February 2023

Elon Musk was found not liable in a class-action securities fraud trial that centered on the Tesla CEO’s now infamous “funding secured” tweet. After less than two hours of deliberation, a jury announced the verdict in the trial that kicked off three weeks ago in San Francisco. Tesla shareholders who traded the company’s stock in […]

Elon Musk, Tesla found not liable in ‘funding secured’ tweet lawsuit by Kirsten Korosec originally published on TechCrunch

A group of 40 YouTube Music workers went on strike Friday. Employed by Alphabet subcontractor Cognizant, the striking workers allege that both companies’ management have leveraged unfair labor practices to get in the way of their union drive. “Right now, the vast majority of our department is ready to vote yes in a [National Labor […]

YouTube Music contractors strike over alleged unfair labor practices by Amanda Silberling originally published on TechCrunch

The venture secondaries market has been on the same roller-coaster ride as the broader VC market over the past few years, but it looks poised to break away in 2023. Like venture capital as a whole, the secondaries market was hot in 2021 as a bunch of new players — sound familiar? — entered the […]

Venture funding has started flooding back in at least one area: Secondaries by Rebecca Szkutak originally published on TechCrunch

Voyager Space, a company developing a private space station, has raised $80.2 million in new capital. The new funding comes as Voyager continues its development of the station, Starlab, which is no doubt an enormously capital-intensive undertaking. The funding includes participation from NewSpace Capital, Midway Venture Partners and Industrious Ventures, according to U.S. Securities and […]

Voyager Space raises $80M as it continues development on private space station, Starlab by Aria Alamalhodaei originally published on TechCrunch

As more Twitter features break and glitch, users are becoming increasingly concerned about the platform’s stability. We’re about three months into Elon Musk’s ownership of Twitter, and a number of problems plague the platform, likely because so many staff have left or been laid off. Some people, including Musk and Libs of TikTok, have temporarily […]

Twitter Circle glitches have users worried about privacy by Amanda Silberling originally published on TechCrunch

Twitter’s new owner is making moves to build in more revenue streams for creators — or at least he’s tweeting about it. Elon Musk announced Friday that the company would soon begin sharing advertising revenue with creators on the platform for the first time. The catch? Eligible users must be signed up for Twitter Blue, […]

Elon Musk says that Twitter will start sharing ad revenue with creators ‘today’ by Taylor Hatmaker originally published on TechCrunch

What do the investors want from Salesforce, which is hardly in full distress? Sure, the stock is down, but it raked in $8 billion last quarter. That could be why they’re so interested.

Can 4 activist investors play nice in the Salesforce sandbox? by Ron Miller originally published on TechCrunch