Montana just banned TikTok | TechCrunch

Montana Governor Greg Gianforte just signed the nation’s strongest restrictions on Chinese-owned social media app TikTok into law. TikTok has faced mounting pressure in the U.S. from Congress and state legislatures alike in recent months, but Montana’s actions escalate those threats considerably, even if the issue of enforcement remains an open question. To protect Montanans’…

Varda Space raising new tranche of funding at $500M post-money valuation

Varda Space Industries, the in-space manufacturing startup that wants to revolutionize the production of pharmaceuticals, semiconductors, and more, is in the process of raising $25 million in new capital that would put its valuation at around $500 million after investment, according to documents viewed by TechCrunch. The fundraising comes at a crucial time for Varda, which is preparing to send…