Snapchat Parent Cutting 20% of Workforce
Snapchat’s parent company is slashing staff and scaling back investments in straggling businesses, an attempt to rein in costs following a slowdown in ad revenue growth. Snap Inc. is cutting about 20% of its workforce, Chief Executive Officer Evan Spiegel said in an internal memo sent to staff Tuesday. The news sending the stock tumbling in the premarket. Abigail Doolittle reports…
People & Blogs
Hip-hop gets blamed for being a bad influence — but the data shows a different story #TEDTalks
Hip-hop often gets blamed for its controversial lyrics. What if there was a way to actually measure its impact on people’s lives? Analyzing 40 years’ worth of radio station data and lyrics from rappers like Tupac, Dr. Dre, Jay-Z and Kendrick Lamar, economist Roland Fryer puts one of culture’s most notorious debates on trial.
Bloomberg Technology
Amazon, Qualcomm Deal Broadens the AI Chip Race | Bloomberg Tech 9/08/2026
Bloomberg’s Riley Griffin breaks down Qualcomm’s deal signing up Amazon as a data center chip customer, an agreement that will span “multiple generations.” Meanwhile, another deal falls apart after Anthropic decides against acquiring AI startup Decart AI. And, all eyes are on Apple as the company kicks off its product launch tomorrow, with its foldable…
Bloomberg Technology
Apple Set for Major Product Launch with Foldable iPhone
Apple is gearing up for one of its biggest product launches in years, with the company expected to unveil its first foldable iPhone, a device that has been a decade in the making and which could cost as much as $2,199. Bloomberg’s Mark Gurman explains how it marks the biggest design change to the iPhone…
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G. Jets
August 31, 2022 at 2:36 pm
this is only the beginning, PREPARE…
Ace
August 31, 2022 at 5:27 pm
They should of pulled a Tik Tok before TikTok
Shahar Rozenbloom
August 31, 2022 at 11:01 pm
Apple Could Add Google and AWS and Ajure Cloud to Apps Easy in killer idea even with Code in new Service in killer idea Tim for Tens of Billions in Patent even add Lower Price by Large Amounts.