Welcome back to review! We've got a lot of news for you this week: Instacart and 11x CEO Chake-Ups; the web series is back - a little bit; threads are getting video ads; and more. Let's get started!

Big move: Instacart CEO Fidji Simo will become CEO of OpenAI application, the company said this week. Simo is already on the Openai board of directors. CEO Sam Altman said her mission was to help Openai expand the functions of a "traditional" company, but he did not provide details on what that means.

Speaking of Openai: The company decided that its nonprofit sector would retain control over its for-profit organization after it initially announced plans to convert to a for-profit organization. Openai said it made “after hearing the opinions of the citizen leaders and having a constructive conversation with the offices of the Delaware Attorney General and the California Attorney General.”

Speaking of the CEO's actions: 11 times CEO Hasan Sukkar announced that he is resigning and promoted to the position of "non-executive chairman". In March, TechCrunch reported that 11 times showed off the client logo of inactive customers on its website, one of which threatened to bring it up.

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Trademark friction: Tesla wanted to trademark the terms "Cybercab" and "Robotaxi" but was rejected by the U.S. Patent and Trademark Office because the terms were too generic. Tesla has three months to submit a reply, or the office will waive the application.

no thanks: Speaking at the Stripe annual conference meeting in San Francisco, Fung Chief Executive Mark Zuckerberg has developed his plan to automate the entire advertising industry using black boxes, end-to-end AI advertising tools. As Maxwell Zeff reported: “From a user experience perspective, it’s an empty question considering they’re already full of generated AI Slops.”

Speaking of advertising: Meta announced at the NewFronts conference that it is testing video ads in threads. This update is recently announced by Meta's threads now have more than 350 million active users per month.

Yes, please! I'm not too savvy in the kitchen, so Posha's new robot cooks your meals for you sound like a dream come true. You scroll through the recipe list, select the recipe you want, add the appropriate amount of the desired ingredients, and cook from there.

Baby, we're back: Before the rise of vertical videos, the script network series on YouTube had successfully inserted favorite TV shows like "Broad City", "Insecure" and "Letterkenny". Now, the web series is back, but it lives on a new platform: tiktok.

Goodbye True: Bill Gates said Thursday that the Gates Foundation will only have 20 years to run out of its safe and lower its business. He has committed to donating 99% of his wealth to the foundation, worth $100 billion today.

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What's next for Openai: Openai's new restructuring plan could meet regulators and investors who make substantial investments in companies looking for future profits. But it could also undermine Openai's future ambitions, especially in terms of potential IPOs.