Leaked SpaceX documents show company forbids employees to sell stock if it deems they’ve misbehaved
SpaceX requires employees to agree to some unusual terms related to their stock awards, which have a chilling effect on staff, according to sources and internal documents viewed by TechCrunch. That includes a provision that allows SpaceX the right to purchase back vested shares within a six-month period following an
Read MorePornhub says, ‘Bad Texas! No smut for you!’
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Pornhub has been playing a game of chicken with a bunch of state legislatures for a while now. Last year, the
Read MoreLordstown Motors comes out of bankruptcy with a new name to fight Foxconn
Lordstown Motors has emerged from bankruptcy with a new name and a nearly singular focus: continuing its lawsuit against iPhone-maker Foxconn for allegedly “destroying the business of an American startup.” The company announced in a late Thursday regulatory filing that it has put into effect a Chapter 11 restructuring plan
Read MoreHyundai-backed Motional buys time with a bridge loan
Autonomous vehicle technology startup Motional has secured a bridge loan that provides a temporary financial reprieve as the company searches for a longer-term source of funding, TechCrunch has learned. Motional CEO Karl Iagnemma told staff in a companywide email viewed by TechCrunch that the company’s board of directors approved the
Read MoreHow to verify a data breach
Over the years TechCrunch has extensively covered data breaches. In fact, some of our most-read stories have come from reporting on huge data breaches, such as revealing shoddy security practices at startups holding sensitive genetic information through to disproving privacy claims by a popular messaging app. It’s not just our
Read MoreTechCrunch Minute: A TikTok ban is looking more and more like impending reality
Well, that was fast. After a House subcommittee gave its assent to a bill that would force the divestment of TikTok or ban it in the United States, the House itself voted in the affirmative, albeit with a few dozen votes of dissent. Now it’s off to the Senate, where
Read MorePitch Deck Teardown: SuperScale’s $5.4M Series A deck
The company is promising to make marketing for games easier, and we know that great marketing is one of the crucial differences between an OK outcome and a smash-hit success. © 2024 TechCrunch. All rights reserved. For personal use only.
Read MoreTipTop, the new app from Postmates’ founder and CEO, now lets you buy devices with trade-ins and cash
Customers can trade in an old Samsung Galaxy for a discount on an iPad, an Apple HomePod mini for a Nintendo Switch, or an iPhone for a Nothing phone. © 2024 TechCrunch. All rights reserved. For personal use only.
Read MoreHow to avoid all the IPO work without annoying investors
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Equity turns 7 years old this week, so in honor of its birthday, drop us a review? More reviews helps more
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