The company said late last year that it had responded to subpoenas from those agencies regarding disclosures it made ahead of its initial public offering. On top of this, Snap is under scrutiny from the Securities and Exchange Commission and the Justice Department. Its head of hardware, Sahil Sharma, exited in December. That same month, the company lost Nick Bell, its vice president for content. Imran Khan, Snap’s chief strategy officer, stepped down in September. The company said in January that its chief financial officer, Tim Stone, would leave, less than a year after he was hired last May. More recently, Snap has endured a wave of executive departures.

YouTube: Susan Wojcicki, YouTube’s chief executive and one of the most prominent women in Silicon Valley, is stepping down from her longtime role leading the internet’s most popular video service.

The move comes after Bing offered an array of inaccurate and at times bizarre responses to some users.

Bing: Microsoft will start limiting the length of conversations with the new chatbot in its search engine.Meta: The parent company of Facebook and Instagram wants users to start paying $11.99 a month for verified blue check marks and other features, taking a page out of Twitter’s playbook.Amazon: The company paused plans to build a second headquarters in Virginia, the latest reminder of the tech industry’s slowdown and the pandemic’s toll on in-office work.Since going public in 2017, Snap has been dealing with increasing competition from Facebook, including its core social network and its other apps, such as Instagram and WhatsApp. The financial report, which sent Snap’s shares soaring more than 20 percent in after-hours trading, follows months of turbulence for the company. “Change is always difficult, and this past year was no exception,” Evan Spiegel, Snap’s chief executive, said in prepared remarks about the company’s earnings. In addition, Snap’s revenue rose 36 percent to $390 million, while its net loss narrowed to $192 million. Snap’s daily active users totaled 186 million in the fourth quarter, the same as in the previous quarter and down just one million compared with a year earlier, after two consecutive quarters of falling user numbers.

The company said on Tuesday that it had stanched the flow of people leaving its platform. SAN FRANCISCO - Snap lost millions of users last year after an unpopular redesign of Snapchat, its ephemeral-messaging app.

Snapchat active users