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Snap is laying off 16 percent of its staff as it leans into AI

Snap is laying off roughly 16 percent of its global workforce in a cost-cutting effort to chase improved profitability with the help of AI. The cuts will impact around 1,000 full-time employees, according to a memo sent to staffers from Snap CEO Evan Spiegel. An additional 300 open roles are also being closed. “While these […]

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Snap is sticking with Qualcomm for its next AR glasses

Snap’s upcoming consumer AR glasses are still set to launch sometime this year, and they’ll be powered by a Snapdragon XR chip from Qualcomm, according to an announcement of a “multi-year strategic agreement” between the companies. Snap has been working on smart glasses for a decade, with the first model of its camera-equipped Spectacles glasses […]

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Snapchat’s ‘Reals’ joke mocks Instagram’s many ripoffs

It’s April Fools’ Day, and Snap is using the occasion to “announce” that it’s switching the name of Snapchat’s Spotlight feed, the app’s Instagram Reels-like feed of shortform vertical videos, to “Reals.” In a video featuring co-founder and CEO Evan Spiegel, Snap also includes a description of “Reals” as a place where “real people share […]

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