A Florida teenager drops his lawsuit accusing Meta of creating harmful social media features, following settlements with co-defendants TikTok, Snap, and YouTube — For Meta, the move was a reprieve after it and YouTube were found guilty in another case in March of negligence and personal injury for their platforms' addictive features.
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Travis Kalanick's robotics startup Atoms raised $1.7B led by a16z, with Uber and others participating; Ben Horowitz will join the startup's board — Travis Kalanick's robotics company, Atoms, has raised $1.7 billion in a funding round led by Andreessen Horowitz.
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Yope, a social network that has ~15M registered users for its “micro communities” and no algorithms, ads, or public content, raised $12.3M seed led by Northzone — As social media has evolved from a place to connect with friends into large-scale entertainment platforms …
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Genius AI, formerly GlossGenius, which pivoted from a salon management platform to offer AI tools for service SMBs, raised a $44M Series D at a $1.15B valuation — There's a new female-founded unicorn. GlossGenius, which started as a salon management platform, just raised $44 million …
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Sources: Cathedral, launched by ex-DOGE staffers to use AI to expand US military cyber capabilities, raised $160M led by a16z and Sequoia at a $1.4B valuation — A team of former DOGE employees have raised a major funding round for a startup that aims to use AI to expand U.S. military cyber capabilities …
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