Snap hires Amazon.com veteran Tim Stone as its CFO

Tim Stones had played a key role in integrating Amazon.com’s market shaping acquisition of Whole Foods. Snap Inc, Snapchat’s parent, has disclosed, Tim Stone, the Amazon.com veteran who had led the integration of Amazon.com’s $13.7-billion acquisition with Whole Foods, will replace Andrew Vollero as its chief financial officer (CFO). Stone, 51, is currently vice-president of…

U.S. citizens are losing the battle for privacy, states brief filed by U.S. tech companies

The brief urges the U.S. Supreme Court to side with the digital rights of citizens against intrusive governments breaches of privacy. More than a dozen technology companies along with Verizon Communications Inc, the biggest wireless operator in the U.S., have called on the U.S. Supreme Court to formulate rules that will make it harder for…

Snap Inc. AR lenses has great potential for advertisers

Its AR lenses allows just about any object to be used as a billboard. In the next iteration of Snapchat’s Lenses could be a significant evolutionary step: The Information has reported that Snap. Inc is developing a smarter version of its world lenses and cute filters which could overlay images, including advertising, onto almost any real-world…