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Meta Resumes AI Training on Public Content in the EU Amid Privacy Concerns
Meta Resumes AI Training on Public Content in the EU Amid Privacy Concerns
Meta has announced that it will begin training its AI models on public content from Facebook and Instagram users in the EU, reversing a previous pause due to regulatory scrutiny. This decision follows a limited AI launch in the EU last month and is in alignment with the General Data Protection Regulation (GDPR) guidelines. Users will receive notifications explaining the data usage and have the option to opt out. Meta emphasizes the importance of training its AI on diverse European data to better understand local nuances. The company aims to comply with legal obligations while enhancing its AI capabilities.
Created at: April 14, 2025 3:31pm
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Chipolo Launches New Tracker Compatible with Apple and Google Networks
Chipolo Launches New Tracker Compatible with Apple and Google Networks
Chipolo has unveiled its latest product, the Chipolo POP, which is compatible with both Apple and Google's lost-item finding networks. This innovation allows consumers to select a device without needing to know whether the recipient uses Android or iPhone. The new device features enhanced Bluetooth range of 300 feet, a user-replaceable battery lasting up to a year, and popular functions like phone finding and remote selfie shutter. The Chipolo POP is available in multiple colors and retails for $29. Chipolo has sold over 4.5 million devices, experiencing a 30% annual growth rate.
Created at: April 14, 2025 3:30pm
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Blue Origin's Historic All-Female Crew Launches into Space
Blue Origin's Historic All-Female Crew Launches into Space
Blue Origin successfully launched its New Shepard rocket, featuring the first all-female crew since 1963. The crew included notable figures like Katy Perry and Gayle King, highlighting women's roles in astronautics. This mission marks the 31st trip of the rocket and its 11th crewed launch. Despite criticism for catering to the wealthy, Perry emphasized the mission's focus on appreciating Earth. Participants must pay $150,000 for a spot on this journey. Blue Origin is also prepping for a second New Glenn rocket launch in the spring.
Created at: April 14, 2025 3:30pm
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Hugging Face Expands Robotics Reach with Pollen Robotics Acquisition
Hugging Face Expands Robotics Reach with Pollen Robotics Acquisition
AI development platform Hugging Face has acquired French robotics startup Pollen Robotics, known for its humanoid robot, Reachy 2. The undisclosed deal aims to enhance Hugging Face’s robotics initiatives, which previously included collaboration with Pollen on the open-source robot 'Le Robot' designed for household tasks. Founded in 2016, Pollen raised approximately €2.5 million from investors like Bpifrance before the acquisition. Developers will have the opportunity to download and modify Reachy 2's code, promoting innovation in humanoid robotics.
Created at: April 14, 2025 3:00pm
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Silicon Valley Crosswalk Buttons Hacked to Mimic Musk and Zuckerberg
Silicon Valley Crosswalk Buttons Hacked to Mimic Musk and Zuckerberg
Audio-enabled crosswalk buttons in Silicon Valley were hacked to play AI-generated voices of Elon Musk and Mark Zuckerberg. The altered buttons, found in Menlo Park, Palo Alto, and Redwood City, broadcasted humorous and unsettling messages. One button imitated Zuckerberg, reassuring users about AI's pervasive presence, while another voiced Musk's existential musings. Local officials confirmed an ongoing investigation into the incident, believed to be a possible act of hacktivism. The buttons, designed for accessibility, are typically secured with default passwords, which may have facilitated the breach.
Created at: April 14, 2025 2:00pm
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Kodiak Robotics to Go Public Through SPAC Merger
Kodiak Robotics to Go Public Through SPAC Merger
Kodiak Robotics, an autonomous trucking startup, plans to merge with Ares Acquisition Corporation II to go public, valuing the company at $2.5 billion pre-money. The deal is supported by over $110 million from institutional investors, including Soros Fund Management. While Kodiak has generated revenue from delivering autonomous trucks to Atlas Energy Solutions, the self-driving truck sector faces challenges with some competitors shutting down. The merger signals Kodiak's intent to expand its market presence and leverage its technology in trucking. The transaction is expected to close in late 2025.
