Snap's crucible moment

Mass layoffs land tomorrow, the Perplexity deal is dead, and Specs are launching soon. Also: OpenAI has a cyber model too, Apple can tell Elon what to do, and Anthropic expands its unusual board.

Snap will announce significant layoffs tomorrow, I’m told, in what sources describe as sweeping cuts that will more distinctly separate the legacy Snapchat business from Specs, CEO Evan Spiegel’s big bet on AR glasses.