOS downloads starting from 2010 and Android downloads starting from 2012. [45] Snapchat acquired AI Factory, a computer vision startup, in January 2020 to give a boost to its video capabilities. [46] In November 2020, Snapchat announced it would pay a total of $1 million a day to users who post viral videos.
Snapchat is a mobile application created by Stanford graduates Evan Spiegel and Bobby Murphy in September 2011. [159] Snapchat's main feature is that the application allows users to send a photo or video, referred to as a "snap", to recipients of choice for up to ten seconds before it disappears. [160]
Snapchat users are now sending over 60 million snaps a day, or about 700 snaps a second. [24] 2013: February 21: Product: Snapchat launches video sharing on its Android app after ten days of quiet beta testing. [25] 2013: February 27: Legal: Snapchat is sued by Reginald Brown, a Stanford graduate student who used to be friends with Spiegel and ...
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The company was named Snapchat Inc. at its inception, but it was rebranded Snap Inc. on September 24, 2016, in order to include the Spectacles product under the company name. [12] Snap is co-owned by Tencent (which holds a 45.43% stake) and NBCUniversal , a division of Comcast (whose stake is undisclosed).
Snapchat files for its IPO, and begins trading on the New York Stock Exchange. The share closed at $24.48, giving the company a valuation of around $33 billion. [100] 2017 Launch TikTok, a short video-sharing and social media service, launches. [101] 2017 Launch Co–Star, an astrological social networking service, launches. [102] 2017 Milestone
The most popular video hosting website is YouTube, 2 billion active until October 2020 and the most extensive catalog of online videos. [1] There are some countries in the world placing restrictions on YouTube , instead having their own regional video-sharing websites in its place.
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