EV SPAC Faraday Future is restructuring leadership following review of inaccurate statements to investors – TechCrunch

Faraday Future is revamping its board, cutting the pay of two top executives and suspending at least one other, following an internal investigation that determined employees made inaccurate statements to investors and that its “corporate culture failed to sufficiently prioritize compliance,” according to a regulatory filing. Faraday Future, which has had a long string of…

Netlify acquires Quirrel – TechCrunch

Netlify, the well-funded company that, in many ways, started the Jamstack movement, today announced that it has acquired Quirrel, an open-source service for managing and executing serverless functions. Founded by Simon Knott, who is also the maintainer of the popular Blitz.js React framework, Quirrel never raised any outside funding before the acquisition, which quietly happened…