Monthly Archives: October 2022

Apis in talks to back fintech Money View at $1 billion valuation despite market slump

India’s Money View is in talks to raise a new round of funding at a unicorn valuation, two sources familiar with the matter told TechCrunch, in a boost to the local fintech community that has been rattled by the central bank’s stringent guidelines and funding crunch in recent months. Apis Partners is deliberating leading a…

Elon Musk may have to shell out $44 billion to buy Twitter, but he’s still the richest person in the world. Here’s how the Tesla and SpaceX CEO makes and spends his $228 billion fortune.

Patrick Pleul/picture alliance via Getty Images Elon Musk may have to pay $44 billion to buy Twitter, but he’s still the richest person in the world. A notorious workaholic, Musk doesn’t spend his money on lavish vacations or expensive hobbies. Here’s how Musk makes and spends his $228 billion fortune.  Decades before becoming a father…

A judge will weigh unsealing secret court documents related to Trump’s efforts to block former aides from testifying before the January 6 grand jury

Former President Donald Trump speaks during the America First Agenda Summit in Washington D.C, on July 26, 2022. Drew Angerer/Getty Images Trump has tried to block ex-aides from testifying about efforts to overturn the 2020 election. Politico and The New York Times requested secret court documents related to his efforts be unsealed. A federal judge…

Tesla’s Autopilot is the subject of a federal criminal investigation

Enlarge (credit: Aurich Lawson | Tesla | Airplane!) Tesla’s controversial Autopilot driver assist might have just gotten even more controversial. According to Reuters, the company has been under federal criminal investigation since 2021 for misleading people about Autopilot’s capabilities. It’s the latest in a string of state and federal investigations, coming at a time when…

Daily Crunch: After buying Twitter, will Musk bite back at Apple’s in-app purchase fees?

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Wednesday, and we’re excited to bring you another round of our esteemed Daily Crunch newsletter. There’s a wide variety of morsels, nuggets, and other bite-sized delights, so let’s go! — Christine and…

Y’all really made Mark Zuckerberg defend himself to investors because of your memes

On today’s quarterly earnings call, Meta founder and CEO Mark Zuckerberg was on the defensive when it comes to the company’s investment in the metaverse. Once again, the company lost more than $3 billion dollars to its Reality Labs division this quarter, and Meta’s net income took a big hit. Since rebranding from Facebook to…