The former CEO of Character.AI, which Disney previously sent a cease-and-desist letter to, will serve as the company’s first-ever chief technology officer.
Payroll service provider Remote recently surpassed $300 million in annual recurring revenue (ARR) and became cash-flow positive, thanks to a 50% increase in revenue per employee resulting from AI adoption.
Most obvious upgrades fail because substitution is a curve shaped by switching costs, incentives, and sticky market effects, not a clean head-to-head feature comparison.
Meta is rolling out paid subscription plans for Instagram, Facebook, and WhatsApp worldwide, while also testing new AI, creator, and business-focused offerings under its broader “Meta One” subscription brand.