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Meta plans to launch Threads in the EU, Substack rolls out video creation and editing tools for video podcasts

Top News

Meta plans to launch Threads in the EU in December, its largest expansion since its July 2023 debut, but only for consumption, no profiles or posting. - Link

Substack rolls out video creation and editing tools to enable creators to publish video podcasts, create interactive AI-made transcripts, and customize clips. Link

Salesforce reports Q3 revenue up 11% YoY to $8.72B, vs. $8.72B est., and raises its FY 2024 forecast for operating cash flow growth; CRM jumps 6%+. - Link

On December 1, Google will start deleting personal Google accounts that have been inactive for at least two years; once deleted, no data can be recovered. - Link

Amazon releases its own AI-powered image generator. - Link

Startup Funding

Huboo is a tech-enabled warehousing company helping startups and SMEs outsource fulfillment by integrating popular sales channels and marketplaces. They raised $36.6 million from Ada Ventures, Maersk, and unspecified debt investment from HSBS and BlackRock, totalling $154 million in equity. - LinkedIn

Kognitos is an operating system for rapid automation fuelled by AI and a natural language interpreter where users can build automation and manage exceptions in intuitive English. They have raised $20 million in a funding round led by Khosla Ventures with participation from Clear Ventures, Engineering Capital, and Wipro Ventures, bringing the total funding to $30 million. - LinkedIn

Pika is creating an AI-powered platform to generate videos from captions and still images. The company just announced that it raised $55 million in a funding round led by Lightspeed Venture Partners. - X

Plane is an open-source software development tool to manage issues, sprints, and product roadmaps. They just landed a $4M seed round funded entirely by OSS Capital. - LinkedIn

Product Demo & Launches

Digger is a tool that helps manage Infrastructure as Code (IaC) projects, like Terraform and OpenTofu, in an easy way. It works with GitHub Actions to coordinate these tasks smoothly.

Syllaby is a platform that helps you create your own realistic digital clone for marketing purposes to help you form deeper connections with your audience.

HeadshotPro's Avatar Generator uses DALL-E 3 to analyze your photo, describe it, and generate an avatar image from scratch.

Top Founder Story/Advice of the day

Gloria Lin, having worked at Flipboard and Stripe, sought a co-founding partner to complement her skills. She discovered that finding a suitable co-founder was challenging, as it required a mutual willingness to undertake a startup and synchronicity in life and financial circumstances. Lin's methodical process involved 'dating' six potential co-founders over a year, leading to a successful partnership with Joel Poloney for their venture, Siteline. - Link

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