Topic: stock price

  • Snap Splits Into 'Startup Squads' Amid Ad Revenue Slowdown

    Snap Splits Into 'Startup Squads' Amid Ad Revenue Slowdown

    Snap Inc. is restructuring into small "startup squads" to boost innovation and compete more effectively, as announced by CEO Evan Spiegel. The company faces challenges with stalled ad revenue growth and a decline in daily active users in North America, its key market. Snapchat+ has emerged as a b...

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  • Vanished: Nvidia's $100 Billion OpenAI Deal Disappears

    Vanished: Nvidia's $100 Billion OpenAI Deal Disappears

    A proposed $100 billion partnership between Nvidia and OpenAI has collapsed, with Nvidia's CEO clarifying the figure was never a formal commitment and no agreement was reached. OpenAI has been exploring alternative chip suppliers for over a year due to performance concerns, specifically citing in...

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