StyleSeat co-founder and CEO Melody McCloskey talks about the growth of her company, as well as the lack of women in Silicon Valley boardrooms. StyleSeat allows users to find spas and salons and book appointments, while also allowing those businesses to grow.
McCloskey says the StyleSeat platform empowers beauty professionals, which in turn means it empowers women since 75% of workers in the industry are female. The CEO says fundraising was very hard in the beginning since it was nothing VCs had ever seen before.
McCloskey addresses the accusations of sexism and harassment surrounding Uber CEO Travis Kalanick, who was an early investor in StyleSeat. McCloskey explains all of her interactions with Kalanick have been "very supportive." McCloskey can't talk about revenue goals but says StyleSeat has been profitable for a while now.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Shares of Deliveroo, the food delivery service based in London, are hitting three-year highs on Monday after it received a $3.6 billion proposed takeover offer from DoorDash.
X, the social media platform owned by Trump adviser Elon Musk, is challenging the constitutionality of a Minnesota ban on using deepfakes to influence elections and harm candidates.
The State Bar of California has disclosed that some multiple-choice questions in a problem-plagued bar exam were developed with the aid of artificial intelligence.