#Meta policy chief Nick Clegg steps down

#Meta policy chief Nick Clegg steps down

The president of Meta’s Global Affairs team, Nick Clegg, is stepping down from his position at the company, the executive announced in a tweet on Thursday. Clegg, Meta’s politically centrist policy chief since 2018, will be replaced by one of the company’s most prominent Republican executives, Joel Kaplan. Clegg noted on X that Kaplan is…

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#2K – 9K, here’s what seed-stage founders pay early employees, based on data

#$132K – $149K, here’s what seed-stage founders pay early employees, based on data

Once a startup has raised its seed round, the perennial question becomes how much should the founders pay themselves and their first few employees? Kruze Consulting, a CPA firm that specializes in venture-backed startups, recently analyzed average salary ranges for over 450 seed-stage startups and shared that data with TechCrunch. The following averages are based…

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#Elon Musk’s X hikes Premium+ prices by 37.5%

#Elon Musk’s X hikes Premium+ prices by 37.5%

X is raising prices for its top-tier subscription service by 37.5%, marking the largest price increase since the platform’s acquisition by Elon Musk in 2022. The Premium+ service costs $22 monthly in the U.S., up from $16, effective December 21, according to a company statement. Annual subscription cost has increased to $229 from $168. X…

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#Insight VC describes Databricks’ wild B deal and the bad advice the CEO ignored

#Insight VC describes Databricks’ wild $10B deal and the bad advice the CEO ignored

It’s been a wild week for investors clawing their way into Databricks’ record-breaking $10 billion fund raising, one of the VCs leading the deal told TechCrunch. “There were calls that went well late into the night, and that’s okay, that’s how good opportunities emerge,” George Mathew, managing director at Insight Partners described with a grin. Along…

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#TechCrunch Space: Sayonara | TechCrunch

#TechCrunch Space: Sayonara | TechCrunch

Hello and welcome back to TechCrunch Space. This will be the final TechCrunch Space newsletter you receive in 2024, so to all our readers, have a wonderful holiday and see you next year. There’s a lot to look forward to next year. I expect to see much more progress from SpaceX on Starship, big changes…

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