Snap is cutting 1,000 jobs, 16% of its workforce

The company cites advancements in AI for the cuts.

Snap’s AR glasses inch closer to reality with Qualcomm Snapdragon chips

Snap’s AR glasses ambitions might be starting to look a lot more real. In an official announcement, Snap has said it has expanded its partnership with Qualcomm through a multi-year strategic agreement that will bring Qualcomm’s Snapdragon silicon to fu…

Snap gets closer to releasing new AI glasses after years-long hiatus

Specs has long been teasing the next version of its augmented reality glasses. A new partnership with Qualcomm promises some movement in that department.

Snapchat announces ‘The Snappys,’ its first-ever creator awards show

Snapchat is the latest social media platform to launch awards for creators, joining TikTok and Instagram.

At a critical moment, Snap loses a top Specs exec

As Snap readies the public release of its long-awaited VR glasses, one of the key executives on the project has left the company.

Snapchat+ tops 25M subscribers, driving company’s direct revenue ARR to $1B

The revenue milestone comes as Snap has added additional paid offerings outside of its core Snapchat+ subscription over the past year to diversify its revenue streams.

Snapchat launches creator subscription in the U.S.

Snapchat will let creators set their monthly subscription price.

As it preps Specs for the masses, Snap’s Q4 shows revenue growth but fewer daily users

The company is engaged in a strategy to diversify its revenue sources as it heads into the new year.

Snap gets serious about Specs, spins AR glasses into standalone company

The social media company’s smartglasses are set to be released to the public later this year.

YouTubers sue Snap for alleged copyright infringement in training its AI models

The YouTubers claim Snap, like others, used AI datasets meant for research and academic use to train its AI models.