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Instagram creators were promised a $500 sponsorship but ended up with $40 face scrubbers

The Verge

“The fact that they’re asking for payment, it’s just a way to guarantee that they’re getting money in their pockets rather than supporting the creative side of doing the work for them, really,” says Lauren Clitheroe, a photographer who made a YouTube video about what happened. View this post on Instagram. itsvagabondbeauty).

Malta 109
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France’s strategy for EU startup policies: Talent and money

TechCrunch

Some national investment banks have also announced that they’ll invest money directly in large late-stage funds. Spain is also working on a legislative package that includes startup visas. With its €10 billion budget, the European Innovation Council has quite a bit of money under management. Leveling up tech visas.

Policy 86
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Yieldstreet raises $100M as it mulls going public via SPAC, eyes acquisitions

TechCrunch

Existing backers Edison Partners, Soros Fund Management, Greenspring Associates, Raine Ventures, Greycroft and Expansion Capital also put money in the round, which brings Yieldstreet’s total raised to $278.5 Outside of its New York City headquarters, Yieldstreet also has offices in Brazil, Greece and Malta.

Public 98
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Richard Branson backs Lightyear as UK stock trading platform launches into Europe

TechCrunch

Lightyear is one of several burgeoning stock trading companies to emerge on the scene, promising an easy inroad for the general public to invest their money in some of the world’s biggest companies, from Apple and Alibaba, to Spotify and Tesla. Trading stocks.

Europe 86
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Shared mobility company GoTo Global is going public through a shell company merger

TechCrunch

GoTo Global, an Israeli mobility company that offers shared micromobility and car sharing services in Spain, Israel, Malta and Germany, is going public on the Tel Aviv Stock Exchange through a merger with shell company Nera Tech Media. Adam Neumann is back in the shared economy business with an investment in GoTo Global.

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What does a Purpose-Driven Company Look Like?

Saleforce Nonprofit

Companies can do more than just make money, they can serve others,” says Salesforce co-CEO Marc Benioff. Any area of the company that would be directly impacted had a seat at the table, connecting purpose and strategy to the people working in the stores. “We Brands With Purpose Link Day-to-Day Work to a Shared Purpose.

Companies 105
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Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification

TechCrunch

Even for one of the richest men in the world, $44 billion is a lot of money to cough up to buy a middling social platform. As many as 300 employees once worked in Twitter’s Boulder offices, but between layoffs, other firings, and resignations, it is probably less than half of that now. I don’t care about the economics at all.”

Twitter 86