IT

Snapchat denies its CEO labeled India as 'poor'

Snapchat denies its CEO labeled India as 'poor'

Snap (SNAP.N) shares dropped 1.5% as it faces a backlash over alleged comments made by CEO Evan Spiegel about not being interested in promoting growth in the "poor" countries of Spain and India.

Snap Inc, the maker of the application Snapchat has been grabbing headlines as remarks allegedly made by the company's CEO, Evan Spiegel has hurt sentiments of increasingly sensitive Indians.

The ex-employee, Anthony Pompliano, was sacked in 2015 after only three weeks at the company. In the document, Pompliaono, who was the company's growth lead for a few weeks in 2015, recounts a September 2015 meeting he had with the CEO regarding Snapchat's global growth plans.

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Dykstra said the US has increased its dairy exports to Canada by 17 per cent over the last few years. "The U.S.is the elephant". The Dairy Farmers of Canada said on Tuesday it was confident Ottawa would "continue to protect and defend" the dairy industry.

"This is ridiculous", a spokesperson at Snapchat said in a statement.

Pompliano was sacked in 2015 after only three weeks at the company.

It's subtle, but Zuckerberg is very likely alluding to Snapchat's reputation as an app for the affluent, especially in the wake of the India scandal.

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The Snapchat controversy in India has created a lot of buzzes.

In spite of the denial, angry Snapchat users took to the internet. Hashtags like #BoycottSnapchat and #Uninstall Snapchat have also started trending on Facebook and Twitter.

But as Indians took to their respective app marketplaces in defense of their country's honor, some locked onto the wrong target.

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White House press secretary Sean Spicer , however, compounded the confusion, by doubling down on the President's assertions. Pentagon chief Jim Mattis said the Vinson was "on her way up" to the region.

Meanwhile, quite unfortunately, stuck in the crossfire was Indian-based e-commerce company Snapdeal, as users mistook Snapdeal for Snapchat. He raised concerns with company executives that advertisers were being misled. Funnily enough, it looks as though Snapchat's user data will suffer a painful blow regardless of whether or not Pompliano's accusations are found to be true. He is a senior at American University double majoring in International Studies and Philosophy with a focus on social justice in Latin America.


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