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Years after Google backed away from a Pentagon government contract after thousands of its employees protested that its tech might be used for lethal drone targeting, Silicon Valley has far fewer qualms about developing tech for the U.S. Department of Defense. So said four investors — Trae Stephens of Founders Fund, Bilal Zuberi of Lux […] When the government is the customer (some things to keep in mind) by Connie Loizos originally published on TechCrunch... →

Four months after closing its largest fund to date, Kapor Capital wants more. The firm is under new leadership after co-founders Freada and Mitch Kapor stepped back from the outfit, which focuses on funding social impact ventures and founders of color. Now, led by Uriridiakoghene “Ulili” Onovakpuri and Brian Dixon, Kapor Capital is hoping to […] Kapor Capital’s new crew is raising an opportunity fund by Natasha Mascarenhas originally published on TechCrunch... →

Rebellyous, a startup that’s striving to build “a better chicken,” has raised at least $20 million in fresh funding, TechCrunch has learned. Based in Seattle, the venture-backed company calls its production tech the “most advanced plant-based meat manufacturing system on the planet.” Rebellyous aims to raise as much as $30.7 million in total, according to […] Plant-based Rebellyous is raising millions to ‘rethink the nugget’ by Harri Weber originally published on TechCrunch... →

Mentions of the “metaverse” were relatively few and far between in Meta’s quarterly earnings call this week — we counted a mere seven mentions compared to 23 for “AI” — but the company’s investment into its vision of a VR-connected social future remains colossal. Starting in 2021, Meta began breaking out its Reality Labs VR […] Meta’s Reality Labs lost $13.7 billion on VR and AR last year by Taylor Hatmaker originally published on TechCrunch... →

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... →

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... →

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 originall... →

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... →

Here is a recap of what happened in the search forums today...... →

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... →

Google worked to reassure investors and analysts on Thursday during its quarterly earnings call that it’s still a leader in developing AI. The company’s Q4 2022 results were highly anticipated as investors and the tech industry awaited Google’s response to the popularity of OpenAI’s ChatGPT, which has the potential to threaten its core business. During […] Google tries to reassure investors on AI progress as ChatGPT breathes down its neck by Aisha Malik 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... →

A South Korean financial regulator said on Friday that the country had approved the Apply Pay launch to allow local credit card firms to introduce the Apple Pay service. The announcement comes nearly two months after South Korea’s Financial Supervisory Service (FSS) confirmed to TechCrunch that it is reviewing the Apple Pay launch clause submitted […] Apply Pay gets the green light to launch its service in South Korea by Kate Park originally published on TechCrunch... →

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Правда, показал он то, что все и так знали, пишет The Verge.... →

Should Twitter’s developers rebuild Vine from scratch, or can they dust off the old code and turn it back on? TechCrunch+ roundup: SaaS pricing strategies, 2022 open source report, can Vine regrow? by Walter Thompson originally published on TechCrunch... →