Meta appoints generative AI VP to run Threads
Meta appointed Connor Hayes, Meta’s VP of product for generative AI, to become the head of Threads.
Aeva strikes lidar chip-making deal with LG subsidiary
LG Innotek, the components and materials subsidiary of South Korea’s LG Group, has struck a manufacturing partnership with Aeva Technologies, a developer of 4D LiDAR sensing systems.
Others
Rivian restarting work on its Georgia factory, emails show
Emails obtained through a public records request show Rivian has resume the prep work for its planned factory in Georgia.
Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO and more
The New York Times reports that the funding brings Substack’s valuation to $1.1 billion, almost 70% higher than its 2021 valuation of $650 million.
This Is the Newest Real Estate Trend You Can’t Miss — and It’s Worth $438 Billion
A rapidly emerging new trend is sweeping the global real estate sector, powered by humanity’s collective desire for longer lives and healthier lifestyles. Here’s what entrepreneurs should pay attention to to capture the new market.
‘We Got So Many DMs’: This 27-Year-Old Revamped Her Parents’ Decades-Old Business and Grew Direct-to-Consumer Sales From From $60,000 to Over $500,000
Ruth Sack seized an opportunity to expand the brand’s customer base.
Perfection Is Out. Realness Runs the Room Now — Here’s How Authentic CEOs Can Win Trust Today
In today’s culture of authenticity, CEOs who embrace transparency, vulnerability and realness — rather than polished perfection — build stronger trust and influence.
Robinhood Is Writing More Code with AI than Google or Microsoft
Robinhood co-founder and CEO, Vlad Tenev, says almost all engineers at the company have adopted AI coding tools.
Hackers are trying to steal passwords and sensitive data from users of Signal clone
The bug in the modified messaging app can expose users’ “plaintext usernames, passwords, and other sensitive data,” per GreyNoise.
Boulevard raises $80M to power self-care boom driven by Botox and GLP-1 surge
The nine-year-old salon and spa software provider has hit a valuation of nearly $800 million.
Zuckerberg and Meta investors reach settlement in $8B privacy case
The shareholders’ lawsuit alleges Facebook execs intentionally violated an FTC agreement by sharing user data with third-party apps without user consent.