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thenextweb
Snap cuts 1,000 jobs as Spiegel bets AI can do the work of a bigger workforce

Snap is cutting roughly 1,000 jobs, or 16% of its full-time workforce, as CEO Evan Spiegel cites AI-driven efficiency gains and pursues more than $500 million in annualised cost savings. The layoffs follow a public campaign by activist investor Irenic Capital Management, which had explicitly recommended eliminating about 1,000 roles. SNAP shares jumped roughly 8% […]<br /> This story continues at The Next Web [...]

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Destination
Snap is laying off 16 percent of its workforce, blames AI

Snap is laying off around 1,000 staff, amounting to 16 percent of its workforce, which it will seemingly replace with AI. The cuts were announced in a company-wide memo from CEO Evan Spiegel, who adde [...]

Match Score: 122.45

Destination
Snap says new 'lightweight' AR glasses will come in 2026

Snap's next generation of standalone augmented reality glasses will arrive next year and will be smaller, lighter and more powerful than the developer-focused device the Snapchat maker introduced [...]

Match Score: 76.04

Destination
Snap is bringing shopping features to its AR glasses

Snap is continuing to lay the groundwork for its first consumer-ready AR glasses called Specs. While the company has still revealed few details about the device set to launch next year, it used its Le [...]

Match Score: 72.80

Destination
Mark Zuckerberg, Adam Mosseri and Evan Spiegel ordered to testify in trial over social media addiction

Meta CEO Mark Zuckerberg, Instagram chief Adam Mosseri and Snap CEO Evan Spiegel will have to testify in an upcoming trial that deals with social media safety and whether the executives' platform [...]

Match Score: 71.35

Destination
Snap is spinning off its AR glasses into a separate business

Snap’s augmented reality glasses business will now be its own entity, with the company establishing Specs Inc. as a wholly owned subsidiary. It will enable Snap to more easily secure investors and p [...]

Match Score: 68.75

Destination
Snap and Perplexity sign $400 million deal to put AI search directly in Snapchat

Snap and Perplexity AI have struck a $400 million deal that will bring the AI search engine directly to Snapchat sometime in "early 2026," the two companies announced. With the partnership, [...]

Match Score: 62.05

venturebeat
Upwork study shows AI agents excel with human partners but fail independently

Artificial intelligence agents powered by the world's most advanced language models routinely fail to complete even straightforward professional tasks on their own, according to groundbreaking re [...]

Match Score: 57.79

Destination
Snap is bringing back 2D Bitmoji for Snapchat+ subscribers

Snap is offering Snapchat+ subscribers the chance to have 2D Bitmoji avatars once again. In the coming days, they’ll be able to activate a setting called Comic Bitmoji. Snap said this will revive †[...]

Match Score: 56.04

Destination
Trump's defunding of NASA would be catastrophic

"This is probably the most uncertain future NASA has faced, maybe since the end of Apollo," Casey Dreier tells me over the phone. Dreier is the chief of space policy at The Planetary Society [...]

Match Score: 52.44