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Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
Tech CEOs summoned to Capitol for June hearingTop tech leaders are returning to Capitol Hill. Mark Zuckerberg of Meta, Sundar Pichai of Alphabet, Shou Zi Chew of TikTok, and Evan Spiege...
Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
Snap says $400 million AI search deal with Perplexity was called off "amicably"Snap has amicably ended its partnership with AI startup Perplexity, canceling plans to integrate Perplexity's AI search into Snapchat. The ...
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...
Tech layoffs top 73,000 in 2026 as AI drives cuts at Meta, Oracle, othersTech giants are slashing thousands of jobs in 2026, with Meta, Snap, Oracle, and Atlassian leading the charge. AI and automation are cited ...
TCS declares Nashik WFH; Wipro Q4 resultsTata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ET...
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 ...
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 ...
Snap layoffs: Company may cut up to 1 in 5 jobs; Perplexity integration called offSnap Inc. is reportedly planning substantial job cuts, potentially impacting 15-20% of its workforce, as reported by Alex Heath. While some...
Snap CEO Evan Spiegel mocks Mark Zuckerberg, says he’s ‘VP Product’ at Meta and not its CEO; here's the reason he citedSnapchat CEO Evan Spiegel recently took a humorous step by changing his LinkedIn title to 'VP Product @ Meta' in a bid to mock the Mark Zuc...
AI to cut barriers to creativity for developers, creators, says Snap CEO Evan Spiegel on India visitSpiegel emphasised the role that AI is expected to play in image and video creation. He said AI has the potential to bridge the gap between...
Ajit Mohan to lead Snap's efforts in Asia-Pacific markets: CEO Evan Spiegel in staff memoAjit Mohan will lead Snap Asia Pacific's cross-functional efforts across India, Australia & New Zealand, China, Japan, Singapore, Malaysia,...
Snap expects to miss revenue target, slow down hiringThe parent company of photo messaging app Snapchat said economic conditions have "deteriorated further and faster than anticipated," accord...
Snap says India expansion will help navigate new geographiesSnap said its daily active user base grew by 20% year-on-year to 319 million for Q4 2021. Its daily active user base has expanded by 20% or...
Former Twitter executive Raheel Khursheed appointed Snap India expert“I recently started an all encompassing role at @Snap - leading the market entry of the world’s largest camera app into the Indian landscap...
Evan Spiegel says Facebook copying Snapchat's popular features is the most-fantastic feelingSpiegel launched a stinging critique of FB, dismissing both its appeal and successful attempts to copy Snapchat’s most popular features.
Meet the founders, early backers set to get rich from Snap IPOSnap has just spawned a handful of billionaires. Meet the newly-minted billionaires and catch all the Snap IPO action on around the world.