Cheddar morning business update 8/11: Snap shares plunge after disappointing month of earnings

Posted: Updated:
NEW JERSEY -
  • Shares of Snapchat's parent company, Snap, fall after users only increase by seven million from the first quarter.
  • Amazon is seeking to partner with venue owners to sell event tickets.
  • Consumer Reports is no longer recommending Microsoft Surface devices after a study estimates 25% have problems by the end of the second year.
sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 5 view limit
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please login, create an account or subscribe to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."