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

Hey, pals! Welcome back again to Week in Evaluation, wherever each Saturday we recap a handful of the best TechCrunch tales from the past seven days. Want it in your inbox? Get it in this article!

This 7 days marked the in-individual return of TechCrunch Disrupt, with our team taking the exhibit again into the genuine globe right after two yrs completely virtual. It was one particular helluva exhibit, with appearances from men and women like tennis legend (turned trader) Serena Williams, comedian (also turned trader!) Kevin Hart, Lyft co-founder John Zimmer, and Figma CEO Dylan Discipline. Congrats to Minerva Lithium for winning the Startup Battlefield competitiveness!

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Google’s Ping-Pong robot: “As if it weren’t more than enough to have AI tanning humanity’s conceal (figuratively for now) at just about every board game in existence,” writes Devin, “Google AI has acquired 1 working to demolish us all at Ping-Pong as perfectly.”

Elon expects huge Twitter layoffs: Musk reportedly wants to reduce up to 75% of Twitter’s workforce — around 5,600 careers — if/when his acquisition of the firm goes by way of. That amount looks really absurd. Even considerably smaller sized layoffs have compounding results on points like crew morale and productiveness — just imagine the total of information/perception that disappears if the majority of a company is enable go.

Kanye West is shopping for Parler: Well, that’s a headline I never, ever, ever would’ve predicted. “Kanye West, the rapper who also goes by the title Ye, has achieved an arrangement to get ‘uncancelable free of charge speech platform’ Parler,” writes Manish, “in a transfer [the involved parties say] will assist people specific their conservative thoughts freely.”

Balance AI raises $101 million: The organization behind the AI-run impression generator Stable Diffusion and new music-creating process Dance Diffusion has raised $101 million at a claimed valuation of $1 billion.

Netflix explores cloud gaming: Just as Google presents up on its cloud gaming attempts, Netflix is diving in. At Disrupt this week, Netflix’s VP of Gaming claimed the firm is “seriously discovering a cloud gaming providing,” saying that Google’s shuttered effort and hard work was a “technical success” with “issues with the organization model.”

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Here’s what is up in TC podcast land this 7 days:

  • Equity was reside and in person! Soon after several years in pandemic manner, the Equity crew (Alex, Natasha, and Mary Ann) kicked off Disrupt by recording a show confront-to-facial area for the first time.
  • On Discovered, Darrell and Jordan caught up with Jerrica Kirkley and Matthew Wetschler and acquired the tale of Plume, their telehealth company that focuses on transgender care.

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What were being TC+ customers reading most guiding the paywall? Here’s a peek:

2023 VC predictions: Following a wild handful of several years of ups and downs, what will venture money search like in 2023? Contrary Funds founder Eric Tarczynski weighs in.

Ron explores Celonis and its $13 billion valuation: Celonis could not be a title that absolutely everyone recognizes…but the 11-yr-outdated facts-processing business has managed to increase billions of dollars in the past number of several years by itself. What are they doing so right? Ron Miller usually takes us on a deep dive.

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