Snapchat's daily user count slips to 188 mn
San Francisco, Aug 8 : Snapchat's daily active users number shrank 1.5 per cent to 188 million in the second quarter of 2018 -- down from 191 million in the last quarter, its parent company Snap has said.
Although the company's revenue increased 44 per cent to $262 million -- compared to $182 million revenue in Q2 2017 -- it appears that Facebook-owned Instagram "Stories" has stalled Snapchat's growth.
More than 400 million people use Instagram's "Stories" feature daily to post photos and videos that disappear after 24 hours.
"We are excited by the progress we have been making and are optimistic about the opportunities ahead as we continue to invest in innovation," Evan Spiegel, Snap CEO and Co-Founder, said in a statement on Tuesday.
Snapchat for the first time shared the number of monthly active users -- 100 million in the US and Canada. Cash used in operating activities was $199 million in Q2 2018.
The net loss decreased 20 per cent to $353 million in Q2 2018 -- compared to a net loss of $443 million in Q2 2017, said the company.
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SSLC exam begins in Kerala; Education Minister wishes students success
Thiruvananthapuram (PTI): The SSLC (Class X) examination commenced in schools across Kerala on Thursday.
Kerala General Education Minister V Sivankutty wished students appearing for the SSLC examinations success and urged them to approach the tests with confidence.
Apart from the SSLC examination, the Plus One examination also commenced on Thursday, while the Plus Two examination will begin on Friday.
As many as 4,17,497 students are appearing for the SSLC examination, which is being held at 3,047 centres.
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A total of 633 students have registered for the SSLC examination from the Lakshadweep region.
Similarly, 633 students have registered for the SSLC examination in the Gulf region, where the examination has been postponed due to the ongoing conflict in West Asia.
The examination will conclude on March 30.
According to the Education Department, valuation camps for the exam papers will be held from April 7 to April 28, and the results are expected to be declared in May.
Sivankutty, in a Facebook post, said examinations should not be viewed with anxiety but as an opportunity to express the knowledge students have acquired.
Noting that students are appearing for the exams after completing their studies with revised textbooks based on the New Curriculum Framework 2023, introduced after a gap of 11 years, the minister said the new evaluation system aims to assess 21st-century skills such as critical thinking, analytical ability and creativity.
He also assured students that there are no changes in the examination structure this year and cautioned them against attempts by some people to deliberately spread fear in connection with the exams, urging them to reject such messages with discretion.
He reminded students that the Class 10 examination is only a qualifying test for higher studies and that the government has ensured Plus One seats for all students in Kerala.
The minister further urged students to prioritise their physical and mental health during the exam period by maintaining proper sleep and food habits.
“This is not the last examination in life. A world of opportunities lies ahead of you. Enter the examination hall with a calm mind,” he said, wishing all students success.
As many as 4,11,025 students have registered for the Higher Secondary (Plus One) examination and 4,52,437 students for the Higher Secondary (Plus Two) examination, which will conclude on March 28.
