TheBuzz24

Snap is laying off roughly 16% of its global workforce, impacting around 1,000 full-time employees, according to a memo sent to staff from Snap CEO Evan Spiegel on Wednesday. The corporation cites advancements in AI for the cuts. “While these changes are necessary to realize Snap’s long-term potential, we believe that rapid advancements in artificial […]

The Swedish government noted Russian government-linked hackers attempted to disrupt the operations at one of the country’s thermal power plants last year. Sweden stated that, while the hackers were unsuccessful, hybrid attacks that extend beyond cyberspace are becoming more dangerous. Sweden’s minister of civil defense, Carl-Oskar Bohlin, stated during a press conference on Wednesday that […]

After selling its shoe brand and assets last month for $39 million, Allbirds is pivoting to AI. Of course, the enterprise is also changing its name, since the footwear brand “Allbirds” was part of the sale. Introducing: NewBird AI, a “fully integrated GPU-as-a-Service and AI-native cloud solutions provider,” the organization declared via its investor relations […]

Airwallex, the Australian fintech that has spent a decade quietly building global payments infrastructure, is moving into in-person payments. The move deepens its rivalry with Stripe across the payments stack, and enables the startup to directly aim at Square and Adyen on one of the last major battlegrounds in financial tech. Airwallex is launching a […]

Topics: mobile apps.

Motorola has filed a lawsuit in India against social media platforms and content creators over posts it alleges are defamatory, raising concerns it could dampen critical coverage of the organization, experts say. This also touches on aspects of startup. The lawsuit, filed in a Bengaluru court and obtained by TechCrunch, names platforms such as X, […]

Emergent, an Indian startup known for its vibe-coding platform, has launched Wingman, a messaging-first autonomous AI agent, as it expands into a growing category of software that runs in the background to complete tasks — popularized by tools like OpenClaw and Claude from Anthropic. The Bengaluru-based startup initially gained attention for its vibe-coding platform, which […]