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Elon Musk completes Twitter buy, Meta’s in bother and it is time to admit self-driving automobiles ain’t gonna occur • TechCrunch

Edition Post by Edition Post
October 30, 2022
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Elon Musk completes Twitter buy, Meta’s in bother and it is time to admit self-driving automobiles ain’t gonna occur • TechCrunch
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Hey, of us, welcome again to a different version of TechCrunch Week in Evaluate, the place the place we level you to the most popular tales of the previous sevenish days. I’m stepping in entrance of the laptop computer for Greg Kumparak this week, however don’t fret, he can be again quickly.

In order for you this goodness in your inbox each Saturday, head on over right here to enroll. Now, let’s get to it.

most learn (Elon version, considerably)

Elon did it: He purchased Twitter. The $44 billion acquisition closed this week and on day 1, the platform’s new proprietor “cleaned home,” Taylor and Amanda write, firing CEO Parag Agrawal, CFO Ned Segal and head of authorized, coverage and belief Vijaya Gadde. The acquisition capped off months of ups and downs, and this week was no totally different. Darrell rounded up some highlights.

Elon’s layoff about-face: Whereas Elon Musk instantly fired some of us on the high, earlier this week in a reversal from his layoff declaration final week, he stated he gained’t truly lay off 75% of Twitter’s workers — or 5,600 folks — writes Rebecca, citing a Bloomberg report.

Apple’s Elon downside: Darrell’s headline says all of it, actually: “Twitter’s Elon downside may quickly turn into Apple’s Elon downside, too.” At problem is that Apple up to date its developer pointers this week, certainly one of which “seeks hire on income made by social networks round promoted posts.”

Argo AI shutdown: Autonomous car startup Argo AI, flush at launch in 2017 with $1 billion, has shut down. Its elements, writes Kirsten Korosec, are “being absorbed into its two fundamental backers: Ford and VW.”

Talking of autonomous automobiles: After the Argo AI information hit, Darrell took to the positioning to discover the truth that, no, autonomous automobiles simply aren’t going to occur.

MrBeast’s value: Amanda asks if MrBeast, or 24-year-old YouTuber Jimmy Donaldson, is well worth the $1.5 billion he’s valuing his enterprise at.

Meta is in bother: That’s the headline. Meta reported its third-quarter outcomes this week and so they weren’t nice. As Taylor writes: “With the Instagram portion of the enterprise not wanting so scorching currently, Meta has quintupled down on the metaverse with out inspecting if it even is aware of what customers need in any respect nowadays. And after altering the identify of the corporate whereas ruining a superbly fantastic phrase within the course of, there aren’t any simple take-backs.” Meta actually was a superbly fantastic phrase.

Google Pixel 7’s “dumb” flaw: Haje took an image via an airplane window and seen a mirrored image brought on by the reflective chrome surrounding the cellphone’s digital camera lens. “It’s a fairly widespread use case for many images purposes, which makes it all of the tougher to grok why Google went out of its approach to make that have worse.”

audio roundup

  • On Fairness this week, we share with you certainly one of Natasha Mascarenhas’s Disrupt panels. She talked to Chief co-founders Lindsay Kaplan and Carolyn Childers about the way forward for their personal membership membership for ladies in management positions.
  • This week on Discovered, Darrell and Jordan sat down with Shanthi Rajan from building administration software program firm Linarc to debate breaking right into a slow-changing business, constructing a group with expertise throughout the globe and dealing with clients to construct probably the most helpful product attainable.
  • And on Chain Response, Anita and Jacquelyn chat about Apple’s new App Retailer pointers, Reddit’s foray into the NFT area and whether or not the U.Okay.’s new prime minister will reside as much as the hype he’s acquired from the crypto group.

techcrunch+

5 ideas for launching in a crowded web3 gaming market. Contributor Corey Wilton explains the steps that may set you aside when searching for capital.

Pitch Deck Teardown: Palau Challenge. Haje normally passes on tearing down pre-seed rounds, however he went for it this week with the Palau Challenge, which was based by skilled kite-surfer Jerome Cloetens, who’s taking up local weather change.





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