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Fri. Feb 3rd, 2023

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Top Tech News

Elon Musk, Tesla found not liable in ‘funding secured’ tweet lawsuit

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 [...]

Daily Crunch: Apple says it earned $20.8B from 935M subscriptions last fiscal quarter

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Daily Crunch: Apple says it earned $20.8B from 935M subscriptions last fiscal quarter by Christine Hall originally published on TechCrunch [...]

YouTube Music contractors strike over alleged unfair labor practices

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 [...]

Venture funding has started flooding back in at least one area: Secondaries

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 raises $80M as it continues development on private space station, Starlab

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 [...]