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Fresh off dramatic majority shareholder exit, Firefly could be headed for a SPAC

TechCrunch

Aerospace private equity firm AE Industrial Partners (AEI) announced last month that it had reached an agreement to acquire a “significant stake” in Firefly after its largest shareholder, Ukrainian Max Polyakov, was forced to sell his shares over national security concerns. ” The move would not be unprecedented for AEI.

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Daily Crunch: Elon Musk sets sights on Twitter with unsolicited $43B takeover bid

TechCrunch

laws around cannabis use differ across EU member nations, leading companies to navigate a complex framework of laws. The dating app is partnering with Live Nation and event producers AEG Presents and Superstruct Entertainment, which means this will cast a wide net. Europe is all set to take on the U.S.

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Biden group launches TikTok account to boost the president’s agenda

The Verge

Biden’s initial Build Back Better proposal stalled out late last year, leaving expansive climate and social safety net provisions in limbo. The new announcement comes just weeks after The Washington Post reported that the White House was briefing TikTok creators about the war in Ukraine.

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China restricts exports of high-performance drones in blow to DJI

TechNode

It comes after Beijing faces accusations from the US that China may supply Russia with military technology for its conflict against Ukraine, Reuters has reported. Context: DJI, with the lions share of the global consumer drone market at over 70%, suspended sales and after-sales services in Russia and Ukraine in April 2022.

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Giving USA 2023 Report Insights & Solutions to Giving Decline 

Qgiv

Read on for our breakdown of the most important findings from the Giving USA 2023 Annual Report and our proposed solutions to the decline in household giving. This growth was likely spurred on by the conflict in Ukraine and devastating natural disasters that impacted Turkey and Syria. when adjusted for inflation) in 2022.

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Head of Russian Space Program Mysteriously Axed

Futurism

Especially following Russia's extremely costly invasion of Ukraine, Russia's space efforts have stagnated, suffering a lack of private investment, brain drain, and slowing commercial markets, in Ars ' analysis. The war in Ukraine has severed many of Russia's ties to its international space partners, forcing it to forge its own way.

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Daily Crunch: In latest earnings release, Twitter admits to miscounting users for the second time

TechCrunch

And it didn’t count right, revealing that it was reporting more users than it really had — by nearly 2 million — something Sarah points out is “a predicament that may have encouraged the company to more seriously consider its acceptance of Elon Musk’s proposal to take the company private in a $44 billion deal.” Startups and VC.

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