An anonymous Substack post published this week accuses compliance startup Delve of 'falsely' convincing 'hundreds of customers they were compliant' with privacy and security regulations, potentially exposing those customers to 'criminal liability under HIPAA and hefty fines under GDPR.' Delve is a Y Combinator-backed startup that last year announced raising a $32 million Series A at a $300 million valuation. (The round was led by Insight Partners.) On Friday, the startup attempted to refute the accusations on its blog, calling the Substack post 'misleading' and saying it 'contains a number of inaccurate claims.' The Substack post is credited to 'DeepDelver,' who described themselves as working at a (now former) Delve client. In response to emailed questions from TechCrunch, DeepDelver said that they and their collaborators 'chose to remain anonymous out of fear for retaliation by Delve.' In their post, DeepDelver recounted receiving an email in December claiming the startup had 'leaked a spreadsheet with confidential client reports.' While Delve CEO Karun Kaushik apparently assured customers in a subsequent email that they were in compliance and that no external party gained access to sensitive data, DeepDelver said they and other customers had become suspicious....

Bloomberg reports that Musk shared his plans on Saturday night at an event in downtown Austin, Texas, with a photo suggesting that what Musk is calling the 'Terafab' facility will be built near Tesla's Austin headquarters and 'gigafactory.' Musk said he's pursuing this project because semiconductor manufacturers aren't making chips quickly enough for his companies' artificial intelligence and robotics needs: 'We either build the Terafab or we don't have the chips, and we need the chips, so we build the Terafab.' Actively scaling' Fundraising' Planning your next launch'TechCrunch Founder Summit 2026 delivers tactical playbooks and direct access to 1,000+ founders and investors who are building, backing, and closing....

Last May, I gave a lecture at the Air War College, the Air Force's senior service school for officers. I have taught at West Point and spoken at several other senior service schools. At the Air War College, I presented my work on the history of U.S. civil-military relations'research that later led to a book that was favorably reviewed by The Wall Street Journal and the military's Joint Force Quarterly. The college was complimentary of my presentation and invited me to reprise my talk this school year. But last week, I was asked not to come after all. The professor who gave me the news was polite and professional, apologetic even. In a statement to The Atlantic, a spokesperson for Air University, the college's parent institution, said, 'Air University adjusted its academic schedule following the recent government shutdown, including the Air War College program, to prioritize core curriculum and program requirements. As a result, the scheduled guest lecture by Dr. Kori Schake was unable to be accommodated within the revised schedule. This was a command decision.'...

The Securities and Exchange Commission has closed its investigation into electric vehicle startup Faraday Future, despite SEC staff on the case recommending an enforcement action last year, TechCrunch has learned. Four sources familiar with the investigation, who were granted anonymity to speak about the government case, told TechCrunch that the SEC informed the company and people involved in the probe about the closure this past week. The dismissal of the case comes amid a historic drop in enforcement actions by the SEC, which only initiated four cases against publicly-traded companies in its 2025 fiscal year, a recent report shows. The SEC did not respond to an after-hours request for comment. The investigation into Faraday Future lasted for nearly four years. The SEC was looking at whether the EV startup made 'false and misleading statements' when it went public in a 2021 merger with a special purpose acquisition company (SPAC), and was also probing whether Faraday Future faked the sales of its first electric vehicles in 2023 ' a claim that's been made by at least three former employee whistleblowers....