The video messaging platform Snapchat had a worldwide outage that lasted for four hours late on Monday. The global outage led to a massive complaint on rival social media Twitter. The outage comes few hours before the company posted their quarterly earnings for the third quarter of the year.
Addressing the issue on its support Twitter account, Snapchat stated that, “We’re aware of the issue and working on a fix,” as they also advised their users to stay logged on to the app as the issue is being resolved.
Many snapchat users on Twitter expressed their disappointment as they were unable to log on to their accounts for hours. Snapchat is a social media platform that is very popular for young people as it allows pictures to be posted with an automatic deletion to occur 24 hours after that.
A Twitter user with the handle @bradleykeegan11 wrote on his timeline, “(Snapchat) won’t let me log in and keeps saying ‘could not connect’.”
When contacted, a spokesman for Snapchat Inc. couldn’t comment on the issue immediately thus there is no idea what the cause was of how big the issue is. Last month alone, the platform had to deal with a lot of technical issues as was indicated on their Twitter support page.
Snap Inc. the parent company went public back in May. The company is set to release their Q3 earnings report to their shareholders later today. Due to the technical issue, their stock was down by 2.8%, trading at 14.83 on Monday. This figure is way below their IPO price which was $17.
Chief Operating officer of Lyft to quit post by end of the year.
The transport service company based in the U.S will have some adjusting to do as their Chief Operating Officer Rex Tibbens has decided to leave his role by end of the year. This was according to the company’s internal memo that was accessed by Reuters.
Lyft is close to hiring an advisory firm to help with its planned IPO, thus the news of Rex Tibbens departure will affect the company. It is very important that the company has all the major roles filled before they go public.
When contacted by Reuters, a spokesman for the company confirmed that Rex Tibbens will be leaving. He also stated that the company is already looking for Rex’s successor.