The Latest Breaking News from Jasmine Enberg

San Francisco (AFP) - Shares in Snapchat's parent company plunged more than 14 percent on Tuesday after it reported a loss in the final three months of last year on seemingly stalled revenue.

Even as U.S. lawmakers target TikTok, the social media app is morphing into a global giant, taking on Google, Facebook, Snap and others.

San Francisco (AFP) - After months of controversy, Elon Musk is now at the head of one of the most influential social networks on the planet, whose "tremendous potential" he has promised to unleash.

Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company's general counsel, two people familiar with the deal said.

New York (AFP) - Closing in on his Twitter megadeal, Elon Musk said Thursday his goal is to enable "healthy" debate of ideas and counter the tendency of social media to splinter into partisan "echo chambers."

Looming layoffs, rising inflation and fears of an impending recession bode ill for companies’ earnings calls next week

For months, the Tesla and SpaceX CEO has expressed interest in creating his own version of China’s WeChat — a “super app” that does video chats, messaging, streaming and payments — for the rest of the world

Snapchat's owner plans to "substantially" slow recruitment after bleak results Thursday wiped 25 percent off the stock price of the tech firm, which is facing difficulties on several fronts. Snap reported that its loss in the recently ended quarter nearly tripled to $422 million despite revenue increasing 13 percent under…

Facebook parent Meta on Wednesday reported better profit than expected in the recently ended quarter, calming investors worried about the toll of competition from TikTok and eased pandemic restrictions. Meta said it made a profit of $7.5 billion on revenue of $27.9 billion in the first three months of this…