Snap Inc.’s IPO filing reveals Snapchat user count, huge losses

Snap sees its way clear to March IPO

At long last, Snap Inc., better known as the creator of the Snapchat app and those funky Spectacle video-recording sunglasses, is headed for a big Wall Street IPO. Snap filed SEC paperwork that indicated the five-year-old tech startup has over 150 million users, with a solid growth pattern over the last few years. Snap reeled in just over $400 million in 2016, with a net loss of just over $500 million, and said they may never be profitable.

Some analysts are comparing Snap to Twitter, which was flying high after their IPO only to backslide to less than half their opening stock price today. The big debut for Snap is set for March, with a valuation between $25 and $30 billion, which should set up the young founders and their grandkid’s grandkids for life. Their stock ticker symbol? S-N-A-P of course.

Remember when 500GB was a ton of space? 

Playstation 4 owners taking part in the company’ beta program got some good news today: the latest update finally allows connection of an external hard drive. Oh, and you can customize your wallpaper as well. Hooray. But yes, now you can plug in a USB-3 spec external drive up to 8 terabytes in size to store all your games and stuff, so put away that hammer and screwdriver, there’s no need to pry open your PS4 anymore and replace the internal drive.

Also, keep it way from alien spacecraft and small nuclear reactors

LG is taking action following numerous reports that their high-end 5K computer monitors were having a number of problems if they were close to an wi-fi router. Apparently, a lack of shielding is causing the monitors to malfunction if they’re near a wifi router, and it gets worse the closer it is. The monitors came out late last year and so are covered under warranty, and owners can hit the link here to get the repair process started.

Unfortunately, a firmware update isn’t going to fix the problem, the monitors have to be physically modified with additional shielding. LG told MacWorld that they are also improving the shielding on the 5K monitors its now building.


Google's Wear OS update 'H' promises battery life improvements

Google has rebranded its Android Wear operating system to Wear OS. Removing the Android name may help people better understand Google-powered smartwatches, which also play nice with iOS devices. 

Apple discontinues AirPort Extreme, Time Capsule as it exits Wi-Fi router business

Apple is now officially no longer in the router business. The company had already stopped selling the AirPort Express, and now its retail stores and websites have stopped offering the AirPort Extreme and Time Capsule.
Home Theater

From the Roku Ultra to the Fire TV Cube, these are the best streaming devices

There are more options for media streamers than ever, so it’s more difficult to pick the best option. But that’s why we're here. Our curated list of the best streaming devices will get you online in no time.

Want to use one drive between a Mac and Windows PC? Partitions are your best bet

Compatibility issues between Microsoft Windows and Apple Mac OS X may have diminished sharply over the years, but that doesn't mean they've completely disappeared. Here's how to make an external drive work between both operating systems.
Digital Trends Live

DT Daily: Google Pixel Night Sight, Surface Studio 2, and Netflix at half price

Today on DT Daily, Greg Nibler was joined by Adrian Warner to talk trending topics like the new Google Pixel Night Sight and we got our hands on the $3,500 Microsoft computer that's giving Apple a run for its money.
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DT Daily: Global internet, quantum computing prove the future is now

Global internet, quantum computing, and fire-resistant exoskeletons may seem like the stuff of science fiction, but as we learned on today's episode of DT Daily, all these things may soon be reality.
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DT Daily: D-Wave wants to help developers make the leap into quantum computing

If you are curious about quantum computing but don't know where to start, you're not alone. D-Wave has a platform for people to learn quantum computing, and the company's Murray Thom appeared on Digital Trends Live to talk about it.
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Nerf product designer has his sights set on upcoming ‘Overwatch’ collaboration

Nerf has a new line of Overwatch tie-in guns coming out in 2019, and Product Design Manager Jae Yoo appeared on Digital Trends Live to talk about the collaboration, and how he comes up with designs.
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Digital Trends Live: Nissan turmoil, product designer Jae Yoo of Nerf, and more

For today's episode of Digital Trends Live, we turn our attention to the L.A. Auto Show and Lamborghini's race-ready version of the Urus. We also speak with Jae Yoo of Nerf and MLS defender Zarek Valentin about their origins, modern tech…
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Digital Trends Live: Stablecoin expert discusses all things cryptocurrency

The CEO of Pareto Network, Eric Lamison-White, talked about all thing cryptocurrency on today's episode of Digital Trends Live. We also discussed what a Stablecoin is and what the future holds for Bitcoin.
Digital Trends Live

DT Daily: PlayStation 5 rumors, Kroger food robots, and the future of A.I.

Today on DT Daily, Greg Nibler discussed noteworthy headlines from PlayStation rumors to artificial intelligence. We also sat down with Eric Lamison-White, CEO of Blockchain Development Co., to discuss his Stablecoin patent.