Startups

Elon Musk buying Twitter after all, the ‘next Mark Zuckerberg’ and fare thee well, Stadia

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Elon Musk buys Twitter
Image Credits: Saul Martinez / Getty Images

Hi all! Welcome back to Week in Review, the newsletter where we quickly sum up some of the most read TechCrunch stories from the past seven days. The goal? Even when you’re swamped, a quick skim of WiR on Saturday morning should give you a pretty good understanding of what happened in tech this week.

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most read

Stadia’s death: Devin opined on the recent Stadia shutdown, saying the shocking demise of the gaming service was the fault of one entity alone: Google. He writes: “No one trusts Google. It has exhibited such poor understanding of what people want, need and will pay for that at this point, people are wary of investing in even its more popular products.”

This Week in Elon Musk: First he stepped in it when he waded into the Russia-Ukraine war with his version of a peace plan that Connie characterized as not very well-received. And then he finally said he’d buy Twitter after all. Twitter told us that the “Musk parties” sent them a letter expressing the billionaire’s intention to go through with the purchase, provided the trial between the two, which was scheduled to start October 17, did not take place. As Taylor and Harri said in their story, however, “given Musk’s chaotic nature, it’s possible that another wrench could be thrown into the works.”

Fizz to the “next Mark Zuckerberg”: An app created by former Stanford students to limit social isolation across college campuses received a $4.5 million round this week. The founder, a Stanford dropout, “set out to build an app by college students, for college students, seeking to help his fellow classmates feel less lonely and form meaningful connections on campus.”

Google on your Lock Screen: iOS 16 users aren’t limited only to Apple widgets on their new Lock Screens. Google made good on its promise to make its apps available as widgets for quick access. Gmail, Google News, Drive and Chrome are now available, with Search and Apps coming.

Search in fashion: South Korean search company Naver said it plans to purchase apparel marketplace Poshmark for $1.2 billion in cash.

Edu breach: In what appears to be the largest education breach in a while, hackers released a cache of data stolen during a cyberattack against the Los Angeles Unified School District.

audio roundup

Didn’t have time to tune in to all of TechCrunch’s podcasts this week? Here’s what you might’ve missed:

  • For Found this week, we rereleased an episode on delivering remote abortion care with Kiki Freedman from Hey Jane. She also tells us about how her experience at Uber informed her founder mentality and how the startup hopes to change the healthcare industry.
  • Chain Reaction connected with Edward Saatchi, an expert in the web3 space and the founder of The Culture DAO and Fable who discussed how emerging technologies can enable new forms of storytelling and how sectors like crypto and AI are changing what the metaverse might look like.
  • Amanda joined Alex this week on the Wednesday episode of Equity to chat about the creator economy.
  • On The TC Podcast, Haje Jan Kamps, stepping in for Darrell Etherington, talks with Dominic-Madori Davis about how conservative VCs are shaping the startup landscape and, by extension, the world. He also talked with Taylor Hatmaker about all things Elon.
  • And check out the TechCrunch Live podcast, which is the audio version of our weekly TechCrunch Live show. This week, hear how Mammoth Biosciences Trevor Martin attracted the best partners to form the company, including Mayfield partner Ursheet Parikh, who wrote an early funding check. Step one? It starts with the vision and mission.

techcrunch+

What hides behind the TechCrunch+ paywall? Lots of really great stuff! It’s where we get to step away from the unrelenting news cycle and go a bit deeper on the stuff you tell us you like most. The most-read TC+ stuff this week?

Five key IP considerations for AI startups: Early-stage startups are creating new AI-based solutions but might not know whether the tech can be protected and the best way to do it. IP partner at law firm Foley & Lardner LLP, and senior counsel and IP lawyer at law firm Foley & Lardner LLP, provide guidance for young companies. 

Vori’s pitch deck: Haje brings you another pitch deck teardown, this time from Vori, which raised to a $10 million Series A. Want your pitch deck featured on TC+? Here’s more information. Also, check out all our Pitch Deck Teardowns and other pitching advice, all collected in one handy place for you!