Created at: April 14, 2025 2:00pm
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Conifer Secures $20M Seed Round for Innovative Electric Hub Motor
Conifer Secures $20M Seed Round for Innovative Electric Hub Motor
Conifer, a startup founded by former engineers from Lucid Motors and Apple's electric car project, has raised $20 million in seed funding to develop a novel electric hub motor. The company's design utilizes abundant ferrite magnets, eliminating rare earth elements, which reduces costs and supply chain risks. Conifer's motors promise higher efficiency and are half the size of current options, targeting small mobility applications. With interest from various sectors, including lawnmowers, Conifer plans to ship production motors later this year. The startup aims to localize its supply chain and automate manufacturing processes.
Created at: April 14, 2025 1:30pm
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Nvidia Expands U.S. Manufacturing for AI Chips
Nvidia Expands U.S. Manufacturing for AI Chips
Nvidia has announced plans to establish over a million square feet of manufacturing space in Arizona and Texas aimed at ramping up AI chip production domestically. The company has commenced the production of its Blackwell chips in Phoenix and is building supercomputer plants in Houston and Dallas. Mass production is expected to increase within 12-15 months, with ambitions to generate $500 billion in AI infrastructure within four years. CEO Jensen Huang emphasized the importance of U.S.-based manufacturing for enhancing supply chain resilience and meeting rising demand for AI technologies.
Created at: April 14, 2025 1:30pm
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Intel Sells Majority Stake in Altera Semiconductor Business
Intel Sells Majority Stake in Altera Semiconductor Business
Intel has finalized an agreement to sell a 51% stake in its Altera semiconductor division to private equity firm Silver Lake for $8.75 billion. This move is aimed at enhancing Intel's focus and financial structure while allowing Altera to operate independently under new CEO Raghib Hussain. The FPGA market is projected to grow significantly, with Altera generating $1.54 billion in revenue for fiscal year 2024. The transaction is expected to close in late 2025, contingent on standard closing conditions.
Created at: April 14, 2025 1:00pm
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Arnergy Secures $18M to Expand Solar Solutions in Nigeria Amid Rising Demand
Arnergy Secures $18M to Expand Solar Solutions in Nigeria Amid Rising Demand
Arnergy, a cleantech startup backed by Bill Gates, has raised $18 million to expand its solar energy solutions in Nigeria, where demand has surged due to increasing fuel costs and unreliable grid power. The funding includes a $15 million Series B extension, following a $3 million round last year. With petrol prices skyrocketing nearly 500% after subsidy removals, Arnergy's lease-to-own model has gained popularity, tripling its customer base. The company aims to install over 12,000 systems by 2029, but a proposed ban on solar panel imports poses challenges to growth.
Created at: April 14, 2025 8:30am
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Proton Mail vs Gmail: The Ultimate Email Showdown for 2025
Proton Mail vs Gmail: The Ultimate Email Showdown for 2025
In the ongoing debate between Gmail and Proton Mail, privacy and user experience take center stage. While Gmail remains the go-to for many, Proton Mail is gaining traction with its robust privacy features and native desktop applications. Proton Mail’s end-to-end encryption and user-friendly interface make it a strong contender for those prioritizing security. In contrast, Gmail offers wider integration with Google's ecosystem but lacks a dedicated desktop app. As both services evolve, users must weigh the importance of privacy against convenience in their email choice for 2025.
