Social media app Vero seemed to gain massive popularity overnight, and the #DeleteVero campaign came just as quick.
But CEO Ayman Hariri told Cheddar the backlash is over “incorrect information.”
“The things that transpired [at my old company] happened after I left,” he said.
Hariri, son of former Lebanese Prime Minister Rafic Hariri, has come under fire for alleged human rights violations at a now-shuttered Saudi Arabian construction company where he once served as deputy CEO.
Tens of thousands of workers at the family-run business reportedly filed complaints of unpaid wages, but Hariri, who left the firm in 2013, denied any involvement.
Vero was launched in 2015, but catapulted to the top of Apple’s app store in the past week. It reimagines Instagram by removing the square-image restrictions, making it a major draw for photographers. It’s also free of ads and allows users to post more than just images and videos.
“You can share anything from your camera roll. You can share any link to anything online. You can share any song, any movie or TV show, any book, and any place,” Hariri explained.
For the full interview, [click here](https://cheddar.com/videos/vero-founder-and-ceo-addresses-controversy-over-past-company-and-deletevero).
The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.
