Snap CEO Evan Spiegel says the company plans to lay off ~1,000 full-time employees, or 16% of its global workforce, to cut costs and achieve profitability
Snap CEO Evan Spiegel says the company plans to lay off ~1,000 full-time employees, or 16% of its global workforce, to cut costs and achieve profitability
Snap Inc. is laying off roughly 1,000 full-time employees, or 16% of its global workforce, part of an effort …
Sources: a Snap-Perplexity AI search deal calling for Perplexity to pay Snap $400M has fallen apart; Snap is set to announce significant layoffs on Wednesday
Mass layoffs land tomorrow, the Perplexity deal is dead, and Specs are launching soon. Also: OpenAI has a cyber model too …
Snap announces a partnership between Specs, its AR glasses-focused subsidiary, and Qualcomm, whose Snapdragon XR platform will power Specs' upcoming AI glasses
Specs has long been teasing the next version of its augmented reality glasses. A new partnership with Qualcomm promises some movement in that department.
Snap's stock closed up 14.43% on March 31 after activist investor Irenic outlined steps to boost its value 7x, like cutting staff by 21% and shutting down Specs
Snap shares climbed 14% on Tuesday after activist investor Irenic suggested changes to boost the stock's value 7x, such as cutting staff by 21% and ending Specs
Shares of Snap climbed 14% Tuesday after shareholder Irenic Capital Management sent a letter to CEO Evan Spiegel outlining changes …
The European Commission opens a DSA investigation into Snap for failing to protect kids on Snapchat, including whether it does enough to assess its users' ages
Filing: Apple settled its June 2025 lawsuit against former Vision Pro designer Di Liu, who agreed to return confidential docs to Apple and pay monetary damages
Apple has reached a settlement with a former employee who it says stole thousands of documents before departing for Snap.
Microsoft says former Snap executive Jacob Andreou will lead Copilot for commercial and consumers; Mustafa Suleyman will focus on building new AI models
Microsoft said Tuesday that it's bringing together the engineering groups for its commercial and consumer Copilot assistants, which have yet to gain broad adoption.
Microsoft says former Snap executive Jacob Andreou will lead Copilot for commercial and consumers; Mustafa Suleyman will focus on building new AI models
Microsoft said Tuesday that it's bringing together the engineering groups for its commercial and consumer Copilot assistants, which have yet to gain broad adoption.