Created at: April 14, 2025 8:00am
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Google's Expressive Captions Make Sound More Accessible on Pixel 9
Google's Expressive Captions Make Sound More Accessible on Pixel 9
Google has enhanced its Expressive Captions feature, part of Android's Live Caption system, to improve accessibility for the deaf and hard of hearing. The latest update introduces new sound cues, including sneezes, burps, and yawns, which enrich the reading experience. This feature transforms spoken dialogue into a more immersive text representation, conveying tone and background sounds. Initially available on Pixel 9 devices, the update will soon roll out to other Pixel phones running Android 14 or above. This move aims to bridge emotional accessibility gaps in multimedia content for users and creators alike.
Created at: April 14, 2025 8:00am
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US-China Trade War Escalates: Beijing Halts Rare Earth Exports
US-China Trade War Escalates: Beijing Halts Rare Earth Exports
In a significant escalation of the US-China trade war, China has suspended exports of critical rare earth minerals essential for various industries including technology, automotive, and defense. This decision threatens global manufacturing and security operations as countries scramble for alternative suppliers. China produces nearly 90% of the world's rare earths, which are vital for electric vehicles, smartphones, and military hardware. With many Chinese ports halting shipments, the move could severely impact US military contractors and tech manufacturers, raising concerns over supply chain disruptions.
Created at: April 14, 2025 7:00am
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OpenAI Introduces ID Verification for Developers Accessing AI Models
OpenAI Introduces ID Verification for Developers Accessing AI Models
OpenAI is set to implement a Verified Organization status, requiring developers to undergo ID verification to access its advanced AI models. This initiative aims to ensure responsible usage of AI technologies and curb misuse by malicious actors. Developers must submit a valid government-issued ID, which can only authenticate one organization every 90 days. OpenAI is responding to increasing concerns over the exploitation of its APIs and the potential for misinformation and data integrity issues. The timeline for this verification process remains undisclosed.
Created at: April 14, 2025 6:00am
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Trump's Tariff Exemption for Tech Products Set to Expire Soon
Trump's Tariff Exemption for Tech Products Set to Expire Soon
US Commerce Secretary Howard Lutnick announced that the current exemption on tariffs for smartphones and laptops will last only a month or two, despite being temporarily lifted. This move comes as part of President Trump's strategy to encourage tech manufacturing within the United States. The exemption allows consumers to purchase these products without immediate price increases, but future tariffs will target the semiconductor industry and possibly include popular devices like iPhones. Tariffs on imports aim to incentivize American production and have sparked retaliatory actions from other countries.
Created at: April 14, 2025 3:30am
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Apple Set to Revamp iPadOS 19 with Key macOS Features
Apple Set to Revamp iPadOS 19 with Key macOS Features
Apple is reportedly overhauling iPadOS 19, integrating significant macOS features aimed at enhancing productivity and multitasking capabilities. Analysts suggest the changes will align the iPad experience more closely with that of the Mac, addressing long-standing user complaints about the operating system's stagnation. The upcoming updates promise unique features tailored for the iPad, making it a more viable alternative to traditional computers. The anticipated changes will likely be unveiled at the WWDC 25 event on June 9, alongside iOS 19 enhancements.
Created at: April 14, 2025 3:30am
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Netflix Tests AI Search Feature with OpenAI for Enhanced User Experience
Netflix Tests AI Search Feature with OpenAI for Enhanced User Experience
Netflix is reportedly testing a new AI-powered search feature in partnership with OpenAI, aimed at transforming how users find shows. Instead of requiring exact titles or details, users can describe what they’re looking for or the mood they wish to set. Currently, this feature is in testing phases in Australia and New Zealand, available exclusively on iOS. While Netflix has utilized AI for recommendations, this innovation promises a more intuitive search experience. Future rollouts are anticipated across other platforms and regions for broader accessibility.
Created at: April 14, 2025 3:00am
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Apple Vision Pro 2 and Affordable Variant in Development to Compete with Meta
Apple Vision Pro 2 and Affordable Variant in Development to Compete with Meta
Apple is reportedly developing the Vision Pro 2 and a cheaper version of its popular headset as it aims to challenge Meta's dominance in the XR market. Analyst Mark Gurman revealed that the Vision Pro 2 will focus on ultra-low latency and enhanced compatibility with Mac applications. Additionally, CEO Tim Cook is prioritizing the creation of advanced AR glasses to compete with Meta's offerings. Despite past sales struggles, Apple remains committed to evolving its Vision Pro lineup, with new devices expected soon to address previous shortcomings.
