In Brief

Zuckerberg: Snapchat would have grown faster if it accepted $6B buyout offer

Apps /

During Meta’s antitrust trial this week, Meta CEO Mark Zuckerberg said that Snapchat would have grown faster if it accepted his company’s offer to buy the social network back in 2013, Business Insider reports. Court documents revealed that Meta, then called Facebook, offered to buy Snapchat for $6 billion (reports at the time said that […]

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Meta adds Stripe CEO Patrick Collison and Dina Powell McCormick to its board

Social /

Banking executive and former presidential advisor Dina Powell McCormick and Stripe co-founder and CEO Patrick Collison are joining the board of Meta, according to a report from Axios. Powell McCormick spent 16 years in several leadership roles at Goldman Sachs. She also served as Deputy National Security Advisor to President Donald J. Trump during his

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Hacked documents reveal guide to serving Elon Musk on private jets

Transportation /

A recent breach of Berkshire Hathaway-owned private jet company NetJets has revealed a guide for flight attendants serving Elon Musk, per a Bloomberg report. The memo offers an interesting glimpse into the personal preferences of the world’s richest man. Some of the preferences are surprising for the CEO of Tesla, a company dedicated to sustainability.

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Google is allegedly paying some AI staff to do nothing for a year rather than join rivals

AI /

Retaining top AI talent is tough amid cutthroat competition between Google, OpenAI, and other heavyweights. Google’s AI division, DeepMind, has resorted to using “aggressive” noncompete agreements for some AI staff in the U.K. that bar them from working for competitors for up to a year, Business Insider reports. Some are paid during this time, in

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Klarna and StubHub delay IPOs because of Trump tariff turmoil

Venture /

The tentative re-opening of the IPO window is already swinging towards being closed again. With the public stock markets in a freefall after President Trump announced sweeping tariffs, two of the tech industry’s highly anticipated IPOs are hitting pause, The Wall Street Journal reports: Klarna and StubHub. Both fintech Klarna and ticket marketplace StubHub released

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CaaStle board confirms financial distress, furloughing employees

Startups /

CaaStle, a startup that launched in 2011 as a plus-sized clothing subscription service and later became an inventory monetization platform for clothing retailers, is facing financial difficulties, the company confirmed to TechCrunch following a report by Axios. Citing a letter from the board, Axios reported that the company is almost out of money, CEO Christine

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