Iconiq VCs spent two years courting Chime and the firm isn’t selling its stake
Iconiq pursued Chime because the founders were focused, and didn’t get distracted by “shiny new objects.”
Stripe’s former growth lead helps African diaspora invest in startups, real estate
When Joe Kinvi joined Touchtech Payments in 2017 as head of finance, the Irish startup couldn’t afford his full salary. So he negotiated for stock to make up the difference. Eighteen months later, Stripe acquired the company, and that equity converted into Stripe shares, enough to let Kinvi leave his job, bootstrap a side project, […]
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Scale AI confirms ‘significant’ investment from Meta, says CEO Alexanr Wang is leaving
Data-labeling firm Scale AI confirmed on Friday that it has received a “significant” investment from Meta that values the startup at $29 billion.
Mattel Signs First-of-Its-Kind Deal With OpenAI to Bring ChatGPT to ‘Iconic’ Toys
Mattel is also allowing its employees to use ChatGPT Enterprise to help design new products.
This ‘Sweet’ Role Is the Highest Paid Position at Walmart After Managers
If you’re creative and have a sweet tooth, the coveted (and lucrative) cake decorator position at Walmart may be for you.
After a 12-Year-Old’s Side Hustle Made Over $4,000 in 1 Day, He and His Dad Grew the Business to Nearly $50,000 a Month: ‘It Takes Commitment’
Madden Forrest and his father, Steven, turned their passion for football into a lucrative business.
After a string of successes, early-stage fund Felicis raises fresh $900M
Lately, Felicis, like most VCs, has been all over AI. Its portfolio now includes, for example, Browser Use, Poolside, Runway, and Supabase.
The Meta AI app is a privacy disaster
It sounds like the start of a 21st century horror film: Your browser history has been public all along, and you had no idea. That’s basically what it feels like right now on the new standalone Meta AI app, where swathes of people are publishing their ostensibly private conversations with the chatbot. When you ask […]
Google, Spotify Down in a Massive Outage Affecting Tens of Thousands. Here’s What We Know.
Both Google and Spotify appear to be down for thousands of users.
I Called Klarna’s New AI Hotline to Talk to the Company’s ‘CEO’ — Here’s What Happened
Klarna’s CEO voice-cloned himself and had the clone take customer calls over an AI-powered hotline.
Meta teams with XGS Energy to build a 150 MW geothermal power plant
XGS Energy will build the new power plant in New Mexico.