The Business Times

Snapchat

ASEAN Business

Malaysia says it plans to ban social media for under-16s from 2026

Snap said it strongly disagrees with its classification as a social media platform by the Australian government but said it will comply with the new legislation.
Telcos, Media & Tech

Snap starts checking users ages before Australian under-16 ban

Young users claim excessive screen time has led them to suffer depression, anxiety, insomnia and eating disorders, while others have engaged in self-harm and even died by suicide.
Telcos, Media & Tech

Social media giants must stand trial on addiction claims

Under the deal, AI startup Perplexity will pay Snap US$400 million over one year in cash and equity, with revenue contributions expected from 2026.
Telcos, Media & Tech

Snap tops revenue estimate and unveils US$400 million deal with Perplexity AI, shares jump

Australia has been a leader in global efforts to prevent internet harm, but current legislation offers almost no details on how the ban will be enforced.
International

Australia says social media ban will not age test all users

Snap has revamped its advertising business over the last several years, focusing on direct response ads that prompt users to take a specific action.
Telcos, Media & Tech

Snap gains on results suggesting ad revamp is working

“When we started Snapchat, we wanted something different, and we didn’t like the way that social media made us feel,” Snap CEO Evan Spiegel said.
Telcos, Media & Tech

Snapchat pushes ‘safer’ platform image, but not everyone agrees

Spectacles will not be sold to consumers initially and instead will be available for US$99 per month to developers who create AR features.
Telcos, Media & Tech

Snap advances bet on augmented reality with new version of Spectacles glasses

Snap reported quarterly revenue of US$1.24 billion, just shy of analyst’s expectations of US$1.25 billion.
Companies & Markets

Snap shares tumble on weaker quarterly sales, profit outlook

Snap’s advancements will now allow AR developers to create more realistic lenses.
Telcos, Media & Tech

Snap launches AI tools for advanced augmented reality

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