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Snap plans to lay off 20 percent of employees
Snap is planning to lay off approximately 20 percent of its more than 6,400 employees, according to people familiar with the matter. The layoffs, which Snap has been planning for the past several weeks, will begin on Wednesday and hit some departments...
Snap’s chief business officer is leaving to run ads at Netflix
Netflix has found an executive to lead its plan for an ad-supported tier: Snap’s chief business officer and top ad exec, Jeremi Gorman. Gorman on Tuesday told colleagues at Snap that she was leaving to join Netflix along with Peter Naylor, Snap’s...
Truth Social is strapped for cash and struggling to find new users
Truth Social is strapped for cash and facing a mountain of tech and legal troubles that could doom the future of former president Donald Trump’s personal social media platform. The most immediate problem is the platform’s stalled SPAC, initially planned as a...
How Twitter’s child porn problem ruined its plans for an OnlyFans competitor
In the spring of 2022, Twitter considered making a radical change to the platform. After years of quietly allowing adult content on the service, the company would monetize it. The proposal: give adult content creators the ability to begin selling OnlyFans-style paid...
Elon Musk pushes to delay the Twitter trial while citing whistleblower’s testimony
After Elon Musk tried to get out of his $44 billion deal to buy Twitter and the company sued to hold him to it, his lawyers unsuccessfully tried to hold off the trial until next year, and now they’re pushing for another...
The iPhone turns 15: a visual history of every model to date
Fifteen years ago, Steve Jobs introduced the very first iPhone. He described it as three devices in one: a “widescreen iPod with touch controls, a revolutionary mobile phone, and a breakthrough internet communications device.” But since its first unveiling, the iPhone has...
Biden faces growing pressure to legalize weed
Democratic Senate hopeful John Fetterman is calling on President Joe Biden to decriminalize marijuana before visiting Pennsylvania next week. “It’s long past time that we finally decriminalize marijuana,” Fetterman said in a Monday statement. “The president needs to use his executive authority...
NASA “not ready to give up” after engine issue delays Artemis I rocket launch
NASA is moving ahead with plans for a second attempt to launch its next-generation rocket Friday, September 2nd, after an engine issue forced the agency to scrub today’s planned launch. NASA halted the Artemis I launch attempt at approximately 8:34AM ET Monday,...
The Twitter whistleblower just got a subpoena from Elon Musk
Peiter “Mudge” Zatko, the former Twitter security chief whose explosive disclosures alleged serious security flaws and misleading practices within the company, has received a subpoena to appear for a deposition in the ongoing lawsuit between Twitter and Elon Musk. The request puts...
Ford reportedly is working on “another” mystery electric truck that’s not an F-150 Lightning
Ford’s future electric lineup is coming more into focus. (No, not that Focus.) After scoring a big win with the F-150 Lightning, Ford is developing a new electric truck that will likely go on sale in 2025, according to Automotive News. Details...