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| Kylie Jenner 'sooo over' Snapchat - and Wall Street panics | |
| (35 minutes later) | |
| The stock market value of Snap, owner of the Snapchat messaging app, fell $1.5bn after reality TV star Kylie Jenner said she no longer used it. | The stock market value of Snap, owner of the Snapchat messaging app, fell $1.5bn after reality TV star Kylie Jenner said she no longer used it. |
| Ms Jenner told her 24.5 million Twitter followers: "sooo does anyone else not open Snapchat anymore?" | Ms Jenner told her 24.5 million Twitter followers: "sooo does anyone else not open Snapchat anymore?" |
| She was adding her powerful social media voice to the growing criticism of Snapchat's re-design. | She was adding her powerful social media voice to the growing criticism of Snapchat's re-design. |
| Snap boss Evan Spiegel had something to soften the blow, though, with news his total pay was a huge $600m last year. | Snap boss Evan Spiegel had something to soften the blow, though, with news his total pay was a huge $600m last year. |
| Shares in Snap fell more than 8.4% to $17.8, falling back close to the $17 price at which the shares were listed when the company floated on Wall Street. | Shares in Snap fell more than 8.4% to $17.8, falling back close to the $17 price at which the shares were listed when the company floated on Wall Street. |
| The disappearing messaging app was re-designed in November. But many users criticised the change, and one million people signed a petition. | The disappearing messaging app was re-designed in November. But many users criticised the change, and one million people signed a petition. |
| Ms Jenner, the half-sister of celebrity Kim Kardashian, tweeted: "sooo does anyone else not open Snapchat anymore? Or is it just me... ugh this is so sad." | Ms Jenner, the half-sister of celebrity Kim Kardashian, tweeted: "sooo does anyone else not open Snapchat anymore? Or is it just me... ugh this is so sad." |
| She did, though, later tweet a follow-up: "still love you tho snap... my first love". | She did, though, later tweet a follow-up: "still love you tho snap... my first love". |
| Snapchat has rejected complaints about the re-design, with Mr Spiegel saying earlier this month that users just need time to get used to it. | Snapchat has rejected complaints about the re-design, with Mr Spiegel saying earlier this month that users just need time to get used to it. |
| The criticism from Ms Jenner was followed by news that Mr Spiegel received $637.8m as total compensation last year after the company went public. | The criticism from Ms Jenner was followed by news that Mr Spiegel received $637.8m as total compensation last year after the company went public. |
| It is thought to be the third-highest annual payout ever received by a company's chief executive, although the compensation package was heavily boosted by the award of shares in the company. His salary for 2017 was $98,078 | It is thought to be the third-highest annual payout ever received by a company's chief executive, although the compensation package was heavily boosted by the award of shares in the company. His salary for 2017 was $98,078 |
| The package trails the 2007 and 2008 compensation packages for Daniel Och, head of hedge fund Och-Ziff Capital Management. | The package trails the 2007 and 2008 compensation packages for Daniel Och, head of hedge fund Och-Ziff Capital Management. |
| He received an annual compensation of $918.9m in 2007 and $1.19bn in 2008. | He received an annual compensation of $918.9m in 2007 and $1.19bn in 2008. |