The company applied for lending and payment approval in the hopes of offering its users the ability to “hold balances, receive funds and make payments within ​its app,” according to Reuters.

The feature will launch with “Coachella TV” in April and offer 24/7 streaming access to archival performances and 2026 festival highlights.

Updates to the video generation app included higher quality exports, music generation tools and artificial intelligence-powered avatars.

Uploaded PDFs in a carousel format are more popular on the platform than videos, according to new benchmark data from Socialinsider.

The update will allow creators to decide when non-followers see their content, which could help align posts with regional engagement times.

The program launched in February for Snap Stars and offers exclusive ways to monetize content, such as subscriber-only Stories.

The emoji-based experience is available globally and mirrors similar engagement efforts from Threads and LinkedIn.

Although a new report found that about 4.7 million teen social media accounts were removed, deactivated or restricted, children still had access to the apps.

The platform’s AI tool will allow users to “make conversational queries” about in-app content and get in-stream responses.

The annual presentation will be hosted by comedian Trevor Noah and will include a performance by musician Chappell Roan.