Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Hello and welcome back to Max Q. The era of commercial space stations is here. Read on for news from Nanoracks, Voyager and Lockheed Martin on their plans to launch a space station in 2027, plus news on SpaceX’s Starship. Tips, opinions, criticism, thoughts? Email me at aria.techcrunch@gmail.com o…

Hark, all ye who pay attention to the stock market, for Elon Musk’s wheels-focused company broached the $1 trillion market cap threshold today. Yeah, it finally happened, so the Equity team quickly scrambled for the microphones. Chris put together the show, allowing Alex and Kirsten to dive into t…

Chicago-based Promus Ventures has closed a €120 million ($139 million) space fund, dubbed Orbital Ventures, focused on early-stage space companies. The new fund, which will be based in Luxembourg, grew out of a mix of public and private investment. The European Investment Fund, the financing arm o…

YouTube is rolling out a designated “New to you” tab on its platform after testing the feature earlier this year. The new tab is now available on the YouTube homepage across mobile, desktop and TV devices. YouTube says the feature will help users discover new creators and content beyond the reco…

Seems like the goal of every startup is to exit via IPO, and if you can’t do that, by way of acquisition. In many cases, a sale gives a founder the opportunity to pay back investors and reward long-time employees, but what happens after the ink dries on the contract, and the reality of being

U.S. social networking giant Facebook reported its Q3 financial results today after the bell. It reported $29.0 billion in total revenue and earnings per share of $3.22, calculated on a diluted basis. Investors had expected the company to report revenues of $29.58 billion, per data collected by Yaho…

Digital lenders that share personal data of loan defaulters, with third parties, risk license withdrawal in Kenya after lawmakers added a clause – granting the banking regulator the mandate to revoke permits of operators who breach customer confidentiality – to the new law passed by the country’…

Frances Haugen, one of (now) multiple Facebook whistleblowers who have come forward in recent years with damning testimony related to product safety, gave testimony in front of the UK parliament today — where, in one key moment, she was invited to clarify her views on end-to-end encryption followi…

After dragging the same companies and their reticent, overtrained executives in time and time again, Congress is turning its attention to two of the tech industry’s fresh but important faces: TikTok and Snap. On Tuesday, Lawmakers on the Senate Subcommittee on Consumer Protection, Product Safety, …