Hey Waivly Crew! 🌊 Snap said it will lay off 10% of its workforce worldwide to “promote in-person collaboration.” ENS partnered with GoDaddy to let users link their .eth names to traditional domains at no extra cost. 🎉 Get 75% Off Waivly+ By Joining Today | Offer Ends February 29th 🎉 Want more from us at Waivly? Join Waivly+, the premium Waivly membership that gives you access to exclusive Web3, AI, and tech content, insights, news, a members-only weekly newsletter edition, and more, all blended into one super low-cost and quick to join membership 🙌 Click here to get onboard and to become a Waivly+ Crew member! Snap is cutting 10 percent of its staff
Snap plans to cut 10% of its workforce due to ongoing struggles in the digital advertising market. The company, with around 5,300 employees at the beginning of 2023, has already undergone a 20% staff reduction in 2022 and a smaller 3% cut in 2023. Snap's challenges extend beyond staffing issues, encompassing difficulties in expanding beyond its core social networking product. Failed hardware projects like augmented reality glasses and a selfie drone, along with underperforming features like Spotlight and Snapchat Plus, have hindered the company's growth. Despite a third-quarter revenue increase in 2023, Snap's overall trajectory was marred by declines in the preceding two quarters. The company refrained from specifying the focus of the layoffs, emphasizing their strategic intent to position the business for growth and ensure capacity for future investments. Learn Digital Marketing with us in 5 days: Lesson 2
Before delving into digital marketing, discover your ideal customer and target audience. Understand their demographics, interests, and online habits by creating detailed buyer personas. These personas will inform message customization, channel selection, and content creation. Learn more about target audiences in our digital marketing course now by clicking the button below 🙌 Microsoft partners with Semafor for AI-assisted news
Microsoft is teaming up with media website Semafor on a new project that uses ChatGPT to revolutionize news creation, as reported by The Financial Times. This collaboration, amidst various journalistic ventures, follows a legal dispute with The New York Times over copyright issues involving Microsoft and its partner, OpenAI. Under this partnership, Semafor will introduce a sponsored feed named "Signals," funded by Microsoft, delivering timely news and analysis through approximately a dozen daily posts. Notably, all content will be authored by journalists, with ChatGPT serving as a research tool. Semafor's innovative approach entails utilizing AI tools to swiftly curate breaking news from global sources in multiple languages, bolstered by translation capabilities. The Waves🗺️ Google Maps is getting a major AI upgrade 👀 YouTube says a Vision Pro app is ‘on the roadmap’ 🤖 Google may soon brebrand Bard to Gemini 💡 Tim Cook explains why the Apple Vision Pro costs $3.5K Discover more Waves in the Waivly Community. Click here to get onboard! 🌊 Learn Artificial Intelligence with AI Tool Report
Learn AI in 5 minutes a day with AI Tool Report 🤖 They teach you various topics surrounding AI such as how to save time and earn more with it! Join 350,000+ readers and subscribe to their free newsletter for trending tools, productivity boosting prompts, and more by clicking the button below. Venture Special
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Recast Studio automatically turns your podcast episode into short video clips and writes show notes, blog posts, social media posts, and more in minutes. GoDaddy to charge $0 for ENS .eth name pairing
Ethereum Name Service (ENS) and domain registrar GoDaddy have partnered to enable users to link their domain names to ENS, creating a connection between traditional DNS and blockchain-based names. This collaboration eliminates the need for additional costs or technical expertise for users, seamlessly integrating the benefits of ENS blockchain infrastructure, such as receiving crypto payments, for over 20 million GoDaddy users. ENS, the predominant naming protocol in the crypto space, facilitates the association of human-readable names with intricate Ethereum addresses, resembling the functionality of DNS in website URLs. GoDaddy emphasizes that this partnership allows users to effortlessly connect their domain, like a .com, to their ENS-compatible crypto wallet, streamlining the process of receiving crypto payments. Scammers use deepfakes to steal $25.6 million
A finance worker at a multinational firm fell victim to a $25 million scam orchestrated by fraudsters who employed deepfake technology to impersonate the company's chief financial officer in a video conference, according to Hong Kong police. The scheme involved a convincing video call where the worker interacted with deepfake recreations posing as colleagues. Initially cautious due to a suspicious message from the purported UK-based CFO, the worker dismissed concerns after the seemingly authentic video call. Believing in the legitimacy of the call, the victim proceeded to transfer $25.6 million. Hong Kong police disclosed six arrests related to such scams, unveiling the fraudulent use of eight stolen identity cards for multiple financial activities. The discovery of the fake CFO incident occurred when the employee cross-verified with the corporation's head office. Oobit raises $25 million in Series A funding round
Oobit has secured $25 million in a Series A funding round led by Tether's investment arm, Titan Fund, alongside 468 Capital and Solana co-founder Anatoly Yakovenko. The mobile payments app enables consumers to make crypto payments, converting them into fiat currency for merchants. Its tap-and-pay feature, compatible with Visa and MasterCard, enhances the accessibility of crypto payments at any point of sale. Oobit plans to extend this capability to third-party wallets, evolving into a non-custodial crypto payments app. The company's collaboration with traditional finance entities aligns with the trend of crypto firms partnering with traditional finance to offer more efficient payment solutions. Waivly Work Highlights👩💻 Marketing Manager at Omni Network 👩💻 Customer Experience Analyst at Worlcoin 👩💻 Marketing & Events Lead at Polygon 👩💻 Content Manager at Coinshift Share the Waivly newsletter with your friendsThat wraps up today's newsletter, thank you for reading through. Know someone else who would enjoy the Waivly newsletter as much as you do? Let them know about us, send them a link to join, and get great rewards for doing so! The reward per referrals are:
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👻 Snap is cutting 10 percent of its staff
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