Snap, the parent company of Snapchat, is laying off 10 percent of its workforce, according to an SEC filing and confirmed by a company spokesperson. The company reported a total number of 5,367 employees at the end of 2023’s third quarter, so the layoffs should impact around 540 people.
Snap discussed the decision in t
Yandex, often described as Russia’s Google, has sold its domestic businesses at a knock-down price. Bloomberg reports the search and services giant, now headquartered in the Netherlands, has handed off its Russian operations for 475 billion rubles ($5.2 billion) in cash and shares. The new owners include the management grou
Bad actors keep using deepfakes for everything from impersonating celebrities to scamming people out of money. The latest instance is out of Hong Kong, where a finance worker for an undisclosed multinational company was tricked into remitting $200 million Hong Kong dollars ($25.6 million).
According to Hong Kong police, scammers
The Oversight Board is urging Meta to update its manipulated media policy, calling the current rules “incoherent.” The admonishment comes in a closely watched decision about a misleadingly edited video of President Joe Biden.
The board ultimately sided with Meta regarding its decision to not remove the clip at
Samsung chairman Jay Y. Lee's legal troubles may be in the rearview mirror as a Korean court acquitted him of stock manipulation and accounting fraud charges over a 2015 merger, The Financial Times has reported. The ruling allows Lee to continue leading Samsung, which saw a
The biggest podcast in the world makes many people furious, but it’s still the biggest podcast in the world. Now, the man behind The Joe Rogan Experience has signed another deal with Spotify, worth an estimated $250 million. The deal allows the streamer to distribute Rogan’s podcasts on additional platforms, including
Microsoft is teaming up with media website Semafor on a new project that uses ChatGPT to aid in the creation of news stories, The Financial Times has reported. It's one of several journalistic collaborations Microsoft is set to announce today, and follows a New York Times
One of Vision Pro's most intriguing features is undoubtedly the EyeSight display, which projects a visual feed of your own eyes to better connect with people in the real world — because eye contact matters, be it real or virtual. As iFixit discovered in its
