December 9, 2022

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Technology can't be beat

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

Hey, buddies! Welcome back to 7 days in Evaluation, wherever every single Saturday we recap a handful of the leading TechCrunch tales from the previous 7 days. Want it in your inbox? Get it listed here!

This 7 days marked the in-person return of TechCrunch Disrupt, with our group taking the show back into the authentic globe soon after two several years completely virtual. It was a single helluva show, with appearances from folks like tennis legend (turned trader) Serena Williams, comic (also turned investor!) Kevin Hart, Lyft co-founder John Zimmer, and Figma CEO Dylan Subject. Congrats to Minerva Lithium for winning the Startup Battlefield competitors!

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Google’s Ping-Pong robot: “As if it weren’t plenty of to have AI tanning humanity’s cover (figuratively for now) at every board video game in existence,” writes Devin, “Google AI has acquired one functioning to damage us all at Ping-Pong as effectively.”

Elon expects huge Twitter layoffs: Musk reportedly desires to cut up to 75% of Twitter’s workforce — around 5,600 employment — if/when his acquisition of the corporation goes by way of. That quantity looks quite absurd. Even a great deal smaller sized layoffs have compounding outcomes on points like group morale and efficiency — just consider the amount of knowledge/insight that disappears if the bulk of a corporation is permit go.

Kanye West is buying Parler: Perfectly, which is a headline I in no way, at any time, ever would’ve predicted. “Kanye West, the rapper who also goes by the title Ye, has attained an agreement to purchase ‘uncancelable totally free speech platform’ Parler,” writes Manish, “in a go [the involved parties say] will aid people today specific their conservative views freely.”

Security AI raises $101 million: The firm powering the AI-driven graphic generator Secure Diffusion and new music-making technique Dance Diffusion has lifted $101 million at a claimed valuation of $1 billion.

Netflix explores cloud gaming: Just as Google provides up on its cloud gaming efforts, Netflix is diving in. At Disrupt this week, Netflix’s VP of Gaming stated the business is “seriously exploring a cloud gaming featuring,” stating that Google’s shuttered hard work was a “technical success” with “issues with the enterprise model.”

audio roundup

Here’s what’s up in TC podcast land this week:

  • Equity was dwell and in particular person! Following several years in pandemic manner, the Equity crew (Alex, Natasha, and Mary Ann) kicked off Disrupt by recording a exhibit confront-to-confront for the to start with 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.

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What ended up TC+ users looking through most driving the paywall? Here’s a peek:

2023 VC predictions: Soon after a wild handful of several years of ups and downs, what will enterprise cash look like in 2023? Opposite Money founder Eric Tarczynski weighs in.

Ron explores Celonis and its $13 billion valuation: Celonis may not be a title that everyone recognizes…but the 11-year-outdated details-processing company has managed to raise billions of pounds in the final few many years by yourself. What are they performing so appropriate? Ron Miller requires us on a deep dive.