(Los Angeles, CA) – Kylie Jenner may be the reason Snapchat lost over one billion dollars in stock value. The fall in Snap Inc. shares occurred after the reality TV star tweeted out this week that she doesn’t use the app as much as she did in the past.
The confession comes on the heels of backlash Snapchat has received over its latest update, with some people arguing that it has made the app harder to use. Jenner is reportedly the most-watched person on the platform. But Vox got to the core of the decline and apparently Snapchat has been struggling for awhile now.
Snapchat has had an uneven fiscal year — mainly because of Instagram. Instagram has directly targeted Snapchat’s predominantly teen user base by mirroring several of its features, most notably by creating Instagram Stories, a feature of Instagram that is extremely similar to Snapchat Stories and now boasts more users than Snapchat’s entire user base.
Snapchat went public in March 2017 despite warning investors that it might never turn a profit. Then it saw a decline in new users — a trend broadly attributable to the belief held by many that people were using Instagram Stories instead.
By August 2017, predictions loomed that Facebook, which owns Instagram, would ultimately put Snapchat out of business. Then Snapchat suffered three quarters in a row where profits were lower than expected, followed by year-end predictions of ongoing financial gloom.
Snapchat’s final quarter earnings last year were actually better than expected for the first time ever, and the company’s stock was up 25 percent. But that’s partly because investors were reacting with optimism to the redesign — which users turned out to despise.
So all these factors, exacerbated by the groundswell of user outrage throughout the start of 2018, were probably what investors were thinking about when they read Jenner’s tweet. Those who sold their shares probably weren’t reacting specifically to Jenner talking about her Snapchat habits, or worried that she might singlehandedly devalue the app. Instead, they probably saw the tweet as the cap-off to a trend of overall decline.
(SL) – Add one more the Jenner/Kardashian clique. After months of speculation, the youngest of the bunch 20-year old Kylie finally confirmed her pregnancy after she gave birth to an 8lb 9oz healthy baby girl.
Kylie has been MIA since rumors started that she was expecting her first child with rapper Travis Scott. She took to social media to explain to her fans why she was so private about her pregnancy.
She may have kept her pregnancy away from the public, but she documented the whole journey. Kylie released a video dedicated to her daughter on youtube and it shows the reality star in different phases of her pregnancy with boyfriend Travis Scott by her side.
Kylie and Travis seem to have gotten pregnant almost immediately after they started dating in April. No word yet on when Kylie will share a full snap of her new bundle of joy! They have not announced the baby’s name yet either. The child was born at Cedars-Sinai in Los Angeles.
(SL) – By now, you’ve certainly heard that the youngest of the Jenner/Kardashian clan is pregnant. Kylie Jenner, who just turned 20 last month is reportedly 4-5 months pregnant and Rapper Travis Scott is the daddy.
But in a Maury moving moment, Tyga told his snapchat followers that it was his kid. He quickly deleted the innuendo. But, why would he issue a paternity claim? Well, it appears Tyga and Kylie reportedly broke up shortly before she started dating Travis.
E! Online tracked the last time she was photographed with Tyga on March 13th when they were heading to dinner with her family. Other reports put their last sighting later on March 19th.
By April 11th, she reportedly was seen sitting on Travis Scott’s lap and by April 12th-15th the two were photographed holding hands at Coachella.
No word yet on if he was serious or not, but Kylie (20) and Travis (25) are rumored to be elated about their baby news.
Time will certainly tell. In the meantime…Congrats is in order.
(SL) – Kylie Jenner was spotted with her sister, best friend Jordan and Bella Hadid out in London. They were supporting her boyfriend Travis Scott at his concert.
The Jenner girls are now being sued by famed photographer Michael Miller for those Tupac shirts. Miller claims that he never gave them permission to use the images let alone sell them.
KYLIE. Baby girl….LEAVE.YOUR.FACE.ALONE.
(SL) – The Kardashian/Jenner are know for borrowing ‘other people’s stuff’ and turning it into their own. But, I don’t know how far they’re going to get trying the estates of Christopher Wallace ‘Notorious BIG’ and Tupac Shakur.
The latest scandal comes in the form $125 shirts featuring the likeness of Biggie and Pac and of course themselves. The garments have received heavy criticism from various people and now Biggie’s mom is calling the sisters out for their blatant disrespect and exploitation.
In the limited vintage collection the Jenners’ faces and the brand’s logo have been printed over the shirts’ original artwork—which includes images of rap artists Tupac and Biggie, plus album art from Metallica, Pink Floyd, and more.
Who told them that it would be a good idea to superimpose their images over the likes of these great artists is beyond me. Countdown to the next lawsuit in 3,2….and ….
(SL) – The Jenner sisters made sure to make their rounds at the Met Gala taking publicity op photos where allowed and posting without caution; even breaking a Met Gala ‘NO SELFIE’ rule.
But it didn’t look like they were the only ones, so no big deal. However, one photo is garnering a lot of attention because after Kylie posted the pic featuring her rumored beau Travis Scott and a host of other black entertainers including Sean puff daddy, diddy Combs, the Hip Hop Mogul re-posted it but cropped them out of it.
It’s understood why. If your posting about black excellence, they certainly don’t fit the criteria…but gosh…it was a bit savage.
