Topic: competitor pressure
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Snap Splits Into 'Startup Squads' Amid Ad Revenue Slowdown
Snap Inc. is restructuring into small "startup squads" to boost innovation and compete more effectively, as announced by CEO Evan Spiegel. The company faces challenges with stalled ad revenue growth and a decline in daily active users in North America, its key market. Snapchat+ has emerged as a b...
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Analogue 3D Delayed Again Due to Tariffs, Frustrating Nintendo 64 Fans
The Analogue 3D, a premium retro Nintendo 64 console, faces another delay until late August due to unexpected tariffs on imported components, though preorder prices remain unchanged. New tariffs (25%-40%) on electronics from East Asia forced Analogue to adjust its timeline, absorbing costs rather...
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