Created at: April 14, 2025 2:30am
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UK Founders Face Growing Frustration Over Funding Shortages
UK Founders Face Growing Frustration Over Funding Shortages
British startups raised only £16.2 billion last year, significantly trailing the more than £65 billion raised by Silicon Valley firms, highlighting a troubling trend. As U.S. venture capital funding surged to 57% of the global total in 2024, UK founders express increasing concerns over the funding landscape. Some, like ElevenLabs co-founder Mati Staniszewski, have even relocated to Delaware to attract American investors. Cleo's CEO, Barney Hussey-Yeo, contemplates a permanent move to San Francisco, citing a lack of capital in the UK and an urgent need for change.
Created at: April 14, 2025 12:00am
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OpenAI Introduces ID Verification for Access to Future AI Models
OpenAI Introduces ID Verification for Access to Future AI Models
OpenAI is implementing a Verified Organization ID verification process for developers seeking access to advanced AI models. This initiative aims to enhance security and prevent misuse of its APIs, particularly in light of past violations by some developers. Organizations must provide a government-issued ID, which can only verify one entity every 90 days. OpenAI's efforts come amidst concerns over data theft and unauthorized usage, underscoring its commitment to safe AI deployment. Notably, access to OpenAI services has been blocked in China since last summer.
Created at: April 13, 2025 9:30pm
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Apple Innovates with New Vision Pro Models to Enhance Mixed Reality Experience
Apple Innovates with New Vision Pro Models to Enhance Mixed Reality Experience
Apple is reportedly advancing its Vision Pro mixed reality headset following initial sales disappointments. According to Bloomberg's Mark Gurman, the tech giant is developing two new models aimed at addressing key user concerns such as weight and the steep $3,500 price tag. One model is designed to connect seamlessly with Macs for content streaming and enterprise app usage. CEO Tim Cook's long-term vision remains focused on creating lightweight augmented reality glasses suitable for all-day wear, indicating Apple's commitment to leading in mixed reality technology.
Created at: April 13, 2025 8:30pm
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Trump Administration's Tariff Exemptions on Tech Products: A Temporary Relief
Trump Administration's Tariff Exemptions on Tech Products: A Temporary Relief
U.S. Commerce Secretary Howard Lutnick confirmed that the recent exemptions on tariffs for consumer electronics like laptops and smartphones are temporary. While the Trump administration has delayed many tariffs, a 10% baseline remains, alongside a new 125% tariff on Chinese goods. Lutnick indicated that targeted tariffs on semiconductors are forthcoming, with a focus on reshoring production. He reassured that these tariffs should not lead to higher consumer prices but emphasized the need for domestic semiconductor manufacturing. Trump is expected to provide further details on this issue soon.
Created at: April 13, 2025 4:00pm
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Jack Dorsey and Elon Musk Propose to 'Delete All IP Law'
Jack Dorsey and Elon Musk Propose to 'Delete All IP Law'
In a provocative exchange, Jack Dorsey and Elon Musk expressed a desire to abolish intellectual property laws, igniting widespread debate. Dorsey, co-founder of Twitter and Square, initiated the topic with a tweet stating, 'delete all IP law,' to which Musk responded affirmatively. This discussion arises amidst ongoing lawsuits against AI companies like OpenAI for copyright violations. Critics argue this stance undermines creators' rights, while supporters suggest reforming current payment models for artists. The implications of their comments could influence future tech policies and intellectual property discussions.
