Snap is expanding layoffs amid an AI-driven push to boost speed and cut costs, affecting around 1,000 employees. The move signals a broader big-tech trend: companies are seeking fewer workers while relying on new automation to improve efficiency. As AI adoption accelerates across industries, the layoffs also highlight growing uncertainty about what future jobs will look like.
The European Union is set to overhaul merger rules for the first time in over two decades, offering faster approval to startups with innovation-focused deals. The quicker pathway is designed to help smaller firms scale and compete, but big technology companies are excluded from the expedited process. The update follows calls from telecom industry players seeking change.
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