Meta’s Reality Labs lost $13.7 billion on VR and AR last year

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”... Read more »

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. The central question in the lawsuit... Read more »

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

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Friday, cha cha cha! Fri-day! Cha... Read more »

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... Read more »

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... Read more »

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,... Read more »

Twitter Circle glitches have users worried about privacy

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... Read more »

Elon Musk says that Twitter will start sharing ad revenue with creators ‘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... Read more »

Google tries to reassure investors on AI progress as ChatGPT breathes down its neck

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... Read more »

Can 4 activist investors play nice in the Salesforce sandbox?

Salesforce finds itself in a rather unusual situation, with four activist investors operating inside the company at the same time: Elliott Management, Starboard Value, ValueAct and Inclusive Capital. Experts... Read more »
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