The article also highlights legal issues involving Elon Musk, who is facing a lawsuit from former Twitter executives seeking $128 million in severance pay following his takeover of the platform. Musk is also suing OpenAI, alleging that the company has deviated from its non-profit mission. Other notable stories include Roku requiring users to agree to new dispute resolution terms, YX International inadvertently leaving a digital door open, and Airbnb introducing a new badge system for underperforming hosts.
Key takeaways:
- Norwegian hardware startup was deemed uninvestable due to a wonky cap table, but investors provided advice on how to rectify the situation.
- A Turkish startup that raised a $4 million round is benefiting from the country's high import taxes.
- Several acquisitions occurred in the photography space, including Nikon's purchase of RED and Lensrentals' acquisition of BorrowLenses.
- Elon Musk is facing legal issues again, this time due to a lawsuit from Twitter's ex-executives seeking their $128 million severance package, and Musk himself suing OpenAI for shifting to a for-profit model.