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SNAP COST CUTTING
Byju's Aakash endgame; Startup deal street wakes upHappy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.- L’Oréal acquires Innovist in big D2C deal; Dhan’s FY26 profit shrinksL’Oréal has bought Innovist to claw back momentum in India’s hyper-competitive beauty market. This and more in today’s ETtech Top 5.
- Snap bets on AR glasses in post-smartphone raceSnap, the parent company of social network Snapchat, on Tuesday launched its Specs augmented reality glasses, a major bet by a struggling c...
- Ahead of Market: 10 things that will decide stock market action on FridayIndian equities witnessed sharp swings before ending lower amid expiry-day volatility and rising geopolitical concerns. Profit booking in b...
- 100 days of Iran war, Rs 4,50,000 crore wiped out: Is your stock portfolio safe from missiles?Indian equities have lost Rs 4.5 lakh crore in 100 days as the Iran-led West Asia conflict and a global AI trade unwind trigger sharp FII o...
- Resurgent political risk derails rallies across emerging marketsEmerging markets are experiencing a fresh wave of political turmoil, impacting Latin America and Eastern Europe. Upcoming presidential elec...
- ‘Fortune cookie wisdom’: Shark Tank’s Anupam Mittal trashes startup advice amid tech layoffs, reveals when he got laid offTech sector layoffs are widespread. Anupam Mittal shares his 2001 job loss experience. He criticizes the advice to start companies using AI...
- US Stocks end lower on mounting inflation worriesU.S. stocks declined Friday as rising crude prices fueled global inflation fears, pushing Treasury yields higher and making equities less a...
- US stock market crashes today: What’s happening with Dow Jones, S&P 500 and Nasdaq as $200 billion vanishes in minutes from US stocks - Dow plunges 565 points, all sectors sink while oil surges with WTI up 3.4% and Brent jumping 5%US stock market crashes today. Investors are asking what’s happening with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. ...
- Are you safe? SSA calculation change could slash Social Security and SSI benefits — who’s hit hardest?Social Security and SSI benefits cut 2026: A proposed Social Security Administration rule could penalize SSI recipients living with family ...
- Big Tech pours billions into AI while thousands pack their bagsBig Tech's March quarter 2026 earnings reveal a significant AI-driven transformation, with revenue up across the board. Companies are proje...
- Dollar set for sharp weekly loss versus yen after Japan steps inThe dollar logged its sharpest weekly drop against the yen since February amid suspected Japanese intervention. Authorities signalled disco...
- Global Markets | Australian shares end lower; softer-than-expected core inflation limits slideAustralian shares closed at a near four-week low on Wednesday but pared early losses after a softer-than-expected measure of core inflation...
- Global Market Today: Asian stocks drop at open, Brent snaps advancesAsian stocks opened lower, mirroring a tech selloff on Wall Street driven by concerns over AI investment returns ahead of key earnings. Tre...
- Snap layoffs grow as AI push leads to 1,000 job cuts and major cost savingsSnap layoffs show how AI is changing jobs in big tech companies. The company is cutting workers to save money and improve speed using new t...
- Snap layoffs: CEO Evan Spiegel cites productivity gains from AI adoption in note to employeesSnap Inc. is laying off 1,000 employees, approximately 16% of its workforce, and eliminating over 300 vacant roles. CEO Evan Spiegel cited ...
- He was laid off from Snap two years ago. Though sad, he looked forward to new possibilities and more family time. What is he doing now?The company that operates Snapchat has unveiled another large-scale downsizing move. In an official update, Snap Inc. stated on Wednesday t...
- US Stocks: Snap to cut 1,000 jobs after activist pressure, bets on AI efficiency; shares up 5%Snap will lay off about 1,000 employees, including 16% of full-time staff, the company said on Wednesday, becoming the latest tech firm to ...
- Snap stock price: Here's why Snap Inc. shares are up todaySnap stock price moved higher after the company announced layoffs affecting about 16% of staff and more than 300 open roles. Snap Inc said ...
- Job cuts in U.S.: Massive lay offs underway in Snapchat parent company. Check severance package, which employees are losing jobs right now?Snapchat, Meta, Nike, Citigroup, Morgan Stanley employees are under the job cuts threat. AI-driven automation is exposing multiple sectors ...
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