Created at: April 13, 2025 3:30pm
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Linux Foundation Expands Its Reach with OpenInfra Merger
Linux Foundation Expands Its Reach with OpenInfra Merger
The Linux Foundation has significantly broadened its scope by merging with the OpenInfra Foundation, known for OpenStack. This move enhances its role as a key player in open source projects spanning cloud infrastructure, security, and more. Executive Director Jim Zemlin emphasized the importance of a 'portfolio approach' to foster collaboration across diverse technologies. The merger aims to tackle growing regulatory challenges and improve resource pooling. Zemlin also highlighted the Foundation's commitment to open source AI, underscoring the need for clearer definitions and standards in the evolving landscape.
Created at: April 13, 2025 2:30pm
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Amazon Drivers Trained to Save Lives with Defibrillators
Amazon Drivers Trained to Save Lives with Defibrillators
Amazon is evolving from a retail giant into a healthcare contender by equipping delivery vans with defibrillators and training drivers in CPR. This initiative, named Project Pulse, was piloted in cities like London and Amsterdam, where over 100 drivers participated. They responded to emergencies alerted by citizen responder apps, demonstrating Amazon's commitment to leveraging its logistics network for healthcare. Although the program is currently under evaluation, it reflects Amazon's ambitions to reshape healthcare delivery amidst competitors retreating from primary care. This could enhance Amazon's public image while expanding its healthcare footprint.
Created at: April 13, 2025 3:00am
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Apple's 'Mythic Quest' Concludes with Special Season 4 Finale
Apple's 'Mythic Quest' Concludes with Special Season 4 Finale
Apple TV+ has announced that its workplace comedy 'Mythic Quest' will end after four seasons, with a new version of its Season 4 finale set to premiere next week. This unique move follows the original finale aired on March 26, featuring a reedited ending to provide a proper goodbye to fans. Executive producers Megan Ganz, David Hornsby, and Rob McElhenney expressed gratitude for the opportunity to update the finale with Apple's support, allowing them to conclude the series meaningfully rather than abruptly.
Created at: April 12, 2025 8:30pm
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OpenAI Co-Founder Ilya Sutskever's Safe Superintelligence Hits $32B Valuation
OpenAI Co-Founder Ilya Sutskever's Safe Superintelligence Hits $32B Valuation
Safe Superintelligence (SSI), the AI startup founded by OpenAI co-founder Ilya Sutskever, has secured an additional $2 billion in funding, boosting its valuation to $32 billion. Prior to this round, SSI had already raised $1 billion and was reportedly planning to raise another billion. The funding round was led by Greenoaks, although SSI has not confirmed the new investment. Sutskever, who left OpenAI in May 2024, aims to develop a product focused on creating safe superintelligence. Currently, SSI's website serves only as a placeholder.
Created at: April 12, 2025 8:00pm
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Jeff Bezos Backs Affordable EV Startup Slate, Aiming for $25K Pickup
Jeff Bezos Backs Affordable EV Startup Slate, Aiming for $25K Pickup
Slate, an electric vehicle startup supported by Jeff Bezos, aims to produce an affordable two-seater pickup truck priced at $25,000. With a significant financial backing, Slate hopes to begin production by late 2026. In other news, a former Meta executive testified that the company allegedly colluded with the Chinese Communist Party, raising national security concerns. Additionally, Waymo plans to use interior camera data from its autonomous vehicles for AI training. The week also saw notable developments in the tech sector, including executive changes and industry insights.
Created at: April 12, 2025 5:30pm
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Trump Administration Exempts Key Tech Products from Tariffs
Trump Administration Exempts Key Tech Products from Tariffs
The Trump administration has announced significant tariff exemptions for the tech industry, delaying many previously announced tariffs while maintaining a baseline 10% tariff. Notably, smartphones, laptops, hard drives, and semiconductors will be exempt from the new 125% tariff on Chinese goods. This decision has been welcomed by tech giants like Apple and Nvidia, potentially easing costs for consumers. However, further investigations into semiconductor-related national security issues could still loom, leaving the tech landscape uncertain. Investors view this as a significant win for the industry.
