Evan Spiegel

February 5, 2024 @ 6:33 AM Snap will be undergoing a 10% workforce cut as the tech company announces layoffs, equating to around 529 employees.  CEO Evan Spiegel expects the company will incur charges ranging from $55 million to $75 million as a result of the cuts, according to a regulatory filing.  “In order to best position our business to execute on our highest priorities, and to ensure we have the capacity to invest incrementally to support our growthover time, we have made the difficult decision to…

On Wednesday, as many as 5 CEOs of the biggest social media and messaging companies attended the US Senate hearing on the impact of social media on children including X CEO Linda Yaccarino, Snapchat CEO Evan Spiegel, TikTok CEO Shou Zi Chew, Discord CEO Jason Citron, and Meta Platforms CEO Mark Zuckerberg. The hearing was conducted after lawmakers accused these companies of not protecting the children from the many dangers present on their social media platforms. During the hearing, a teary-eyed Zuckerberg made a direct…

In 2018, Mark Zuckerberg waltzed into the halls of Congress for the most high-profile moment of his career. He was pale and glass-eyed, his tie wrapped loosely around his neck, and his hair cropped high and thin in a bizarre homage to Augustus Caesar. His speech was practiced and robotic, and while his performance made him out to be a freak in the eyes of the public, the hearing was a victory. Zuckerberg’s empire was at the height of its power, and he demonstrated the government could engage with even the basic questions…

Wednesday’s hearing in front of the Senate Judiciary Committee got a little spicy as senators took turns bashing the CEOs of the biggest social media platforms. While well-deserved for the most part, it was Sen. Tom Cotton, a Republican from Arkansas, who decided to go down a weird path with TikTok CEO Shou Chew.Mourning the Loss of Addison Rae’s Debut Album | The Meme Machine“Have you ever been a member of the Chinese Communist Party,” Sen. Cotton asked Chew after taking a dramatic pause from asking the CEO multiple…

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In a groundbreaking move, Snap, the visionary parent company behind Snapchat, has joined forces with OpenAI to usher in a new era of augmented reality (AR) experiences. The announcement, made at the sixth annual Lens Fest, revealed a strategic partnership aimed at empowering developers to seamlessly integrate ChatGPT into their AR Lenses, ushering in a wave of innovative learning, conversational, and creative possibilities for Snapchatters.Lens Studio 5.0 Beta LaunchSnap is not stopping there, accompanying this…

Snap, the parent company of Snapchat, announced that it is partnering with OpenAI to help developers incorporate ChatGPT in their AR Lenses. The company also said that Snap is releasing a new version of its AR development tool, called the Lens Studio 5.0 Beta.“We teamed up with Open AI to offer a new ChatGPT Remote API. Now, any Lens developer can leverage ChatGPT in their Lenses, unlocking new types of learning, conversational, and creative experiences for Snapchatters,” the company said at its sixth annual Lens Fest.It…

The owner of Snapchat reports progress in the overhaul of its ads platform but offers a cloudy outlook for the current quarter. The owner of Snapchat reports progress in the overhaul of its ads platform but offers a cloudy outlook for the current quarter. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

Users have flocked to use the social-media platform’s AI-powered chatbot, which the company’s CEO says could be used to help improve targeted ads. Users have flocked to use the social-media platform’s AI-powered chatbot, which the company’s CEO says could be used to help improve targeted ads. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

Meta and other social media firms chasing TikTok’s short-form video success are fanning the flames of ban rhetoric while simultaneously vying to boost the attractiveness of their own TikTok clones with new monetization features. The goal? Steal away as many fearful TikTokers as possible.Nobody’s Really Watching ReelsBrewing fears of an impending TikTok ban could send some creators packing their digital bags and heading back to Instagram and Facebook, whether they like it or not. Digital marketing experts and content…