Snap has announced its biggest restructuring in years, axing 1,000 employees and killing 300 open roles, as AI-powered small teams are already driving major results internally.
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A report has revealed that Microsoft could be close to acquiring Indian mobile advertising firm, InMobi, in a deal worth 2 billion dollars and could announce the acquisition soon.
Verizon has announced that it is buying AOL for $4.4bn - including not just its video and advertising platforms, but also well-known web publications such as The Huffington Post and Engadget.