Klaviyo acquires Elias Torres’ Agency in full-circle reunion for tech founders

Publicly traded e-commerce marketing automation platform Klaviyo has agreed to acquire Agency, a three-year-old AI-powered customer success startup founded by serial entrepreneur Elias Torres. The terms of the deal were not disclosed. Founded in 2023, Agency had raised $32 million from investors including Sequoia, Menlo Ventures, and Felicis prior to the acquisition. As part of…

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Meta Ran Ads That Contained AI-Generated Child Sexual Abuse Imagery

Editor’s note: This article contains descriptions of imagery depicting child sexual abuse. Reader discretion is strongly advised. Over the last nine months, Mark Zuckerberg’s Meta has run dozens of paid ads that include explicit AI-generated child sexual abuse material (CSAM) and images of minors alongside sexually suggestive statements, according to details of the ads shared…

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Shopify says AI search is driving more traffic and sales, not replacing Google

E-commerce software maker Shopify seems to be benefiting handily from people using AI to search. On the company’s second-quarter earnings call, Shopify President Harley Finkelstein said AI has become a “complement to search, rather than a substitute for it,” and had particularly benefited the long tail of e-commerce, including the smaller merchants that make up…

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