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Meta Hires Former RealReal CEO to Help Sell Its Smart Glasses

Meta Hires Former RealReal CEO to Help Sell Its Smart Glasses

Bloomberg14-02-2025

Meta Platforms Inc. has hired the former chief executive officer of luxury goods marketplace The RealReal Inc. to boost its retail sales channels for Quest headsets, smart glasses and other artificial intelligence wearables.
John Koryl is joining the social networking giant as vice president of retail, reporting to Chief Technology Officer Andrew Bosworth, the company said Friday in a memo to employees.

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Tech execs, Uncle Sam wants you for the US Army
Tech execs, Uncle Sam wants you for the US Army

Yahoo

time3 days ago

  • Yahoo

Tech execs, Uncle Sam wants you for the US Army

The US Army announced Friday that it was forming a new "Executive Innovation Corps." It aims to recruit senior tech executives to serve as part-time advisors in the Army Reserve. The CTOs of Meta and Palantir were among the first big-name recruits. Some of the US Army's latest recruits might be a little different from those you'd normally find rocking up to basic training. The Army announced Friday that it was establishing "Detachment 201," dubbed the "Executive Innovation Corps," to bridge what it called the "commercial-military tech gap" — and that some of Silicon Valley's top executives were among the first to enlist. In a press release, the Army said Shyam Sankar, CTO of Palantir, Andrew Bosworth, CTO of Meta, Kevin Weil, CPO of OpenAI, and Bob McGrew, advisor at Thinking Machines Lab, would be taking the rank of lieutenant colonel and serving as part-time technical experts in the new detachment. "Det. 201 is an effort to recruit senior tech executives to serve part-time in the Army Reserve as senior advisors," the Army said. "In this role they will work on targeted projects to help guide rapid and scalable tech solutions to complex problems. By bringing private-sector know-how into uniform, Det. 201 is supercharging efforts like the Army Transformation Initiative, which aims to make the force leaner, smarter, and more lethal." In an article published in The Free Press, Sankar, who has worked at Palantir since 2006, said the quartet would focus on finding solutions to the Army's "most ambitious transformation efforts, including accelerating outcomes in human-machine integrated formations, hypersonics, and recruiting and mentoring world-class talent." He also praised what he said was another step "in the right direction" in the US's efforts to counter global threats. "The drones are swarming today. Our adversaries aren't waiting for our acquisition cycles or deferring to our budget processes," he wrote. "They're building, iterating, and preparing for war." The Army's move comes as part of a wider push to transform the force and reimagine how it fights, trains, and procures equipment. The "Army Transformation Initiative," outlined in May, will see the Army "eliminate waste and obsolete programs" and focus on developing and integrating emerging technologies. Investors have been pouring cash into the defense tech industry since President Donald Trump returned to the White House. Trump has sought to revamp and modernize defense acquisitions since his return, helping fuel venture capital momentum. 2025 has already seen a number of huge deals, including maritime startup Saronic Technologies raising a $600 million Series C at a $4 billion valuation and drone company Epirus securing a $250 million Series D. Read the original article on Business Insider

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