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Snap Inc’s Stock reaches a Record Low

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Snap Inc's Stock reaches a Record Low

Snap has hit the all time low figure for its share price, closing at $4.85 on Friday. Ever since the company was made public last year, the share price has been dropping only. Opening at $17, the company is today at less than $5. Just ahead of Christmas holidays, having such a blow is proving harmful for the company.

This drop took place as the investors started questioning the future of Snapchat. The company has failed to impress its investors on how it plan on making the product successful in future and grow its user base. Moreover, with rate hikes of Federal Reserve and impending government shutdown, the company is facing a lot of struggles.

And these struggles are not just it.

There is a head on collision of Snapchat with Instagram, which copied its stories feature and has now become one of the biggest growing social media platform. Add to that, some of the bad decisions taken by Snap Inc., such as changing the design of the product very quickly which received a lot of criticism. This eventually led the company to change the design again.

Also, since Snap couldn’t meet the internal goals this year, its employees will also not be getting any cash bonus for the 2nd consecutive year. Many major heads of the company have also left, such as engineering head, communication lead, marketing head, business head, and so on.

Ever since it has been launched, after just a minor rise, it is dropping rapidly. And the fall has become more prominent in the last few days.

Poor redesign in Q1, and impending Government actions, clubbed with failure to win over the investors are some of the major causes why Snap Inc’s stock has reached a record low on Friday.

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

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Resist Temptation and Get More Productive With Website and App Blockers

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From reading the latest news to looking for your next big vacation (or being captivated by social media), the Internet has become a massive landscape of diverse content. With the digital world filled with countless distractions, resisting temptation and being able to focus has become more and more difficult. The development of website and app blockers provides a simple solution to avoid scooting down portal pathways that hinder productivity and, sometimes, lead to negative consequences. 

As a worldwide societal phenomenon, the Internet is rapidly evolving, with entire economies and personal relationships relying on the web. A website and app blocker intentionally restricts access to specific internet sites and apps through software programs. Website and app blocker software can be downloaded as add-ons or extensions for browsers, like website blocking on Chrome. Such blocking can include programs that assist in URL-based blocking, Platform-based blocking—specifically when using search engines, and Domain Name Systems blocking, which all make it difficult to access specified domains and websites on the Internet. 

Many website and app blockers allow you to enter websites and apps that you want to restrict access to for a certain time period throughout the day or a certain length of time. This can be helpful to those who need to focus on studying but keep falling into temptation’s trap, straying away from what needs to be done to engage in unnecessary Google searches or scrolling through Instagram posts. 

However, there are website and app blockers that can permanently restrict access to specified sites and apps. With potentially crucial reasons to restrict access to Internet content, blocking software could improve daily lives. Those struggling with shopping addiction or facing negative consequences at work for an inability to remain focused may find website and app blockers incredibly beneficial. 

Website and app blocking isn’t confined to personal, individual use. It has become a rising trend for many governments to utilize this software when blocking illegal content. Yet, the software can also help parents, guardians, and other family and friends block access to harmful content and inappropriate material for children. 

By restricting access to certain websites or apps, you allow yourself to build new and more productive habits, or keep yourself and your kids safe. Through establishing “forced focus” times for yourself, concentrating solely on your work or tasks at hand becomes easier. Protectivity has many proven benefits. Committing to what needs to be done can help build your self-worth, creating a feeling of accomplishment that is good for your mood. Even if the things you need to focus on and get done are smaller tasks in nature, accomplishing your daily tasks can help ward off excessive stress and anxiety, as well as depression.

NetNanny, BlockSite, and Surfblocker as some of the most effective website and app blocking software. BlockSite is a blocking software used globally by millions of people, and it provides relief from temptation by temporarily blocking websites and apps, so you can focus, be productive, and build self-control habits. 

Whether you are trying to keep yourself in check or your family safe, website and app-blocking software limits screen time while providing customization to users that help tailor usage to individual needs. 

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