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Internal memo: Adam Mosseri says Meta has named long time executive Connor Hayes as head of Threads, starting in mid-September; Hayes joined Meta in 2011 (Sara Fischer/Axios)

Sara Fischer / Axios : Internal memo: Adam Mosseri says Meta has named long time executive Connor Hayes as head of Threads, starting in m...

17 July 2025

Big Tech acquihiring AI startups, like Meta's Scale AI deal, gives VCs only modest returns compared to traditional exits and may entrench Big Tech's dominance (Parmy Olson/Bloomberg)

Parmy Olson / Bloomberg:
Big Tech acquihiring AI startups, like Meta's Scale AI deal, gives VCs only modest returns compared to traditional exits and may entrench Big Tech's dominance  —  Meta and Google's AI talent grab may lead to more sustainable tech companies.  —  If you're a venture capitalist …

Posted from: this blog via Microsoft Power Automate.

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