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.

Gaming

Apex Legends update 1.1.1 failed in fixing hitbox issue of Caustic, Gibraltar

Respawn Entertainment tried to make Caustic and Gibraltar more playable with Apex Legends version 1.1.1. The Fortified passive ability is meant to reduce incoming damage by 10%, but it is not working properly.
Cars

Toyota leads $1 billion investment in Uber’s self-driving tech division

In a move that has been a long time coming, Uber filed its S-1 documents, which sets the stage for the company to finally go public with an initial public offering. The company could be valued at more than $100 billion.
Cars

From rugged wagons to hot sports cars, the 2019 NY Auto Show brought it all

From city cars to supercars, anything goes at the New York Auto Show. Automakers from all over the globe traveled to the 2019 show to unveil their newest concept cars and production models.
Mobile

The OnePlus 3 & 3T both receive an open beta for Android Pie

Android 9.0 Pie has been released. But is your phone getting Android 9.0 Pie, and if so, when? We've done the hard work and asked every device manufacturer to see when their devices would be getting the update.
Digital Trends Live

Digital Trends Live: Save the Internet Act, T. rexes in VR, and more

On this episode of Digital Trends Live, we were joined by Joel Comm of Bad Crypto and Jason Horton of Ghost Town. Later in the show, we joined Jeremy Kaplan on location at the American Museum of Natural History.
Digital Trends Live

Digital Trends Live: Google Chrome exploit, CyberHat, and Panasonic S1 unboxing

Hackers targeting Google Chrome, Apple AR glasses, and a Panasonic camera unboxing highlighted this episode of Digital Trends Live. We also sat down with the general manager of CyberHat, Yifat Bar-Eli, to talk about cyber security.
Digital Trends Live

Digital Trends Live: Apple rumors, Google gaming, and TerraCycle

On episode 83 of Digital Trends Live, hosts Greg Nibler and Ryan Waniata explored the biggest news stories from the world of tech, including Google's new gaming patent, Apple's upcoming event, and more.
Digital Trends Live

Digital Trends Live: Apple’s March event, Huawei 5G concerns, and SXSW coverage

Apple's latest event and a possible Boring Company tunnel in Las Vegas highlighted this episode of Digital Trends Live. We also joined Pavi Dinamani live at SXSW. She talked with Kimberly Bryant, the founder of Black Girls CODE.
Digital Trends Live

Digital Trends Live: Facebook outage, best of SXSW, and more

On episode 86 of Digital Trends Live, host Greg Nibler discussed trending tech news from a widely felt Facebook outage to the best tech at SXSW. Drew Prindle also stopped by the show to talk about the latest skateboard from OneWheel.
Digital Trends Live

Digital Trends Live: Tesla Model Y, The Missing Link, and good digital hygiene

Episode 89 of Digital Trends Live covered topics including Tesla's newest crossover, as well as an interview with What's Trending co-founder Shira Lazar. We also talked about Laika Studios' latest stop-motion animated film, Missing Link.
Digital Trends Live

Digital Trends Live: Robocalls, robot dogs, and tech in government

On episode 92 of Digital Trends Live, hosts Greg Nibler and Nicole Raney broke down the biggest news stories from the world of tech, including an embarrassing robocall incident, an uncanny robot dog, and Oregon's State Treasurer talks tech.
Digital Trends Live

Digital Trends Live: Apple event recap, digital drive-thrus, and grooming awards

On episode 95 of Digital Trends Live, hosts Greg Nibler and Adrien Warner explored the biggest stories form the world of tech. On the docket this time: A recap of the recent Apple event, McDonald's digital drive-throughs, and more.
Digital Trends Live

Digital Trends Live: April Fools’ pranks, SodaStream in space, and more

On episode 99 of Digital Trends Live, hosts Greg Nibler and Sam Slaughter broke down the biggest news stories from the world of tech, and talked to some fascinating guests, including astronaut Scott Kelly.
Digital Trends Live

Digital Trends Live: Amazon mothership, HP’s 80th-anniversary sale, and more

On episode 101 of Digital Trends Live, hosts Greg Nibler and Dan Gaul broke down the biggest stories from the world of tech, and talked to some fascinating guests. On the docket this time: The Amazon blimp, HP's anniversary sale, and more.