Category: Uncategorized
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Meghan Markle has made another angel investment
Meghan is stepping further into the world of business and entrepreneurship. In an interview with Fortune, Meghan revealed that she is an angel investor in the healthcare company Midi, which provides a virtual platform to help treat women experiencing menopause and other health-related concerns. She joined the company’s $63 million Series B round last March,… Read more
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Glossier might lose its unicorn status, report says
Glossier is reportedly fundraising again, aiming to raise $100 million with a valuation “south of a billion dollars,” according to Puck. Glossier, still one of the more popular beauty brands, was last valued at $1.8 billion nearly four years ago but has struggled with profitability and scale these past few years. Glossier did not immediately… Read more
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Sydney Thomas’s Symphonic Capital raises $13.5M for inaugural fund
Symphonic Capital announced today in a blog post that it raised $13.5 million for its inaugural fund to invest in early-stage companies. Sydney Thomas launched the firm in 2022 after leaving Charles Hudson’s Percursor Ventures, where she was the first hire. Thomas said her fund will focus on founders outside of the Bay who are… Read more
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YouTube rolls out a free AI music-making tool for creators
YouTube is launching a new feature that will allow creators to use AI technology to generate custom instrumental backing music that can be added to their videos. In an update published to its Creator Insider channel this week, the company shared that it’s beginning to roll out an update to its Creator Music marketplace that… Read more
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Amazon CEO Andy Jassy urges companies to invest heavily in AI
Amazon CEO Andy Jassy thinks companies should invest “aggressively” in AI now to reap the full financial rewards in the future. In his annual letter to Amazon shareholders published Thursday, Jassy said “substantial capital” is required to keep up with the pace of AI innovation and customer demand for AI products. He added that Amazon,… Read more
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Rebooted Digg launches early-access community with $5 fee
The reboot of early-internet social news site Digg is underway. Original founder Kevin Rose and Reddit co-founder Alexis Ohanian have launched an early-access community for some of the first people who signed up after last month’s announcement that the pair had bought Digg and planned to relaunch it as something new. The early-access program is… Read more
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Google thinks AI can untangle the electrical grid’s bureaucracy
Google, PJM, and Tapestry announced a partnership to develop AI tools to speed interconnection requests through the queue. Read more
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NHTSA’s self-driving safety staff reportedly ‘disproportionally affected’ by DOGE cuts
The cuts that Elon Musk’s Department of Government Efficiency made at the National Highway Traffic Safety Administration in February “disproportionately affected” employees working on vehicle automation safety, according to The Financial Times. That division was formed in 2023 and therefore included a number of staffers who were still in their initial probationary hiring period, which… Read more
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WhatsApp introduces new features across chats, calls, and channels
WhatsApp has announced a slew of new updates across chats, calls, and channels designed to enhance the messaging and calling experience for users as it continues to compete with popular services like Telegram and Discord. Among the most notable additions is an “Online” indicator that appears at the top of a group chat to show… Read more
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Inventex founder, an engineer for Coinbase at 14, wants to revolutionize patent applications
Daniel Ruskin started his career when he was a mere 14 years old as an engineer for Coinbase. As he tells it, he was a teenager “who knew how to code and wanted to build cool things.” Obviously too young to get a bank account, Ruskin did freelance development work he found on reddit in… Read more