Internal SpaceX documents show the sweet stock deals offered to investors like a16z, Gigafund

June 19, 2024

Like many highly valued startups, SpaceX sometimes allows its employees to cash out some of their shares by selling to company-authorized outside investors. TechCrunch has gotten a peek at an internal SpaceX document about such a tender offer from May 2022. Musk posted on X last month that SpaceX holds such sales for employees about […]

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This Week in AI: Generative AI is spamming up academic journals

June 19, 2024

Hiya, folks, and welcome to TechCrunch’s regular AI newsletter. This week in AI, generative AI is beginning to spam up academic publishing — a discouraging new development on the disinformation front. In a post on Retraction Watch, a blog that tracks recent retractions of academic studies, assistant professors of philosophy Tomasz Żuradzk and Leszek Wroński […]

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Rocket Lab’s Peter Beck on reshaping the space economy at Disrupt 2024

June 19, 2024

The future of the space industry may look a lot like its past, or so believes Peter Beck, founder and CEO of Rocket Lab. At TechCrunch Disrupt 2024 in San Francisco, he’ll be explaining how full-service, vertically integrated space companies will (again) be the big winners of this evolving space economy. Rocket Lab was started […]

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Société Générale to sell its freelancer challenger bank Shine to Ageras

June 19, 2024

Four years after acquiring Shine, a French fintech startup that offers bank accounts to freelancers and very small companies, Société Générale has announced plans to sell Shine to Ageras. In 2020, TechCrunch reported that Société Générale spent around €100 million to acquire Shine. It wasn’t a huge acquisition but it attracted quite a bit of […]

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The Download: video-generating AI, and Meta’s voice cloning watermarks

June 19, 2024
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. I tested out a buzzy new text-to-video AI model from China You may not be familiar with Kuaishou, but this Chinese company just hit a major milestone: It’s released the first ever text-to-video…

UK probes HPE’s planned $14B Juniper Networks acquisition

June 19, 2024

The U.K.’s Competition and Markets Authority (CMA) has initiated a formal “phase 1” investigation into Hewlett Packard Enterprise’s (HPE) planned acquisition of Juniper Networks. HPE announced plans to acquire Juniper Networks back in January, a deal designed to unify their respective strengths in the networking and IT infrastructure realm, spanning servers, storage, consulting, routing, switching, […]

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