[BIG TECH]■ STORY TIMELINE

META INVESTS $900M IN CRED, APPOINTS SHAH TO LEAD WHATSAPP

Meta is investing $900 million into Indian fintech startup Cred for approximately a 20% stake. The company will appoint Cred founder Kunal Shah as WhatsApp's new leader, replacing Will Cathcart.

5 SOURCESFIRST SEEN JUN 22, 01:11 PM► READ THE ARTICLE

Techmeme+0m

Meta invests $900M into Indian fintech Cred for a ~20% stake, and plans to appoint Cred founder Kunal Shah as the leader of WhatsApp, replacing Will Cathcart (Kurt Wagner/Bloomberg)

Kurt Wagner / Bloomberg: Meta invests $900M into Indian fintech Cred for a ~20% stake, and plans to appoint Cred founder…

TechCrunch+2h 10m

WhatsApp gets new chief as Meta taps India’s CRED founder Kunal Shah, and invests $900M in startup

WhatsApp gets a new boss, as Will Cathcart moves to a new role at Meta, while Shah steps down as CEO of Indian fintech g…

Techmeme+7h 53m

Sources: Meta internally exposed data from its employee-tracking program meant to help train its AI models, including full prompts and private conversations (Wired)

Wired: Sources: Meta internally exposed data from its employee-tracking program meant to help train its AI models, inclu…

Techmeme+23h 57m

Meta unveils Meta Adventurer and Fury glasses, each priced at $299, its first under its own brand, and a $399 Starfire model in collaboration with Kylie Jenner (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg: Meta unveils Meta Adventurer and Fury glasses, each priced at $299, its first under its own bra…

Techmeme+1d

Meta's Starfire glasses with Kylie Jenner include a tiny gemstone on the lens, a metal nose pad to prevent absorbing makeup, and an AI version of Kylie's voice (Julian Chokkattu/Wired)

Julian Chokkattu / Wired: Meta's Starfire glasses with Kylie Jenner include a tiny gemstone on the lens, a metal nose pa…

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