Snap shares drop 25% as revenue falls short, Apple privacy bites ads business
https://www.reuters.com/article/snap-results/snap-shares-drop-25-as-revenue-falls-short-apple-privacy-bites-ads-business-idUSKBN2HB2JV
(Reuters) -Snap Inc on Thursday fell short of Wall Street estimates for quarterly revenue as the owner of photo messaging app Snapchat said privacy changes implemented by Apple Inc on iOS devices hurt the company's ability to target and measure its digital advertising.
Snap shares drop 25% as revenue falls short, Apple privacy bites ads business
Oct 21, 2021, 9:25pm UTC
https://www.reuters.com/article/snap-results/snap-shares-drop-25-as-revenue-falls-short-apple-privacy-bites-ads-business-idUSKBN2HB2JV
>(Reuters) -Snap Inc on Thursday fell short of Wall Street estimates for quarterly revenue as the owner of photo messaging app Snapchat said privacy changes implemented by Apple Inc on iOS devices hurt the company's ability to target and measure its digital advertising.