I do question why these young ladies felt the need throw their middle fingers up? Was that the cool thing to do? I can’t handle women in $5,000 dresses displaying $2 behavior. So unnecessary and really not that cool. A little bit of class is always needed, especially at the Met Gala. As for the revised pic, Diddy wanted to show some team love and well the only way to do that was to crop them out, right?!
Diddy for the win..
(SL) – If the Kardashians and Jenners were looking for some content to keep their show afloat the past few months have given them plenty. Let’s start with Kanye’s breakdown. The Grammy nominated artist has reemerged with blonde hair and rumors of a new album. Nothing wrong with that…the real talk is that his breakdown will be prominently featured on the TV show. Not surprised considering that Lamar flat-lining was exempt from coverage so you know they will spotlight Ye’s mental collapse.
There were also rumors of a divorce to which sources are saying whereas it has been a rough few months for Kim and Kanye there are no plans to call it quits. I don’t see these two breaking up..they both knew what they were getting into when they hooked up. Collectively a part of each other’s brands now, it wouldn’t be that easy to let it go.
Speaking of baby daddies, Khloe is now under criticism for dating Cavs player Tristan Thomas who is rumored to have left his pregnant girlfriend to keep up with Khloe. People are referring to Khloe’s criticism of Rob when he disappeared on China while she was pregnant saying that no man should ever do that to a pregnant woman but here she is laid up with Tristan who allegedly left his baby’s mother for good. Khloe also put her plumped up cakes on blast for her new GQ Germany feature where she posed for the upcoming January issue in a sexy, black one-piece ensemble. Sporting a waist-length blonde weave the 2nd to youngest Kardashian tapped into her inner Beyonce for the shoot.
While we’re on Kim and Khloe, add to Kourtney to the mix and Blac Chyna soon to become Angela Renee Kardashian and you’ve got a recipe for Trademark drama. Chyna’s attorney attempted to trademark Angela Renee Kardashian and Kim, Khloe and kourtney’s lawyers jumped into action.
According to court documents obtained by PEOPLE, the Kardashian siblings’ companies are legally opposing soon-to-be- sister-in-law Blac Chyna‘s attempt to trademark her presumptive married name, Angela Renée Kardashian. Kim, Khloé and Kourtney Kardashian already have an up-and-down
Continue reading The Kardashians..See If You Can Keep Up: Lawsuits,Trademark Blockage, Copycat Claims, Divorce, Plastic Surgery, Stepmom Khloe and Kanye! Ready?
(SL) – As more and more details about Charlie Sheen’s love life are revealed it appears that one of his lovers, a transgender escort by the name of Mia Isabella was also involved with rapper Tyga, at one point.
In July, Isabella spoke out up about their alleged affair addressing the allegations between her and Tyga to VH1. “This person is not the man I love but I have loved a few incredible and celebrated men in my life.”
Tyga’s camp claimed that the controversy was a plan to “maliciously shame” the rapper.
His attorney, Lee Hutton, says that someone used the “Rack City” rapper’s nude photos to spread rumors about him. Tyga’s lawyer also prepared proper cease & desist actions, but Mia Isabella was unfazed and released videos about the relationship including the one below.
Isabella reportedly posted photos of her and Tyga having sex. Isabella also threatened Tyga that she would have their alleged sex tape posted, if he didn’t pay her.
Her Instagram page was instantly removed, since it contained graphic and sexual photos that violated the company’s policy. Isabella claimed that the photos were of her and Tyga having sex.
She opened up to Entertainment Tonight about Charlie Sheen:
Sheen’s ex-girlfriend, Mia Isabella, told ET exclusively that she’s praying for the actor. “That is hard news to hear I’m saddened but know him as an incredible person and advocate,” Isabella said. “My memories of him reflect a warrior and super brave person so I know he will navigate through this with strength. He isn’t afraid of facing any public scrutiny and speaking frankly and I have nothing but admiration for his friendship.”
(SL) – Kylie Jenner’s latest photo shoot might be one of her most revealing yet and one can’t help but notice all of her enhancements. The weave, bronzer fake nails, lashes, pumped up lips, hips and derriere, granted photo shop is alive and well but Kylie obviously has some explaining to do. One main question, why? This child is barely 18. Recent images also show her endorsing the fake magic of a waist-trainer.
The teen seemingly can’t wait for mother nature to finish her work. But, if you follow in Kim, Kris, Khloe and Bruce/Caitlyn’s footsteps, it’s nothing a good doctor can’t fix.
Whereas she doesn’t have the chiseled model features like older sister Kendall, I always thought Kylie’s looks were more commercial…little lips and all. I wonder if she knows how cute she is without the enhancements. I just hope everything is in fact….temporary.
She spent months denying lip injections before coming clean; and as for her more curvaceous body, the baby of the group blames a 15lb weight gain. I’m no body expert but I’ve never seen a person’s whole body take on a completely different shape because of weight gain.
Take a look at the Gallery and it’s clear there’s a little bit more going on than just added pounds. Kylie, you’re beautiful just the way you are!
Mandatory Credit: Photo by Startraks/REX (1248483ck) Kylie Jenner ‘Burlesque’ film premiere, Los Angeles, America – 15 Nov 2010