Good evening!

It was only a matter of time before Meta launched this highly-anticipated feature…

Here are the 7 things you missed today:

1. 🎯 Target is Rolling Back DEI Initiatives

Another one bites the dust. Target is the latest major corporation to roll back its diversity, equity, and inclusion programs. The retailer will end its three-year DEI goals, stop reports to external diversity-focused groups like the Human Rights Campaign’s Corporate Equality Index, and end a program focused on carrying more products from Black or minority-owned businesses. (CNBC)

2. 🤔 What’s One Thing You’d Change on Your Website Today?

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3. 🧪 Meta is Starting Threads Ad Testing

Meta’s short-form text-based platform Threads is finally getting ads over a year and a half after the app’s launch. Meta said they would start testing ads on the platform with a few companies in the US and Japan. The ads will resemble sponsored content similar to that of Facebook and Instagram. (CNBC)

5. 💰 ElevenLabs Closed a $250M Series C

ElevenLabs, a New York-based startup developing synthetic voice technology like vocal cloning and dubbing tools, just raised $250 million in its Series C at a valuation between $3-3.3 billion. The round, led by ICONIQ Growth, comes just a year after the startup’s $80 million Series B, led by Andreessen Horowitz. (TechCrunch)

6. 🚫 Spirit Airlines is Banning Certain Clothes & Tattoos

Spirit Airlines is going to start enforcing a stricter dress code for passengers. The update prohibits attire and body art considered “obscene, offensive, or excessively revealing” including see-through clothing and the display of “exposed private areas.” Passengers who violate the guidelines may be denies boarding or removed from a flight. (Quartz)

7. 💳 Millennials & Gen Z Caused Amex’s Year-End Bump

Finally, something the millennials haven’t killed. Spending on American Express cards jumped 8% YoY in Q4, slowing from a 7% growth rate earlier in the year. While the end-of-year pickup was seen across all customer segments, Amex says it was especially fueled by millennials and Gen Z users, with transaction volumes jumping 16% from 12% in Q3. (CNBC)

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