Ann Gehan

1 week ago | theinformation.com | Ann Gehan

Source: The InformationProtein bar startup David announced $75 million in fresh funding and the acquisition of ingredient supplier Epogee Thursday. Inclusive of the new funding, David’s valuation is now $725 million, cofounder and CEO Peter Rahal said in an interview. David is among the startups that have leaned into consumer enthusiasm for high-protein snacks, and says its bars have the highest protein-to-calorie ratio on the market, in part due to its use of EPG, an oil-based fat substitute.

1 week ago | theinformation.com | Ann Gehan

Source: The InformationShein is considering switching its planned initial public offering from London to Hong Kong, according to news reports Wednesday. The fast-fashion giant is weighing the switch because its Chinese securities regulators haven’t yet approved a London IPO, the reports said. Shein had received signoff from the U.K.’s Financial Conduct Authority and was waiting for approval from the China Securities Regulatory Commission, Reuters reported in April.

1 week ago | theinformation.com | Ann Gehan

Artificial intelligence is ready to disrupt the $1.2 trillion U.S. e-commerce industry. And ad giants, retailers and payment companies are bringing in reinforcements. The Information tracked 14 executives leading key products and partnerships at the center of an AI-driven shift in how people shop for and buy things online.

2 weeks ago | theinformation.com | Ann Gehan

Google on Tuesday unveiled a partnership with Warby Parker to introduce smart glasses, posing a major threat to Meta Platforms’ market lead in smart glasses. The glasses were among a slew of new products and features announced at its I/O developer conference on Tuesday. Much of Tuesday’s presentation showed how Google is moving ahead on multiple fronts to defend its most important business of search advertising from incursions by ChatGPT creator OpenAI.

2 weeks ago | theinformation.com | Ann Gehan

Source: The InformationGoogle is working with Warby Parker to develop AI-powered smart glasses, the companies said Tuesday, sending shares in the eyewear company up more than 14%. The move puts Google in direct competition with Meta, which launched its smart Ray-Ban glasses in late 2023.