Facebook announces that all videos on its platform will soon be shared as reels
Facebook announced on Tuesday that all videos on its platform will soon be shared as reels, regardless of their length or orientation.
SMB-focused Finom closes €115M as European fintech heats up
Finom, an Amsterdam-based challenger bank for SMBs that claims to have doubled its revenue in 2024, closed a €115 million Series C equity round (around $133 million).
Others
Intel to lay off up to 20% of Intel Foundry workers
Rumors of these layoffs began back in April as Intel looks to refocus on its core business units and shed additional bloat.
Pro-Israel hacktivist group claims reponsibility for alleged Iranian bank hack
The apparent cyberattack comes as Israel and Iran engage in a days-long escalating military conflict.
Why Your Business Can’t Afford to Ignore Sustainability Any Longer
Saving Earth isn’t just good karma — it’s smart business strategy with real ROI.
In just 3 months, Ramp’s valuation jumped to $16B from $13B
Spend management startup Ramp announced on Tuesday that it raised a $200 million Series E led by its largest investor, Founders Fund.
Anysphere launches a $200-a-month Cursor AI coding subscription
Anysphere launched a new $200-a-month subscription plan for its popular AI coding tool, Cursor, the company announced in a blog post on Monday. The new plan, Ultra, offers users 20x more usage on AI models from OpenAI, Anthropic, Google DeepMind, and xAI compared to the company’s $20-a-month subscription plan, Pro. Anysphere also says Cursor users […]
Threads expands open social web integrations with fediverse feed, user profile search
Posts from federated users will be found on the Following tab of the Threads app.
Waymo robotaxis are pushing into even more California cities
Waymo is expanding its commercial robotaxi service area by another 80 square miles, a move that brings its driverless vehicles into new parts of Los Angeles, Silicon Valley, and the San Francisco Bay Area.
Streaming viewership exceeded cable and broadcast combined for the first time last month, report says
Last month, streaming services accounted for 44.8% of all television viewership, their largest share to date.
Why Letting Go of Full Control of My Business Was the Hardest — and Smartest — Move I Ever Made
Being the founder of a company carries its own set of advantages and disadvantages. Read on to learn about steps you can take to scale your business while becoming a more grounded, visionary leader.