snapchat

Snap shares soared as high as nearly 17% in after-hours trading Thursday after reporting its highest rates of revenue and user growth in four years.

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Bitmojis are getting an upgrade on Snapchat with a new 3-D design that rolls out Monday.

Snap Inc. is decking out its avatars with more than 1,200 combinations of poses, gestures and backgrounds like cow prints and beach locations. The new avatars are full-body designs with new "Pixar"-like quality that can be shared on and off the platform.

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Snapchat users will now be able to use songs from Kanye West, Lady Gaga and Taylor Swift after Snap and Universal Music Group inked a deal that gives the social media network access to the music giant's expansive catalog.

The deal underscores the ongoing confluence of social media, music and ecommerce.

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