Stripe data: AI startups took a median 11 months to hit $1M in annualized revenue after their first sales, vs. 15 months for previous gen of SaaS companies (Madhumita Murgia/Financial Times)

Madhumita Murgia / Financial Times:
Stripe data: AI startups took a median 11 months to hit $1M in annualized revenue after their first sales, vs. 15 months for previous gen of SaaS companies  —  New data from payments group Stripe suggest artificial intelligence groups are making revenues at an unprecedented rate

An interview with Rabbit founder Jesse Lyu on the Rabbit R1 on criticism of the AI device, bad reviews, and more; Lyu says ~5,000 people now use the R1 daily (Liz Stinson/Fast Company)

Liz Stinson / Fast Company:
An interview with Rabbit founder Jesse Lyu on the Rabbit R1 on criticism of the AI device, bad reviews, and more; Lyu says ~5,000 people now use the R1 daily  —  In a frank conversation at the Fast Company Innovation Festival, Ammunition's Robert Brunner and Rabbit's Jesse Lyu unpacked AI hardware's slow start.

NOYB files a privacy complaint against Mozilla with the Austrian data protection authority, accusing the Firefox maker of tracking users without consent (Supantha Mukherjee/Reuters)

Supantha Mukherjee / Reuters:
NOYB files a privacy complaint against Mozilla with the Austrian data protection authority, accusing the Firefox maker of tracking users without consent  —  Vienna-based advocacy group NOYB on Wednesday said it has filed a complaint with the Austrian data protection authority against Mozilla accusing …

Raspberry Pi reports H1 2024 revenue up 61% YoY to $144M, gross profit up 47% YoY to $34.2M, and unit volume up 31% YoY to 3.66M; RPI jumps 5%+ pre-market (Stephanie Stacey/Financial Times)

Stephanie Stacey / Financial Times:
Raspberry Pi reports H1 2024 revenue up 61% YoY to $144M, gross profit up 47% YoY to $34.2M, and unit volume up 31% YoY to 3.66M; RPI jumps 5%+ pre-market  —  Shares rise after UK microcomputer maker publishes first earnings report since June IPO  —  Shares in Raspberry Pi jumped on Tuesday …

Similarweb: daily X users in the UK fell from 8M in May 2023 to 5.6M now, with 33%+ of the fall coming after the summer riots; US DAUs fell by ~20% in that time (Jemima Kelly/Financial Times)

Jemima Kelly / Financial Times:
Similarweb: daily X users in the UK fell from 8M in May 2023 to 5.6M now, with 33%+ of the fall coming after the summer riots; US DAUs fell by ~20% in that time  —  The great migration from Elon Musk's X has seen users, especially progressives, retreat into one particular silo

A profile of SoftBank's Masayoshi Son, who transformed the Japanese tech conglomerate into a global investment group and is criticized for high-risk investments (Lionel Barber/Financial Times)

Lionel Barber / Financial Times:
A profile of SoftBank's Masayoshi Son, who transformed the Japanese tech conglomerate into a global investment group and is criticized for high-risk investments  —  He has won and lost fortunes with his bets on technology.  So is the investor a visionary — or a gambler who got lucky?