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
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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