July 12, 2024


Technology and Age

Kanye agrees to buy Parler, Elon Musk reportedly plans mass layoffs at Twitter, and Netflix gets into cloud gaming • TechCrunch

Kanye agrees to buy Parler, Elon Musk reportedly plans mass layoffs at Twitter, and Netflix gets into cloud gaming • TechCrunch

Hey, pals! Welcome back to Week in Assessment, the place each Saturday we recap a handful of the top TechCrunch tales from the previous seven days. Want it in your inbox? Get it here!

This 7 days marked the in-individual return of TechCrunch Disrupt, with our group getting the clearly show again into the serious world right after two several years completely virtual. It was one helluva clearly show, with appearances from people today like tennis legend (turned trader) Serena Williams, comedian (also turned trader!) Kevin Hart, Lyft co-founder John Zimmer, and Figma CEO Dylan Field. Congrats to Minerva Lithium for successful the Startup Battlefield level of competition!

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Google’s Ping-Pong robotic: “As if it weren’t adequate to have AI tanning humanity’s hide (figuratively for now) at every board recreation in existence,” writes Devin, “Google AI has bought 1 operating to damage us all at Ping-Pong as well.”

Elon expects large Twitter layoffs: Musk reportedly wishes to slash up to 75% of Twitter’s workforce — about 5,600 positions — if/when his acquisition of the company goes by means of. That amount seems quite absurd. Even significantly scaled-down layoffs have compounding outcomes on issues like group morale and productiveness — just envision the amount of money of expertise/perception that disappears if the the greater part of a company is enable go.

Kanye West is buying Parler: Perfectly, which is a headline I under no circumstances, at any time, at any time would’ve predicted. “Kanye West, the rapper who also goes by the title Ye, has arrived at an agreement to invest in ‘uncancelable free of charge speech platform’ Parler,” writes Manish, “in a move [the involved parties say] will assistance people today convey their conservative views freely.”

Steadiness AI raises $101 million: The organization guiding the AI-powered impression generator Secure Diffusion and songs-making process Dance Diffusion has lifted $101 million at a claimed valuation of $1 billion.

Netflix explores cloud gaming: Just as Google gives up on its cloud gaming initiatives, Netflix is diving in. At Disrupt this 7 days, Netflix’s VP of Gaming said the enterprise is “seriously checking out a cloud gaming presenting,” declaring that Google’s shuttered hard work was a “technical success” with “issues with the business design.”

audio roundup

Here’s what’s up in TC podcast land this 7 days:

  • Equity was stay and in person! Soon after a long time in pandemic manner, the Equity crew (Alex, Natasha, and Mary Ann) kicked off Disrupt by recording a show facial area-to-experience for the 1st time.
  • On Identified, Darrell and Jordan caught up with Jerrica Kirkley and Matthew Wetschler and discovered the tale of Plume, their telehealth firm that focuses on transgender care.


What have been TC+ members looking at most guiding the paywall? Here’s a peek:

2023 VC predictions: After a wild few yrs of ups and downs, what will venture money search like in 2023? Contrary Money founder Eric Tarczynski weighs in.

Ron explores Celonis and its $13 billion valuation: Celonis could possibly not be a name that anyone recognizes…but the 11-calendar year-aged info-processing company has managed to elevate billions of pounds in the past number of several years on your own. What are they carrying out so correct? Ron Miller can take us on a deep dive.