Hey, TechCrunch people. If you’re looking for a rundown of the week’s tech news, you’ve come to the right place. It’s a Week in Review (WiR), TechCrunch’s regular summary column. happy with you.
Before we get down to business, our ticketed PSAs for TechCrunch Disrupt 2023 are now available. Disrupt is, of course, TechCrunch’s premier in-person event, focusing on founders, investors, and the future of technology year after year. In San Francisco from September 19-21, expect to hear from thought leaders in the fields of AI, fintech, hardware, sustainability, SaaS, security and more. It will be worth a visit.
In the near term, stay tuned for the next TechCrunch Live show, which will highlight Cambrian BioPharma, a startup that is considered a pharmaceutical company with a revolutionary approach to managing drug development. Joining Marianna Sayenko will be founder James Beer of Future Ventures, who has invested in Cambrian’s Series A, B and C rounds.
Now, without further ado!
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Elon revealed: Elon Musk tweeted a photo Monday night that showed him logged into his Twitter account, announcing to creators how they could activate Twitter’s monetization features. Unfortunately for Musk, people weren’t paying much attention to the fact that he had 24.7k paid subscribers – instead, some users realized that he seemed to be logged into another account, Amanda He writes – maybe his burner. Oops.
SpaceX finds success in failure: SpaceX launched a fully integrated Starship launch vehicle for the first time last Thursday, a long-awaited and highly anticipated milestone in the vehicle’s development programme. Despite his fiery fate, the test was a success, the song Reports: SpaceX has obtained tons of valuable data that will inform future Starship and Super Heavy prototypes.
Tiles, but for cats: Tile, an AirTag competitor now owned by Life360, has launched a new cat-tracking tag to help pet owners find their furry friends. The new device, “Tile for Cats,” is basically a modified version of the Tile Sticker with a silicone collar that costs $39.99. Ivan he has more.
epic loss Apple has won an antitrust-focused appeals court battle with Fortnite maker Epic Games over its App Store policies, pleasant reports. The US Ninth Circuit Court of Appeals largely upheld the earlier district court ruling of Epic Games’ antitrust lawsuit in favor of Apple, but also upheld the lower court’s ruling in favor of Epic under California’s Unfair Competition Act.
Holmes avoids prison: Theranos founder Elizabeth Holmes will not be heading to prison this week to begin serving an 11-year sentence, as first reported by the Wall Street Journal. Although US District Court Judge Edward Davila earlier this month denied her request to remain at large while she appeals her conviction, this week she asked the US Ninth Circuit Court of Appeals directly whether she could stay out of jail while her case made its way through appeals. practical; The request automatically puts her report date on hold while the court considers her request, he writes Cosmic.
Protesters back off: The Missouri Government’s advice website for complaints and concerns about gender affirmation sponsorship has been shut down after people inundated it with fanfiction, muddled anecdotes, and “Bee Movie” script. The Missouri Attorney General’s office launched an online form for “Transgender Center Concerns” in late March, calling on those who have witnessed “disturbing practices” at clinics offering gender affirmation care to submit tips, Morgan reports.
Twitter pays advertisers to pay: With Twitter’s old blue check mark system finally dead, the social network’s new paid verification system is causing more than a little mayhem, with CEO Elon Musk stepping in himself to pay for certain celebrities to be verified when they refuse to do so. . However, another small issue that has emerged from this week’s carnage is that anyone looking to advertise on Twitter will now apparently have to have a verified account, pee reports.
WhatsApp across devices: WhatsApp is finally rolling out multi-device login support for more than one phone. Mark Zuckerberg announced the feature’s launch on Facebook and Instagram, explaining that users can be logged into the same WhatsApp account on up to four phones. Until now, you could only use one WhatsApp account on one phone and several accompanying desktop devices.
My voice
TechCrunch is a cross-browser broker, in case you weren’t aware. The crew keeps an impressive (in this writer’s humble opinion) list of podcasts for your enlightenment and enjoyment – so consider listening to them if you haven’t already. This week on Equity, Ankur Nagpal, the entrepreneur behind Teachable, Ocho and Vibe Capital, talks about the future of single GPs; how Anchor was built, sold, pivoted, and launched to the public; Brand importance and succession. Ross Wilcox, who founded E Ink and is currently a partner at Pillar VC, joined.
Techcrunch +
TC+ subscribers get access to in-depth comments, analysis, and polls – which you know if you’re already a subscriber. If you aren’t, consider subscribing. Here are some highlights from this week:
Slow revenue growth: General technology companies mostly experienced a moderate pace of lagging growth in the latest fiscal quarter. Alex explains what that means – as well as the broader implications.
Founders change their view: More and more founders are adapting their business offerings and strategies to be more tailor-made, Natasha M He writes. Now that it’s been more than a year since we started correcting the current tech period, the founders are getting more innovative in how they approach pitch-breaking.
Capital efficiency is the new venture capital filter for startups: Igor Shafersky, partner at Waveup, writes about the metrics that startups should follow to understand their position on the capital efficiency scale.