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

According to a report, Snap is laying off about 16% of its global workforce, which will affect about 1,000 full-time employees. memorandum The message was sent to staff on Wednesday from Snap CEO Evan Spiegel. The company cites advances in AI for the reduction. “While these changes are necessary to realize Snap’s long-term potential, we…

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JetBlue will use Amazon’s Project Kuiper satellites for free in-flight internet

many Chief Airlines By exploiting SpaceX’s starlink satellites, their in-flights are beef to be internet offerings, but Jetbu is going in a different direction. Amazon and Jetb Announced On Thursday, a partnership under which the airline will use Amazon’s project Kuper satellites instead to provide free in-floate connectivity starting in 2027. Kuper terminals on Jetbu’s…

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Nike (NKE) Q1 2026 earnings

Nike on Tuesday posted surprise sales growth in its fiscal first quarter, but the sneaker giant still has work ahead to execute its turnaround. The company said revenue rose 1% in the three months ended Aug. 31, after previously saying it anticipated sales would fall by a mid-single digit percentage in the period. Still, Nike’s…

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