Get the latest tech news

Marissa Mayer will close her old AI startup, sell assets to her new AI startup


Former Yahoo CEO Marissa Meyer is closing the doors on her consumer software startup Sunshine, and is selling the company's assets to her new AI startup, Dazzle, Wired reported, citing an email sent to Sunshine's shareholders.

Dazzle is setting out to build an AI personal assistant, the report cited anonymous sources as saying, and added that all of Sunshine’s employees will move to the new company. Originally founded in 2018, Sunshine first launched with a subscription app for contact management, dubbed “Sunshine Contacts.” That product saw little adoption due to privacy concerns about privacy, and pretty much languished. In 2024, the service added event management and photo sharing — with a touch of AI, of course — but with little success.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of assets

assets

Photo of new AI startup

new AI startup

Photo of Marissa Mayer

Marissa Mayer

Related news:

News photo

Marissa Mayer Is Dissolving Her Sunshine Startup Lab

News photo

Mideast Wealth Fund Taps Jadwa to Shift $1 Billion in Assets

News photo

California Start-Up Will Buy Assets of Bankrupt Swedish Battery Maker