Snapchat parent company sacks Web 3.0 team amid restructuring
BUSINESS · TECH · MEDIA
September 6, 20223 min read513 words
Published: September 6, 2022  |  3 min read513 words
Snap Inc. (NASDAQ: ), the parent company of multimedia instant messaging app Snapchat, has abandoned efforts focused on building products for , the much-hyped next iteration of the internet.The plan was first disclosed by Jake Sheinman, a research and development manager for...
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Investigative
Sep 19
Business-oriented article, addressing the recent decision of the company Snapchat to lay off several employees due to a budget cut, but what they discarded was the entire team responsible for the introduction of WEB 3.0.
Sep 19
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