After several discussions with people from “the valley” (ie. mainly friends) I realised that all tech companies are overstaffed, being afraid of:
1. competition – by opening start-ups
2. competition – getting hired by somebody else
This reminded me of Snap who’s main ad client for some years was…TikTok.
Now TikTok is several times bigger than Snap in all metrics, in all markets (!)
Discover posts:
“Apple will reportedly use in-house wireless chips in iPhones by 2025” (Engadget) More exactly, the chips aim to replace the current offering from Qualcomm and Broadcom: WIFI, Bluetooth and Cellular Modem. Why is it changing its strategy when it comes to chips? To understand this move we need to (...)
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According to the recent quarterly filings at SEC for the period ending on 30th June and what happened in the meantime Twitter might be already on profit. So, the workforce was cut in half (ie. 3750 from 7500; probably the layoffs will continue). Now, looking at the costs (...)
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