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Marley Alles, once an accountant, discovered her true calling in the fashion industry after realizing the wastefulness of expensive, one-time-wear bridesmaid dresses and bachelorette outfits. Her personal experience led her to create Rax, a peer-to-peer clothing rental company, which recently expanded into the U.S. market. Rax offers long-term rentals, setting it apart from competitors, and plans to develop a rental service platform for fashion designers and retailers, contributing to the growing demand for sustainable fashion.

Instagram is bringing Reels to your TV with IG for TV, a new way to watch short-form videos on Amazon Fire TV. This move aims to compete with YouTube and make it easier for users to consume content in a home-entertainment setting. The experience will be personalized, with Reels organized into channels and categories, and users can like, view comments, and re-share videos directly from their TV. Up to five accounts can be linked, and a new account can be created specifically for TV viewing.

Apple TV App for Android Now Supports Google Cast, Expanding Content Access: Apples move to embrace Google Cast allows Android users to stream Apple TV content directly to their TVs, potentially attracting those frustrated by Netflixs recent change. Apple TVs library includes popular shows and films, along with live sports events.

Scattered Lapsus$ Hunters, a hacking group linked to ShinyHunters, claims to have stolen Pornhubs premium members data, threatening to expose it unless Pornhub pays up. The breach also affected Mixpanel, a web and mobile analytics provider, exposing analytics events from some Pornhub Premium users. Other companies like OpenAI, CoinTracker, and SwissBorg have also confirmed they were impacted. The group has a history of significant data breaches, including thefts from Salesforce and Gainsight.

Instagram unveils new TV app, exclusive to Amazon Fire TV in the US, featuring personalized Reels collections, full-screen viewing, and multi-account support.

Texas Sues TV Manufacturers for Alleged Mass Surveillance: Attorney General Ken Paxton filed lawsuits against Sony, Samsung, LG, Hisense, and TCL, accusing them of using ACR technology to secretly record and collect personal data for targeted advertising, potentially infringing on users privacy rights.

Digantara, an Indian space surveillance startup, secures $50M in funding to expand beyond space debris tracking, venturing into missile tracking. This shift aligns with global demand for advanced space-based defense capabilities. The Series B round, led by new investors like Three Sixty One Asset and SBI Investments, brings Digantaras total capital raised to $64.5M. Founded in 2020, Digantara initially focused on satellite damage prevention but has now expanded to missile detection and tracking, aiming to meet a wider range of national security concerns. The company plans to launch several more satellites over the next two years, aiming for a total of fifteen, to enhance its capabilities and meet growing demand for advanced space defense solutions.

Databricks, a data intelligence firm, secures a massive $4 billion investment in a Series L funding round, pushing its valuation to $134 billion. The company, focused on AI products like Lakebase and Agent Bricks, sees a 55% increase in annual revenue run rate, with over $1 billion from AI products. Databricks plans to use the new capital to expand its workforce and AI research.

Adobes Firefly App Unveils New Video Editor & Third-Party Model Support Adobes AI video generation app, Firefly, is rolling out a major update with a new video editor that allows for precise, prompt-based edits. Users can now tweak specific elements like colors, camera angles, or entire video sections using text commands. The app also supports new third-party models for image and video generation, including Black Forest Labs FLUX.two and Topaz Astra, expanding its creative potential. The new editor, first introduced in a private beta, offers users more control and efficiency in the editing process. Adobes own Firefly Video model now allows users to recreate exact camera angles, while Topaz Labs Astra model can upscale videos to higher quality outputs. These updates aim to keep Firefly competitive in the rapidly evolving AI creative space.