"Amazon announced another round of layoffs as part of what CEO Andy Jassy described as an ongoing cultural reset.Tens of thousands of roles have been eliminated over the past two years as the company restructures around cloud infrastructure, AI services, and operational efficiency. Many of these jobs were white collar developer roles. Earlier this week, Amazon also announced it would shutter its Amazon Go and Fresh stores, citing its failure to create a "truly distinctive customer experience with the right economic model.""
"Snap is spinning out its Specs AR glasses business into a standalone entity, separating hardware development from its core social media operations. Clearly, Snap needs to get its misguided AR glasses adventure off its books before it does even more damage to its struggling stock. After its launch to developers last year at $99/month, Spectacles will soon be offered to the public, but this whole multi year effort is clearly DOA."
"The device is described as a circular aluminum and glass disc with microphones, cameras, a speaker, and a physical button, designed to work with a future LLM powered version of Siri. It would rely on wireless charging and offload compute to other Apple devices and the cloud. Internally, the project is still considered experimental, with no guarantee of release, though sources point to a possible 2027 launch window."
Amazon initiated another round of layoffs as part of an ongoing cultural reset, eliminating tens of thousands of roles over two years while restructuring around cloud infrastructure, AI services, and operational efficiency. Many affected positions were white-collar developer roles. Amazon will close Amazon Go and Fresh stores after failing to create a truly distinctive customer experience with the right economic model. Snap is spinning out its Specs AR glasses business into a standalone entity to separate hardware development from core social operations and to remove the program from the main company. Apple is developing a small pin-sized AI wearable described as a circular aluminum and glass disc with microphones, cameras, a speaker, and a physical button that would offload compute to other Apple devices and the cloud; the project remains experimental with a possible 2027 launch.
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