Snapchat’s ‘Reals’ joke mocks Instagram’s many ripoffs

It’s April Fools’ Day, and Snap is using the occasion to “announce” that it’s switching the name of Snapchat’s Spotlight feed, the app’s Instagram Reels-like feed of shortform vertical videos, to “Reals.” In a video featuring co-founder and CEO Evan Spiegel, Snap also includes a description of “Reals” as a place where “real people share … Read more

The Trump administration’s antitrust honeymoon is over

“It’s not personal, Sonny, it’s strictly business.” That quote was first delivered by mob boss Michael Corleone in The Godfather, but last Monday, it became the title of a speech by the Justice Department’s acting antitrust chief Omeed Assefi. At a George Washington University event co-hosted with the publication MLex, Assefi described an agency firing … Read more

SpaceX reportedly files for IPO but it’s keeping the numbers secret (for now)

The world’s first trillionaire? | Image: Cath Virginia / The Verge, Getty Images What’s expected to be the biggest IPO in human history is reportedly underway. SpaceX has filed for an initial public offering with the Securities and Exchange Commission, according to a report from Bloomberg. But for now, the filing is confidential. Under SEC … Read more