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Snap to lay off 1,000 employees, CEO Evan Spiegel’s memo puts it on AI; says: ‘Rapid advancements in AI enable our teams to…’

Snapchat’s parent company is laying off 16% of its global workforce, impacting around 1,000 employees, as it pivots towards profitable growth and integrates AI to enhance efficiency. CEO Evan Spiegel announced the move, aiming to slash costs by over $500 million by 2026 to achieve net-income profitability. Snap is cutting 16% of its global workforce—around…

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US-Iran peace talks in Pakistan: Is it happening? Lebanon hurdle puts fragile truce at risk

AI image used for representative purposes Pakistan is set to host high-stakes indirect negotiations between United States and Iranian representatives in Islamabad, in an effort to stabilise a fragile ceasefire framework and prevent further escalation of a conflict that has already reshaped regional security dynamics and global energy flows.However, uncertainty continues to hang over the…

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OpenAI puts the UK Stargate project on hold, and says will return when conditions are right, which means …

OpenAI has announced that the company is pausing its Stargate artificial intelligence (AI) infrastructure project in the United Kingdom (UK). According to a report in Bloomberg, OpenAI has cited the high cost of energy and regulatory environment in the country as the reasons. While maintaining the OPenAI sees huge potential for the UK’s AI future,…

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PM Modi puts fish on poll menu to counter Mamata’s attack | India News

KOLKATA: Bengal’s favourite ‘maachh-bhaat’ filled the poll plate on Thursday as PM Narendra Modi accused Trinamool Congress of failing to feed the piscine-loving state enough fish, seeking to turn on its head a debate triggered by CM Mamata Banerjee’s party portraying BJP as being “anti-non-vegetarian”. In Haldia, where he addressed the first of his three…

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How Trump’s Kharg Island threat puts global oil flows, prices under pressure

US President Donald Trump’s remarks about potentially seizing Iran’s Kharg Island oil terminal have sharpened focus on the strategic and commercial stakes tied to one of the country’s most critical energy export hubs.Kharg Island, located in the Persian Gulf, serves as Iran’s primary offshore oil export terminal and handles the bulk of its crude shipments…

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