Created at: April 12, 2025 5:30pm
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Elon Musk's xAI Acquires X: A Strategic Move for AGI Dominance
Elon Musk's xAI Acquires X: A Strategic Move for AGI Dominance
Elon Musk's AI startup, xAI, has acquired his social media platform X (formerly Twitter) in an all-stock deal, aiming to integrate xAI's chatbot Grok with X's operations. This merger highlights Musk's strategy of consolidating his ventures into a singular ecosystem, despite skepticism about X’s inflated valuation. Investors see potential in Musk’s interconnected businesses, which include Tesla and SpaceX. However, the acquisition faces risks, including an ongoing SEC lawsuit and regulatory scrutiny. Despite these challenges, some investors remain bullish on Musk's ability to innovate and deliver long-term value.
Created at: April 12, 2025 2:00pm
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Tesla Exodus 2025: Record High Used Listings as Owners Abandon Brand
Tesla Exodus 2025: Record High Used Listings as Owners Abandon Brand
Tesla is facing a significant downturn in popularity, with over 13,000 used units listed on the market, marking a 67% year-over-year increase. This surge is linked to a sharp decline in resale values, with the Model Y losing an average of $6,000 in the past year. New car sales have also plummeted, particularly in Germany, where sales dropped by 76%. The backlash against Tesla appears to be driven largely by CEO Elon Musk's controversial political associations, prompting many former fans to seek alternatives. The trend shows no signs of reversing as thousands of Teslas flood the used market weekly.
Created at: April 12, 2025 9:30am
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Katy Perry Prepares for Historic All-Female Space Flight with Blue Origin
Katy Perry Prepares for Historic All-Female Space Flight with Blue Origin
Katy Perry is set to join an all-female crew aboard Blue Origin's New Shepard rocket for a groundbreaking 10-minute space flight on April 14. The mission, featuring prominent names like Lauren Sanchez and Gayle King, marks a significant milestone in space exploration history. Perry, who has been studying astrophysics, aims to inspire future generations, particularly young girls, to pursue their dreams in space. She acknowledges the underrepresentation of women in space exploration and hopes to pave the way for more female astronauts. Viewers can catch the live launch on Blue Origin's social media channels.
Created at: April 12, 2025 4:00am
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SSA Turns to X for Communication Post-Layoffs Amid DOGE Restructuring
SSA Turns to X for Communication Post-Layoffs Amid DOGE Restructuring
The Social Security Administration (SSA) has announced a shift in its communication strategy following layoffs attributed to the Department of Government Efficiency (DOGE). Instead of traditional briefings, the agency will now use X, the platform owned by Elon Musk, to update the public on its activities. This change comes as part of a broader restructuring effort initiated by DOGE, which has also led to significant job cuts within the SSA. The extent of the layoffs remains unclear, but the agency confirms it will rely on social media for future communications.
Created at: April 12, 2025 3:30am
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ChatGPT's 'Barbie Box Challenge' Takes LinkedIn by Storm
ChatGPT's 'Barbie Box Challenge' Takes LinkedIn by Storm
The latest trend on LinkedIn is the 'Barbie Box Challenge' where users create action figure versions of themselves using ChatGPT's new image generation feature. This viral challenge allows participants to transform their images into collectible figurines, showcasing their work attire and essential accessories. To participate, users upload a photo and provide specific prompts about their desired look and theme. OpenAI's recent introduction of this feature has garnered immense popularity, although it has also led to increased demand on their servers. The trend highlights the creative potential of AI in personal branding.
