Snap breaks into ‘startup squads’ as ad revenue stalls
CEO Evan Spiegel just announced the company is restructuring around small “startup squads” of 10 to 15 people to regain agility against larger competitors.
More startups are hitting $10M ARR in 3 months than ever before
AI has brought the startup world the rise of startups that instantly hit multimillion ARR. Stripe revealed some data that shows how common this has become.
Others
Intel’s chief executive of products departs among other leadership changes
Intel also announced the creation of a central engineering group that will build custom chips for outside customers.
Netskope follows Rubrik as a rare cybersecurity IPO, both backed Lightspeed
The 13-year-old company could be valued up to $6.5, with Lightspeed’s stake worth $1.1 billion.
Sam Altman says that bots are making social media feel ‘fake’
After watching Reddit’s OpenAI and Anthropic communities, Sam Altman thinks social media cannot be trusted. And bots are to blame.
An AI-Made Animated Feature Film Backed By OpenAI Is Premiering Next Year
The feature-length movie, called “Critterz,” is being made mainly with AI tools and is expected to debut at the prestigious Cannes Film Festival.
Starbucks Is Revamping 1,000 Locations. Here’s What They Will Look Like.
In a new blog post, Starbucks CEO Brian Niccol also said the company’s “Green Apron Service” changes are having a positive effect on employees.
Nuclear startup Deep Fission goes public in a curious SPAC
Deep Fission had been seeking to raise $15 million in a seed round as recently as April. The reverse merger will raise twice that amount.
Bluesky adds private bookmarks
Bluesky adds bookmarks so users can privately save posts they want to reference later.
A ClaimTek Medical Billing Franchise has Multiple Revenue Stream Potential
Owners can tap into 12+ billing and practice management revenue streams.
We Built a 7-Figure Business Without a Single Investor — Here’s Why Saying No to VC Was Our Smartest Move
Bootstrapping wasn’t our original plan — but turning down venture capital taught us how to build a profitable, mission-driven company with total ownership and zero regrets.