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.
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 by 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.
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.
VC giant Insight Partners notifies staff and limited partners after data breach
The venture capital giant, behind cyber giants Wiz and Databricks, said it has notified current and former employees and the firm’s limited partners of its January breach.
Cognition AI defies turbulence with a $400M raise at $10.2B valuation
Founders Fund, the Peter Thiel-backed VC, led Cognition’s latest round, with participation from existing investors like Lux Capital, Joe Lonsdale’s 8VC, Elad Gil, Definition Capital and Swish Ventures.
Google’s AI Mode adds 5 new languages including Hindi, Japanese, and Korean
Google’s AI Mode is rolling out in Hindi, Indonesian, Japanese, Korean, and Brazilian Portuguese.
Space Dots raises $1.5M seed round to provide insights on orbital threats
Cefalo is the founder of Space DOTs, which launched in 2022 to detect space threats. She and her team have created a software platform for space tech manufacturers and operators to help them capture various data