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Cameo website screen shot

Cameo, the app that lets fans pay for personalized videos from celebrities, has hired a slew of new C-suite executives from media and tech companies, with plans to continue rapidly growing its employee base.

Why it matters: The company, which last year brought in roughly $100 million in video transactions, benefitted enormously from the pandemic-driven lockdowns. In 2020, it sold 1.3 million Cameo videos and doubled its employee base to 200.

  • Because of the pandemic, the company says that more than half of the company will have never worked in a Cameo office by the end of Q1 2021.

Details: In addition to several other executives from companies like Instagram and Reddit, Cameo is bringing on ...

  • Rob Post, formerly of Quibi, as chief technology officer
  • Deb Schwartz, formerly of Bustle Digital Group, as chief financial officer
  • Brian Frank, formerly of LinkedIn, as chief operating officer
  • Melanie Steinbach, formerly of McDonald's, as chief people officer

Between the lines: The company's growth last year was reflected not just in revenue, but also in the expansion of its community of creators.

  • In 2020, Cameo added 10,000 new athletes, actors, comedians, musicians, artists, activists and personalities, who together produced more than 30,000 hours of Cameo content.
  • By the end of the year, the company says that more than 150 Cameo personalities were earning at least $100,000 per year. 

The big picture: Nearly every major app geared towards content creators saw a significant boost in 2020, as more people were stuck at home and turned to social media creation to make money or find communities.

Go deeper:

Go deeper

Jan 25, 2021 - Economy & Business

Audio messaging platform Yac raises $7.5M Series A

Yac

Yac, an online voice messaging platform, has raised $7.5 million in venture funding led by GGV Capital and the Slack Fund, which funded the app last year.

Why it matters: Yac helps companies integrate audio messaging into their workflow. It launched at the beginning of the pandemic and has benefitted enormously from companies needed improved communication during remote work.

Ben Geman, author of Generate
16 mins ago - Energy & Environment

Japan vows deeper emissions cuts ahead of White House summit

Japanese Prime Minister Yoshihide Suga. Photo: Carl Court/Getty Images

Japan on Thursday said it will seek to cut greenhouse gas emissions by 46% below 2013 levels by 2030, per the AP and other outlets.

Why it matters: The country is the world's fifth-largest largest carbon dioxide emitter and a major consumer of coal, oil and natural gas.

48 mins ago - Technology

The global race to regulate AI

Illustration: Annelise Capossela/Axios

Regulators in Europe and Washington are racing to figure out how to govern business' use of artificial intelligence while companies push to deploy the technology.

Driving the news: On Wednesday, the EU revealed a detailed proposal on how AI should be regulated, banning some uses outright and defining which uses of AI are deemed "high-risk."