Dive into the tech & future
Snapchat is a popular instant messaging service. The company claims that nearly 250 million users engage with augmented reality regularly. Snap’s AR Lens technology combined with Sounds not only claims to deliver an improved experience to engage with friends but is also an important distribution tool for creators to share their music with fans. Since … Read more
Facebook-parent Meta Platforms is planning a fresh round of job cuts in a reorganisation and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13 percent of its workforce — more than 11,000 employees — as it grappled with soaring costs and a weak … Read more
Amid all the chaos on your ever-changing Facebook and Instagram feed, Meta wants you to pay not to fix your feed but for the blue badge, the one you see next to your favourite influencer. Yes, even you can have it now. As if it was not meta enough, Mark Zuckerberg, Meta’s co-founder and CEO, … Read more
Snap Chief Executive Evan Spiegel said Thursday the company’s photo messaging app Snapchat now has 750 million monthly active users, while speaking during an investor presentation. Last month, Snapchat reported dismal quarterly earnings, revealing that current quarter revenue could decline by as much as 10 percent, as the social platform struggles with weak advertising demand. … Read more
Instant messaging app Snapchat marked the 20th anniversary of Safer Internet Day on February 7 with the first-ever Digital Well-Being Index (DWBI). This report is a measure of Gen Z’s psychological well-being in the online space. Snapchat’s inaugural DWBI shows that India earned the highest score amongst other countries which included — the US, the … Read more
After a challenging 2022 in which advertising-dependent companies faced shrinking budgets and cratering stock prices, fourth-quarter results this week from Alphabet, Meta Platforms and Snap showed they were not yet in the clear. The health of the advertising industry closely mirrors the economy, and many advertisers have pared back their marketing budgets in response to … Read more
Tech companies are always in the news, usually touting the next big thing. However, the tech news cycle recently hasn’t been dominated by the latest gadget or innovation. Instead, layoffs are in the headlines. In the last year, more than 70,000 people globally have been laid off by Big Tech companies – and that doesn’t … Read more
Riding on the tide of layoff, many companies have downsized their workforce in recent times. All top companies including Amazon, Google and Facebook has undertaken mass layoff as they struggle to maintain the demand which got inflated during Covid. Laid-off employees are taking to social media platforms to express their experience and in search of … Read more