Apple’s former securities lawyer pleads guilty for doing the insider trading he was supposed to prevent

Illustration by Alex Castro / The Verge A former Apple lawyer who was in charge of preventing insider trading has pleaded guilty to six counts of securities fraud for insider trading, according to a Department of Justice (DOJ) press release. Gene Levoff, once the company’s former corporate secretary and director of corporate law, “misappropriated material, … Read more

The FCC authorizes SpaceX’s Starlink system to be used on vehicles in motion

Photo by Thomas Ricker / The Verge Today, the Federal Communications Commission (FCC) granted SpaceX authorization to use its Starlink satellite internet system on vehicles in motion — including cars, trucks, boats, and aircraft. It’s a big win for SpaceX’s Starlink system, potentially opening up the service to a more diverse range of use cases … Read more

Daily Crunch: OpenSea, an NFT marketplace, revealed email data breach that may have affected 1.8M users

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. Greetings, everyone, on this fine day. If you haven’t had the chance yet, please give a shout to our newest reporter, Andrew Mendez, who wrote today about Twelve capturing carbon and turning … Read more

GM’s reportedly only making about 12 Hummer EVs a day

It started delivering the vehicles in December. | Image: General Motors Months after General Motors started delivering its first Hummer EVs, the company is reportedly only producing around 12 of the massive electric trucks a day, according to The Wall Street Journal. That’s an abysmally slow pace, even compared to how many electric trucks other … Read more

Crypto wants its own iPhone

Image Credits: TechCrunch Apple’s relative hostility to the desires of crypto developers hasn’t gone unnoticed and as the industry buckles down for a bear market, some of its proponents are pushing forward plans to rebuild the iPhone with their own industry’s best interests in heart. Hello and welcome back to the Chain Reaction podcast, where we unpack … Read more

Instagram tests ditching video posts in favor of Reels

Instagram is testing a change that turns video posts into Reels, the company confirmed to TechCrunch. The company says the change, which is currently being tested with select users around the world, is part of Instagram’s plan to simplify video on the app. “We’re testing this feature as part of our efforts to simplify and … Read more

3 questions for the startup market as we enter Q3

Somehow June is over in just a few hours, meaning that we are trotting toward the third quarter’s starting line. Leaving aside the uncomfortably rapid pace at which time is flying past us, entering a new financial reporting period is an excellent moment to pause, reflect and work out the key questions for the upcoming … Read more