#share-buyback

#share-buyback

Boone acknowledged improving profitability and raised his 2027 EBITDA estimate, but flagged weaker engagement, including a sequential decline in North American daily active users. Global daily active users also fell sequentially and missed estimates, which he attributed to reduced community marketing spend and regulatory-driven account removals in Australia. He said stronger AI-powered content recommendations from competitors are challenging Snap's ability to retain user attention and defend advertising share.

Nordics recovery continues to pick up pace

Salesforce has slashed another 4,000 jobs from its customer support workforce as the tech giant doubles down on artificial intelligence, even as the company reports strong financial results. The latest layoffs gutted Salesforce's customer service division, reducing its headcount from 9,000 to 5,000. AI agents now reportedly handle about one million customer conversations. list of 4 itemslist 1 of 4list 2 of 4list 3 of 4list 4 of 4end of list In a recent episode of The Logan Bartlett Show, CEO Marc Benioff justified the cuts by saying he needs less heads as Salesforce invests heavily in AI across its operations.

Profits at Whitbread declined due to rising costs and lower UK bookings; however, shares increased on announced share buybacks and hotel expansions.