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Iran-Linked Ships Slow or Stop as U.S. Navy Enforces Strait of Hormuz Blockade

More than a dozen U.S. Navy warships are enforcing a blockade on all vessels from all nations entering or leaving coastal areas or ports...
HomeBusinessSnap Is Laying Off 16% of Full-Time Staff as It Embraces A.I.

Snap Is Laying Off 16% of Full-Time Staff as It Embraces A.I.

The company, which owns the social media app Snapchat, said it was laying off about 1,000 employees as it increases its reliance on artificial intelligence.