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


Hello friends! Welcome back A week in reviewEvery Saturday, we summarize a collection of the best TechCrunch stories from the past seven days. Do you want it in your inbox? bring it here!

This week saw the return of TechCrunch Disrupt in person, with our team bringing the show back into the real world after two years entirely virtually. It was a great show, with people like the tennis legend (turned-investor) coming on board. Serena Williamscomedian (also turned investor!) Kevin Hartco-founder of Lyft John Zimmerand CEO of Figma Dylan’s field. Congratulations to Minerva Lithium for Winning Startup Battlefield Competition!

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Android Ping Pong Google“As if it wasn’t enough for an AI to tan the hide of humanity (figuratively at the moment) in every board game out there,” Devin wrote, “Google AI has wrecked us all in Ping-Pong as well.”

Elon expects to lay off a large number of workers on Twitter: Musk is said to want to cut up to 75% of Twitter’s workforce – roughly 5,600 jobs – if/when his takeover of the company takes place. This number seems very ridiculous. Even much smaller layoffs have compounding effects on things like team morale and productivity – just imagine how much knowledge/insight goes away if The majority of From a company being abandoned.

Kanye West buys a parler: Well, that’s a headline I never expected. Manish wrote: “Kanye West, a rapper also called Ye, has reached an agreement to purchase the ‘irrevocable free speech platform’, Parler,” in a move [the involved parties say] It will help individuals freely express their conservative views.”

Amnesty International in Stability raises $101 millionThe company behind this AI-powered image generator stable spread music generation system dance spread He raised $101 million at a valuation of $1 billion.

Netflix explores cloud gaming: Just like Google Abandon cloud gaming effortsNetflix dives. At Disrupt this week, Netflix’s vice president of gaming said the company was “seriously exploring cloud gaming offerings,” saying Google’s closed efforts were a “technical success” with “business model issues.”

audio report

Here’s what happened on TC podcast Land this week:

  • the financial value It was lively and personal! After years in a pandemic setting, the Equity crew (Alex, Natasha and Mary Ann) started Disrupt by taping a face-to-face show. for the first time.
  • on me is foundDaryl and Jordan met Jerica Kirkley and Matthew Wechler and learned about the story of Bloom Telehealth, which focuses on transgender care.

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2023 VC . forecast: After a few years of ups and downs, what will venture capital look like in 2023? Capital founder Eric Tarcinsky weighs the opposite.

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