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Maria Cabral Menezes, a 27-year-old former JPMorgan and Citadel trader, left finance to launch Reset Spray, a $29 product she describes as 'dry shampoo for clothes' that lets people refresh lightly worn garments between washes. The spray, which debuted in early August, generated $10,000 in sales in under a day and a half.
Meta's Threads platform has been flooded with posts using nearly identical wording, in which users claim they and their spouses work at major companies like PepsiCo, JPMorgan, Fidelity, or IBM before pivoting to promote investment advice or opportunities. The repetitive phrasing across accounts suggests coordinated or automated activity rather than genuine personal testimonials.
Gill Haus, CIO of Chase's consumer banking division, said the bank no longer hires engineers primarily to write code, since AI agents increasingly handle that task. Instead, he looks for engineers who understand what code should be written and how to evaluate and direct AI-generated output, while product leaders are also taking on coding responsibilities.
Meta reportedly built an internal leaderboard called Claudeonomics that ranked employees by AI token consumption, awarding titles like 'Token Legend' to top users who burned through over 60 trillion tokens in a month. Similar tracking has surfaced at Disney, JPMorgan, KPMG, Amazon, and Accenture, with some firms incorporating AI usage into performance reviews.
Thrive Capital founder Josh Kushner issued a statement defending his firm's involvement as lead investor in FIFA's now-abandoned FIFA Forward Enterprise plan, which would have sold private investors a 20% stake in FIFA's commercial rights for $4.2 billion. The plan collapsed after European and North American member associations objected to outside private-equity influence, and FIFA scrapped the proposal before it could go to a vote. Kushner said he still believes the underlying concept was sound but would not have gotten involved had he anticipated the fallout.