Snapchat’s parent company fires 20% of its employees

Published

3 years ago

August 31, 2022

Snapchat’s parent company Snap is planning to layoff 20% of its employees after a horror year for its share price

Snap’s stock price has declined by nearly 80 per cent this year, and now the company plans to axe more than a thousand jobs.

The layoffs have been planned for several weeks.

Areas of the company most likely to be targeted include Zenly, the social media app, which was bought by Snap in 2017.

The company’s Chief Business Officer is also out, moving across to Netflix to push its ad sales business.

In May the company warned it was looking for ways to cut costs, but then delivered a dismal earnings report for the second quarter.

The company has declined to comment.

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Ahron Young

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Apple’s next AI wearables could change how we use tech

Apple is launching smart glasses, an AI pendant, and camera-equipped AirPods with upgraded Siri by 2027.

Published

13 hours ago

February 23, 2026

Harvey Vargas

Apple is launching smart glasses, an AI pendant, and camera-equipped AirPods with upgraded Siri by 2027.

Apple is accelerating its wearable tech game, developing three cutting-edge devices featuring an upgraded Siri powered by Google’s Gemini AI models. The tech giant is betting big on AI to enhance user interaction across smart glasses, AirPods, and a unique AI pendant.

The N50 smart glasses will come equipped with dual cameras and are slated for a 2027 release, with prototypes already in the hands of Apple’s hardware engineers. Production is expected to ramp up by December 2026, signaling Apple’s commitment to merging AI with everyday accessories.

Meanwhile, Apple is also working on a camera-equipped AirPods model and an AI pendant that can be worn as a necklace or clipped to clothing, featuring cameras, microphones, and a speaker. These innovations highlight a new era of wearable technology powered by advanced AI.

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Tech

Sam Altman predicts superintelligence could appear by 2028

Sam Altman warns superintelligence may arise by 2028, advocating for global cooperation and a new governing body for AI.

Published

4 days ago

February 20, 2026

Harvey Vargas

Sam Altman warns superintelligence may arise by 2028, advocating for global cooperation and a new governing body for AI.

OpenAI CEO Sam Altman has issued a bold prediction, suggesting that early forms of superintelligence could emerge as soon as 2028. Speaking at the India AI Impact Summit, Altman emphasised the urgent need for global cooperation to manage AI development responsibly.

He proposed the creation of an international oversight body for AI, similar to the International Atomic Energy Agency, to prevent misuse and ensure ethical advancements. Altman also raised concerns about authoritarian control in exchange for technological gains, highlighting the geopolitical stakes of AI.

With over 100 million users in India alone, ChatGPT has become a key part of the AI landscape. Altman acknowledged potential job disruptions but expressed optimism about society’s ability to adapt to rapid AI changes.

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Tech

Apple faces legal action as West Virginia sues over child safety

West Virginia AG John McCuskey sues Apple for failing to block child abuse material on iCloud and iOS devices.

Published

4 days ago

February 20, 2026

Harvey Vargas

West Virginia AG John McCuskey sues Apple for failing to block child abuse material on iCloud and iOS devices.

West Virginia’s attorney general John McCuskey has filed a lawsuit against Apple Inc., alleging the tech giant failed to properly prevent child sexual abuse material from circulating on iCloud and iOS devices. The legal action claims the company’s strong stance on user privacy may have come at the expense of child safety protections.

McCuskey argues that other major tech firms, including Google and Microsoft, have taken stronger steps to detect and remove such content. The lawsuit intensifies scrutiny on how Silicon Valley balances encryption, privacy, and online safety.

The case could have major implications for Apple’s privacy-first branding and how platforms police illegal material moving forward.

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