Elon Musk threatened with SEC sanctions for failing to appear in court

Elon Musk, the CEO of X and various other companies with the letter “X” in their names, is in regulators’ crosshairs after skipping testimony this month in an investigation related to Musk’s takeover of Twitter. In a filing today, the U.S. Securities and Exchange Commission […]

Black Forest Labs, the company that powers Grok’s image generation, is raising another $100M on a $1B valuation, say sources

Black Forest Labs, an image GenAI startup that only came out of stealth two months ago, has closed a a monster new round, sources say. © 2024 TechCrunch. All rights reserved. For personal use only.

Adam Neumann’s startup Flow opens co-living community in Saudi Arabia

Flow, Adam Neumann’s co-living startup, opened a compound with 238 apartments in Saudi Arabia’s capital, Riyadh, and Forbes has some details. The opening included an Aztec-themed hot chocolate ceremony and tote bags with the words “holy s— I’m alive” on them. The rent for the […]

Musk dodged Brazil’s X ban by ‘coincidence,’ says Cloudflare CEO

X went back online in Brazil earlier this week, three weeks after Elon Musk’s platform was blocked under orders from Brazil’s Supreme Court. That prompted Brazil’s top court to fine X Corp. nearly $1 million for every day the platform remained accessible in the country. […]