"Snapchat CEO Declares 'Social Media Is Dead' in Internal Memo"

Snap CEO Evan Spiegel sent a memo to employees declaring "Social Media is Dead" and emphasizing Snap's unique role in making people happy, while outlining the company's 2024 priorities, including a focus on user growth, ad targeting, and AR products. Spiegel also took aim at rivals, criticizing them for connecting pedophiles, fueling insurrection, and recommending terrorist propaganda, positioning Snapchat as a platform offering happiness and close relationships, in contrast to the negative impact of other social media platforms.