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 7 days in Assessment, the place each Saturday we recap a handful of the top TechCrunch tales from the past 7 times. Want it in your inbox? Get it right here!

This week marked the in-human being return of TechCrunch Disrupt, with our crew taking the show again into the serious earth immediately after two yrs totally virtual. It was a person helluva display, with appearances from persons like tennis legend (turned investor) Serena Williams, comic (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 sufficient to have AI tanning humanity’s cover (figuratively for now) at just about every board video game in existence,” writes Devin, “Google AI has obtained a single performing to wipe out us all at Ping-Pong as properly.”

Elon expects substantial Twitter layoffs: Musk reportedly needs to reduce up to 75% of Twitter’s workforce — approximately 5,600 jobs — if/when his acquisition of the company goes by means of. That range appears to be quite absurd. Even considerably smaller sized layoffs have compounding outcomes on factors like staff morale and efficiency — just envision the total of understanding/perception that disappears if the the greater part of a firm is enable go.

Kanye West is getting Parler: Properly, that is a headline I under no circumstances, ever, ever would’ve predicted. “Kanye West, the rapper who also goes by the title Ye, has achieved an settlement to acquire ‘uncancelable no cost speech platform’ Parler,” writes Manish, “in a shift [the involved parties say] will aid people today express their conservative viewpoints freely.”

Security AI raises $101 million: The enterprise at the rear of the AI-run image generator Secure Diffusion and new music-building technique Dance Diffusion has lifted $101 million at a described valuation of $1 billion.

Netflix explores cloud gaming: Just as Google presents up on its cloud gaming efforts, Netflix is diving in. At Disrupt this 7 days, Netflix’s VP of Gaming stated the firm is “seriously checking out a cloud gaming featuring,” expressing that Google’s shuttered work was a “technical success” with “issues with the enterprise product.”

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

  • Equity was live and in individual! After years in pandemic mode, the Equity crew (Alex, Natasha, and Mary Ann) kicked off Disrupt by recording a present facial area-to-face for the to start with time.
  • On Found, Darrell and Jordan caught up with Jerrica Kirkley and Matthew Wetschler and discovered the tale of Plume, their telehealth enterprise that focuses on transgender treatment.


What were TC+ members reading through most powering the paywall? Here’s a peek:

2023 VC predictions: After a wild number of many years of ups and downs, what will undertaking cash appear like in 2023? Opposite Funds founder Eric Tarczynski weighs in.

Ron explores Celonis and its $13 billion valuation: Celonis might not be a identify that every person recognizes…but the 11-year-outdated data-processing enterprise has managed to raise billions of pounds in the previous few years by yourself. What are they doing so appropriate? Ron Miller takes us on a deep dive.

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