Hey everyone – welcome back week in review, our newsletter summarizing the most-read TechCrunch stories of the past week. Oh, that was a week.
Want to get this newsletter in your inbox every Saturday? register here. register? Let’s dive right in.
read the most
Twitter mass layoffs: This is Elon’s first full week as Twitter boss after completing a $44 billion acquisition. Mass layoffs are said to be in the works – and, well, they have already begun. After a harrowing impersonal reminder email was sent Thursday night, the whole team Woke up to find their access was suddenly revoked. With reports that layoffs could affect up to half of the company, Twitter employees have reportedly dubbed the whole thing a “snapshot” (à la Thanos). A class action A lawsuit has been filed alleging Twitter failed to follow due legal process.
layoffs everywhere: Meanwhile, news of layoffs in the tech industry keeps coming. Lyft is letting go 13% of employees, Striped cut 14%, Opendoor lays off 18% of staff, Bells part ways with 12%, and more.Meanwhile, Apple and Amazon reportedly Enter hiring freeze.
Google killed Hangouts: We knew it was coming, but this week Google put the final nail in Hangouts’ coffin, shutting down the chat-centric web app (the Hangouts Android/iOS app closed last year) in favor of Google Chat. Of course, given Google’s history with chat apps, I expect at least two more apps to be rolled out and/or shut down by the time I finish this newsletter.
Falcon Heavy returns to space: This week SpaceX launched its Falcon Heavy rocket for the first time since 2019, finally advancing a mission that has been delayed (“due to payload readiness issues”) since the end of 2020.
Amazon expands its music service: “The company says it will now offer Prime subscribers a full music catalog of 100 million songs, rather than the limited selection of 2 million songs previously available,” Sarah wrote, “and will offer a large selection of its services. Most of the top podcasts have no ads.”
What’s going on in the TC podcast space this week? Here are some highlights:
- This Equity Team To chat about the changing role of the venture capitalist, our friend Melia Russell from Business Insider stopped by to tell us about her recent story on “how investors are rewriting the playbook when it comes to their company’s maternity leave policy.”
- Amanda joins Darrell TC Podcast Discuss Elon’s ‘suspicious plan’ to change how authentication works on Twitter
- This chain reaction The team delves into the increasing trouble Bitcoin miners have been experiencing over the past few months.
Not part of TechCrunch+ yet? Here’s what TC+ members read the most behind a paywall:
Pilot’s CEO dismantles their $60M Series C funding deck: Published in early 2021, this week exploded for some unknown reason! Just a few weeks after the Series C funding round, Pilot CEO Waseem Daher sat down with Lucas Matney to discuss how their merchandising platform works.
Most Common Pitch Deck Mistakes: Speaking of course decks, TC’s resident course expert Haje Jan Kamps lists the mistakes he’s tired of seeing on decks and looks back thousands in.