Meta reports Q1 revenue up 16% YoY to $42.3B, vs. $41.4B est., net income up 35% to $16.6B, family daily active people up 6% to 3.43B on average for March 2025
and why simply isolating Chinese advertising spend was misguided... X: Roman Helmet Guy / @romanhelmetguy : Zuckerberg explaining how Meta is creating personalized AI friends to supplement your real o...
a16z plans to open a crypto-focused office in London and leads a $43M round in London-based Gensyn, which offers a decentralized compute network for training AI
Over the last year it has become clear that blockchains … Reuters : London crypto move is a sign of desperate times FinSMEs : Gensyn Raises £33.8M in Series A Funding Eli Dambel / Bitcoinist.com : a16...
A New York lawyer faces sanctions for using ChatGPT to write his legal brief that had “bogus judicial decisions, with bogus quotes and bogus internal citations”
Thanks, ChatGPT? Maya Posch / Hackaday : ChatGPT v. The Legal System: Why Trusting ChatGPT Gets You Sanctioned CourtListener : Mata v. Avianca, Inc. (1:22-cv-01461) Igor Bonifacic / Engadget : A lawye...
Direct-to-consumer retailer Brandless shuts down, becoming the first company backed by SoftBank's Vision Fund to do so
Good morning and welcome back to Merger Week. Tom Maxwell / Input : Brandless is shutting down after two years and $300 million invested Miles Kruppa / Financial Times : SoftBank-backed Brandless cuts...
A close reading of the S-1 of the soap opera that is The We Company, a “tech company” whose mission “is to elevate the world's consciousness”
Fruit Water and Financial Arbitrage Shira Ovide / Bloomberg : WeWork IPO Shows It's the Most Magical Unicorn Byrne Hobart / Medium : What is We!? Understanding the WeWork IPO Gabriela Barkho / Observe...
Farming-as-a-service startup Infarm raises $100M Series B for its remotely operated modular farms placed in grocery stores, restaurants, other urban locations
Infarm, the Berlin-based startup that has developed vertical farming tech for grocery stores and restaurants, is disclosing $100 million in in Series B investment. Tweets: @balderton and @tomfgoodwin ...