Created at: April 12, 2025 3:00am
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Forerunner Ventures Adapts to New IPO Landscape in Consumer Startups
Forerunner Ventures Adapts to New IPO Landscape in Consumer Startups
Forerunner Ventures, established 13 years ago, has successfully backed consumer startups like Warby Parker and Glossier, none of which pursued traditional IPOs. Founder Kirsten Green emphasizes that alternative routes to going public are now standard, as companies like Chime consider IPOs while others like Ōura focus on growth. Green highlights the increasing importance of the secondary market for liquidity and efficient price discovery, noting Chime's fluctuating valuation. The firm aims to identify shifts in consumer behavior and invest early, adapting to a landscape where patience is vital for big returns.
Created at: April 12, 2025 12:30am
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Meta's Maverick AI Model Falls Short in Chat Benchmark Rankings
Meta's Maverick AI Model Falls Short in Chat Benchmark Rankings
Meta's latest AI model, Llama-4-Maverick, has come under scrutiny after scoring poorly on the LM Arena benchmark. The unmodified version ranked lower than established competitors like OpenAI's GPT-4o and Google’s Gemini 1.5. The controversy arose when Meta used an experimental variant to achieve a high score, prompting the benchmark maintainers to revise their policies. While Meta defended its approach, stating that customization allows for varied use cases, the incident raises concerns about the reliability of such benchmarks in assessing AI performance across different contexts.
Created at: April 11, 2025 11:00pm
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Google Cloud Next Unveils Innovative AI Startups and Features
Google Cloud Next Unveils Innovative AI Startups and Features
At the Google Cloud Next conference in Las Vegas, Google announced its next-generation AI processing chip, Ironwood, and the AI model Gemini 2.5 Flash. The event showcased numerous AI startups leveraging Google Cloud, including Cursor, valued at $10 billion, and Hebbia, which raised $130 million for its legal AI solutions. Other notable mentions were Magic, Physical Intelligence, and Synthesia, all securing significant funding and partnerships. Google aims to strengthen its position against competitors like Microsoft Azure and AWS by attracting these rising stars to its cloud platform.
Created at: April 11, 2025 10:00pm
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Law Professors Back Authors in Copyright Clash with Meta Over AI Training
Law Professors Back Authors in Copyright Clash with Meta Over AI Training
A coalition of copyright law professors has filed an amicus brief supporting authors in a lawsuit against Meta, accusing the tech giant of unlawfully training its Llama AI on copyrighted ebooks. The brief challenges Meta's fair use defense, asserting that such training is not transformative and serves commercial purposes that compete with original works. Prominent authors like Richard Kadrey and Sarah Silverman claim Meta infringed their intellectual property by using their works without permission. The case, Kadrey v. Meta, continues in the U.S. District Court, raising significant questions about AI and copyright law.
Created at: April 11, 2025 9:30pm
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Meta Expands Board with Stripe CEO and Banking Executive
Meta Expands Board with Stripe CEO and Banking Executive
Meta has announced the addition of Stripe CEO Patrick Collison and banking executive Dina Powell McCormick to its board. Collison, who co-founded the digital payments giant valued at $91.5 billion, previously served on Meta’s advisory group. Powell McCormick, a former Deputy National Security Advisor, brings extensive experience from her 16 years at Goldman Sachs. Their appointments are part of Meta's strategy to enhance its board with global business experts ahead of an upcoming antitrust trial. Both appointments will take effect on April 15.
Created at: April 11, 2025 9:30pm
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38 Female Startup Founders Urge Trump to Reconsider Tariffs Impacting Small Businesses
38 Female Startup Founders Urge Trump to Reconsider Tariffs Impacting Small Businesses
In an open letter, 38 female consumer product founders have raised concerns over President Trump's increased tariffs, particularly the 145% levy on imports from China. They argue that such tariffs could severely impact small businesses, which lack the resources to absorb these costs. The letter, spearheaded by Allison Luvera of Juliet Wine, highlights the challenges of sourcing affordable packaging components domestically. The founders are advocating for exemptions and support measures for small businesses struggling with supply chain issues due to these tariffs. They are calling on Congress to assess the economic impact on their sector.
Created at: April 11, 2025 8:30pm
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