Deloitte US has expanded its $1,000 annual wellness subsidy to include items like Lego sets, puzzles, kitchenware, and spa services. The update, effective June 1, drew enthusiastic reactions from staff, who see it as a small but appreciated nod to the pressures of...
Paul Drecksler is the founder and editor of Shopifreaks E-commerce Newsletter, covering the most important stories in e-commerce since 2021.
Ramp in talks to raise $200M at $16B valuation as fintech interest rebounds
Corporate card and expense startup Ramp is in discussions to raise $200 million at a $16 billion valuation, up from $13 billion in March and more than double its valuation a year ago. The company has reached $700 million in annualized revenue and is seeing renewed...
Anne Wojcicki’s nonprofit to acquire 23andMe for $305 million after bankruptcy
Anne Wojcicki, co-founder of 23andMe, is reclaiming the company through her new nonprofit TTAM Research Institute, which has agreed to acquire nearly all of 23andMe’s assets for $305 million. The deal, which includes its DNA testing business and telehealth unit...
US government plans July 4 launch of AI.gov to drive agency-wide AI adoption
The federal government is preparing to launch AI.gov, a centralized platform and API aimed at accelerating AI integration across agencies. Led by former Tesla engineer Thomas Shedd under the GSA’s Technology Transformation Services, the initiative includes tools from...
GameStop bets on Pokémon cards and Bitcoin as part of new strategy
GameStop CEO Ryan Cohen says the company is doubling down on trading cards, especially Pokémon, as a “natural extension” of its business, citing their high margins and recent surging demand. Pokémon card sales, including the sold-out Destined Rivals set, helped boost...
OpenAI and Anthropic are luring top AI talent from Meta
Despite offering compensation packages exceeding $2 million, Meta is losing AI talent to startups like OpenAI and Anthropic, according to VC Deedy Das. Anthropic in particular is attracting engineers from DeepMind, Hugging Face, and top tech firms, while only losing a...
Meta AI’s public feed is a privacy minefield and emotional mess
Meta’s new stand-alone AI chatbot app includes a public “Discover” feed that displays user-submitted chats, and it’s quickly become a chaotic mix of oversharing, confusion, and unsettling vulnerability. While sharing isn’t automatic, many users appear unaware their...
OpenAI’s Sam Altman downplays AI’s environmental toll amid water and energy concerns
In a recent blog post, OpenAI CEO Sam Altman claimed that ChatGPT uses minimal water and electricity per query, which are estimates that starkly contradict prior academic research according to Gizmodo author Kyle Barr. Altman suggested a single prompt consumes just...
Squarespace targets Aussie and Kiwi tradies with nostalgic new campaign
Squarespace has launched a new brand campaign across Australia and New Zealand called “Click! Click! Click!”, celebrating tradespeople as the backbone of small business. Inspired by the folk song "Click Go the Shears," the ad reimagines the tune to show how tradies...
Sojo Industries raises $40M to scale mobile manufacturing and packaging tech
Sojo Industries, a robotics and packaging startup focused on food and beverage supply chains, has raised $40 million to expand its mobile manufacturing lines and real-time logistics platform. The funding, led by S2G Investments, will help scale Sojo Flight deployments...
Walmart expands drone delivery to five new metro areas
Walmart is expanding its drone delivery program with partner Wing to 100 additional stores across Atlanta, Charlotte, Houston, Orlando, and Tampa, building on years of testing in Texas and Arkansas. The service, which has completed over 150,000 deliveries to date,...
VCs pour money into AI customer support startups Intercom and Kore.ai
Investors are aggressively backing AI-driven customer support companies, with Intercom in talks to sell over $100 million in shares at a valuation above $2 billion and Kore.ai seeking to raise about $150 million at a valuation between $2.5 billion and $4 billion. Both...
Etsy quietly tightens creativity standards, targeting 3D prints, digital vintage files, and generic goods
Etsy has made unannounced updates to its creativity standards, effective June 10, 2025, restricting the sale of certain 3D printed items made from third-party templates, scanned vintage digital files, generic resold goods, and more. The changes also clarify...
Shopify drops “UX” from design titles to emphasize human creativity
Shopify chief design officer Carl Rivera has removed “UX” and “content designer” from job titles to encourage designers to focus on human skills like taste, intuition, and creativity, rather than codified best practices that AI can now replicate. Rivera argues that...














