Snap Earnings Post Higher Than Expected Revenue, User Growth

CBS Local/CNET — Facebook and Instagram may have successfully borrowed a lot of Snap’s designs, but it still has a few tricks up its sleeves.
The social networking company, known for its disappearing messages and popularity among teenagers, surprised Wall Street Tuesday when it announced better-than-expected sales of $285.7 million and a daily user count of about 187 million, 5 percent higher than the 178 million it counted in November last year.
Investors were impressed. T