Snapchat parent’s stock plummets after Kylie Jenner tweet

Kylie Jenner. (Reuters)
Updated 23 February 2018
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Snapchat parent’s stock plummets after Kylie Jenner tweet

WASHINGTON: Snapchat’s parent company lost some $1.3 billion in market value on Thursday after US reality star Kylie Jenner’s tweeted that she was no longer using the messaging service.
“sooo does anyone else not open Snapchat anymore? Or is it just me ... ugh this is so sad,” Jenner tweeted. She later followed up with “still love you tho snap ... my first love,” but the damage may already have been done.
Snap Inc.’s shares fell by over six percent in Thursday trading, a loss of about $1.3 billion in market capitalization. Jenner has huge followings on various social media platforms. She is regarded as the "new queen of Instagram."
She gave birth to a daughter this month, and the announcement became the most popular post on Instagram, surpassing Beyonce’s pregnancy announcement of 2017.
Later, Jenner shared a photo of her new daughter’s tiny hand captioned with the baby’s name, Stormi Webster. The post had collected more than 13 million “likes.”
Born on Feb. 1, Stormi is the first child for Jenner and her boyfriend, rapper Travis Scott.
Twenty-year-old Jenner is the youngest sibling in the Kardashian-Jenner clan.
She kept largely out of public view duri ng her pregnancy.
In a social media post earlier this week, she said pregnancy was “the most beautiful, empowering and life-changing experience” and that she will “miss it.”


Chechen strongman makes Egypt’s Salah honorary citizen

Updated 23 June 2018
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Chechen strongman makes Egypt’s Salah honorary citizen

  • After his team crashed out of the World Cup, Egypt’s star player Mohamed Salah has won a consolation prize in the form of honorary citizenship of Chechnya
  • Kadyrov, supported by Russia’s President Vladimir Putin, rules Chechnya with an iron fist, drawing constant condemnation from human rights groups

MOSCOW: After his team crashed out of the World Cup, Egypt’s star player Mohamed Salah has won a consolation prize in the form of honorary citizenship of Chechnya.
Chechen strongman Ramzan Kadyrov wrote on Telegram that he had presented the Liverpool star with the honorary title while hosting a dinner for the Egypt team, whose World Cup training base is in the Chechen capital Grozny.
“Mohamed Salah is an honorary citizen of Chechnya! That’s right!” Kadyrov wrote late Friday.
“Tonight I signed a decree to grant the high honor to the great footballer who plays for Egypt and Liverpool.”
Kadyrov, supported by Russia’s President Vladimir Putin, rules Chechnya with an iron fist, drawing constant condemnation from human rights groups.
He is known as an ardent football fan and in 2013 took to the public address system during a match involving Chechen team Akhmat (formerly Terek) to publicly insult the referee.
Salah has been photographed smiling and clasping hands with Kadyrov during the tournament.
Egypt crashed out of the World Cup after losing to Russia 3-1 on Tuesday, with Salah returning to action for the first time in three weeks following a shoulder injury but unable to save his team. The Egyptians play their final match against Saudi Arabia on Monday.
Kadyrov said that at “a gala dinner that I gave for the Egypt team I presented Mohamed Salah with a copy of my decree and a lapel badge. This is a well-deserved honor!“
The Chechen leader has previously presented French actor Gerard Depardieu with the same honorary title.
He also said that he was confident that Akhmat would play a friendly with the Egyptian national team in Grozny at some future date.
Kadyrov said Salah had praised the “wonderfully warm and good welcome” the team received in Grozny.