{"id":6427,"date":"2022-07-22T09:36:04","date_gmt":"2022-07-22T07:36:04","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/07\/22\/snap-shares-slump-25-amid-slowdown-in-ad-revenue-for-tech-firms\/"},"modified":"2022-07-22T09:36:04","modified_gmt":"2022-07-22T07:36:04","slug":"snap-shares-slump-25-amid-slowdown-in-ad-revenue-for-tech-firms","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/07\/22\/snap-shares-slump-25-amid-slowdown-in-ad-revenue-for-tech-firms\/","title":{"rendered":"Snap shares slump 25% amid slowdown in ad revenue for tech firms"},"content":{"rendered":"<p>Owner of Snapchat talks of \u2018incredibly challenging\u2019 conditions as it seeks new sources of revenue<\/p>\n<p>Shares in <a href=\"https:\/\/www.theguardian.com\/technology\/snapchat\">Snapchat<\/a>\u2019s parent company have fallen 25% after it confirmed investors\u2019 fears of a slowdown in advertising revenue for social media firms.<\/p>\n<p>Snap painted a grim picture of the effects of a weakening economy on social media in quarterly results on Thursday and declined to make a revenue forecast in \u201cincredibly challenging\u201d conditions, hitting its share price in after hours trading and setting off a chain reaction among listed rivals.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/jul\/22\/snap-shares-slump-25-amid-slowdown-in-ad-revenue-for-tech-firms-snapchat\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/6e75bab9c2410e57fa824e6d22940c43345d9e15\/0_118_6144_3684\/master\/6144.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=269312eaae5f511e2956ee0663660c1c\" title=\"Snap shares slump 25% amid slowdown in ad revenue for tech firms\" \/>Owner of Snapchat talks of \u2018incredibly challenging\u2019 conditions as it seeks new sources of revenue<br \/>\nShares in Snapchat\u2019s parent company have fallen 25% after it confirmed investors\u2019 fears of a slowdown in advertising revenue for social media firms.<br \/>\nSnap painted a grim picture of the effects of a weakening economy on social media in quarterly results on Thursday and declined to make a revenue forecast in \u201cincredibly challenging\u201d conditions, hitting its share price in after hours trading and setting off a chain reaction among listed rivals. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Owner of Snapchat talks of \u2018incredibly challenging\u2019 conditions as it seeks new sources of revenue Shares in Snapchat\u2019s parent company have fallen 25% after it confirmed investors\u2019 fears of a slowdown in advertising revenue for social media firms. Snap painted a grim picture of the effects of a weakening economy on social media in quarterly &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/07\/22\/snap-shares-slump-25-amid-slowdown-in-ad-revenue-for-tech-firms\/\"> <span class=\"screen-reader-text\">Snap shares slump 25% amid slowdown in ad revenue for tech firms<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":6428,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6427"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=6427"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/6428"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=6427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=6427"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=6427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}