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ShopMy, which lets brands run influencer marketing efforts, raised $70M led by Avenir at a $1.5B valuation, up from ~$410M after raising $77.5M in March 2024 (Diana Pearl/The Business of Fashion)

Diana Pearl / The Business of Fashion : ShopMy, which lets brands run influencer marketing efforts, raised $70M led by Avenir at a $1.5B ...

22 October 2025

Internal memo and a source: Meta is cutting ~600 jobs out of several thousand within its Superintelligence Lab, including in its FAIR unit, to cut bureaucracy (Ina Fried/Axios)

Ina Fried / Axios:
Internal memo and a source: Meta is cutting ~600 jobs out of several thousand within its Superintelligence Lab, including in its FAIR unit, to cut bureaucracy  —  Meta is cutting several hundred roles from its AI unit even as it continues to hire for its newer TBD Lab, Axios has learned.

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