Elon Musk completes Twitter purchase, Meta’s in trouble and it’s time to admit self-driving cars ain’t gonna happen • TechCrunch


Hey guys, welcome back to another edition of TechCrunch A week in review, where we direct you to the most important stories of the past seven days. I step in front of the laptop for Greg Kumbarak This week, but don’t worry, he’ll be back soon.

If you want that goodness in your inbox every Saturday, go ahead over here to sign up. Now, let’s get to it.

Most Read (Elon version, somewhat)

Elon did it: Twitter bought. The $44 billion acquisition closed this week, and on the first day, new owner Taylor and Amanda wrote the platform “Clean House,” fired CEO Parag Agrawal, CFO Ned Segal, and Chief Legal, Policy and Trust Vijaya Jade. Buying capped months of ups and downs, and this week was no different. Daryl collected some highlights.

Elon removed his face: While Elon Musk immediately fired some people upstairs, earlier .this week In contrast to a layoff announcement last weeksaid he wouldn’t actually lay off 75% of Twitter’s employees — or 5,600 people — wrote Rebecca, citing a Bloomberg report.

Apple Elon problem: Daryl’s headline says it all, really: “The Elon problem with Twitter could soon turn into the Elon problem for Apple too.” The contention is that Apple updated its developer guidelines this week, one of which was to “seek a rent on revenue generated by social networks around promoted posts”.

Argo AI Close: The Argo AI autonomous vehicle, which at launch in 2017 cost $1 billion, has been decommissioned. Kirsten Korosec writes, that its parts are “being absorbed among its two main backers: Ford and VW.”

Talking about self-driving cars: After news of Argo AI surfaced, Daryl took to the site to explore the fact that self-driving vehicles wouldn’t happen.

MrBeast’s value: Amanda asks if MrBeast, or 24-year-old YouTuber Jimmy Donaldson, is worth $1.5 billion appreciating his work.

dead in trouble: this is the address. dead mentioned The third quarter results this week weren’t great. As Taylor wrote: “Since the Instagram section of the company hasn’t been looking too hot lately, Meta has quintupled into the metaverse without even checking if it even knows what users want all these days. And after changing the company’s name while ruining a totally cool word in these Practical, no easy callbacks.” dead It was a really great word.

Google Pixel 7 “stupid” flawAl-Hajj took a picture through an airplane window and noticed a reflection from the reflective chrome surrounding the phone’s camera lens. “It’s a very common use case for most photography apps, which makes it very hard to see why Google is doing its best to make this experience worse.”

audio report

  • on me the financial value This week, we’re sharing one of Natasha Mascarenhas’ Disrupt panels with you. I spoke to co-founders Lindsey Kaplan and Carolyn Childers about the future of their own membership club for women in leadership positions.
  • this week is foundDaryl and Jordan met with Shanthi Rajan of Lenarc Construction Management Software to discuss breaking into a slow-changing industry, building a team of talent around the world and working with clients to build the most useful product possible.
  • and on chain reactionAnita and Jacqueline talked about Apple’s new App Store guidelines, Reddit’s entry into the NFT space and whether the new UK prime minister will live up to the hype he’s received from the crypto community.

Tech Crunch +

5 tips for getting started in a crowded web3 game market. Contributor Cory Wilton explains the steps that will set you apart when looking for capital.

Pitch Deck Teardown: The Palau Project. Pilgrim passes usually shredded pre-foundation tours, but he went for it this week with The Palau Project, founded by professional kite-flyer Jerome Kluitens, which deals with climate change.

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