More TechCrunch

Maad, a B2B e-commerce startup based in Senegal, has secured $3.2 million debt-equity funding to bolster its growth in the western Africa country and to explore fresh opportunities in the…

Maad raises $3.2M seed amid B2B e-commerce sector turbulence in Africa

The fresh funds were raised from two investors who transferred the capital into a special purpose vehicle, a legal entity associated with the OpenAI Startup Fund.

OpenAI Startup Fund raises additional $5M

Accel has invested in more than 200 startups in the region to date, making it one of the more prolific VCs in this market.

Accel has a fresh $650M to back European early-stage startups

Kyle Vogt, the former founder and CEO of self-driving car company Cruise, has a new VC-backed robotics startup focused on household chores. Vogt announced Monday that the new startup, called…

Cruise founder Kyle Vogt is back with a robot startup

When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and…

From Miles Grimshaw to Eva Ho, venture capitalists continue to play musical chairs

On the heels of OpenAI announcing the latest iteration of its GPT large language model, its biggest rival in generative AI in the U.S. announced an expansion of its own.…

Anthropic is expanding to Europe and raising more money

If you’re looking for a Starliner mission recap, you’ll have to wait a little longer, because the mission has officially been delayed.

TechCrunch Space: You rock(et) my world, moms

Apple devoted a full event to iPad last Tuesday, roughly a month out from WWDC. From the invite artwork to the polarizing ad spot, Apple was clear — the event…

Apple iPad Pro M4 vs. iPad Air M2: Reviewing which is right for most

Terri Burns, a former partner at GV, is venturing into a new chapter of her career by launching her own venture firm called Type Capital. 

GV’s youngest partner has launched her own firm

The decision to go monochrome was probably a smart one, considering the candy-colored alternatives that seem to want to dazzle and comfort you.

ChatGPT’s new face is a black hole

Apple and Google announced on Monday that iPhone and Android users will start seeing alerts when it’s possible that an unknown Bluetooth device is being used to track them. The…

Apple and Google agree on standard to alert people when unknown Bluetooth devices may be tracking them

The company is describing the event as “a chance to demo some ChatGPT and GPT-4 updates.”

OpenAI’s ChatGPT announcement: Watch here

A human safety operator will be behind the wheel during this phase of testing, according to the company.

GM’s Cruise ramps up robotaxi testing in Phoenix

OpenAI announced a new flagship generative AI model on Monday that they call GPT-4o — the “o” stands for “omni,” referring to the model’s ability to handle text, speech, and…

OpenAI debuts GPT-4o ‘omni’ model now powering ChatGPT

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The women in AI making a difference

As a part of a multi-part series, TechCrunch is highlighting women innovators — from academics to policymakers —in the field of AI.

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The expansion of Polar Semiconductor’s facility would enable the company to double its U.S. production capacity of sensor and power chips within two years.

White House proposes up to $120M to help fund Polar Semiconductor’s chip facility expansion

In 2021, Google kicked off work on Project Starline, a corporate-focused teleconferencing platform that uses 3D imaging, cameras and a custom-designed screen to let people converse with someone as if…

Google’s 3D video conferencing platform, Project Starline, is coming in 2025 with help from HP

Over the weekend, Instagram announced that it is expanding its creator marketplace to 10 new countries — this marketplace connects brands with creators to foster collaboration. The new regions include…

Instagram expands its creator marketplace to 10 new countries

You can expect plenty of AI, but probably not a lot of hardware.

Google I/O 2024: What to expect

The keynote kicks off at 10 a.m. PT on Tuesday and will offer glimpses into the latest versions of Android, Wear OS and Android TV.

Google I/O 2024: How to watch

Four-year-old Mexican BNPL startup Aplazo facilitates fractionated payments to offline and online merchants even when the buyer doesn’t have a credit card.

Aplazo is using buy now, pay later as a stepping stone to financial ubiquity in Mexico

We received countless submissions to speak at this year’s Disrupt 2024. After carefully sifting through all the applications, we’ve narrowed it down to 19 session finalists. Now we need your…

Vote for your Disrupt 2024 Audience Choice favs

Co-founder and CEO Bowie Cheung, who previously worked at Uber Eats, said the company now has 200 customers.

Healthy growth helps B2B food e-commerce startup Pepper nab $30 million led by ICONIQ Growth

Booking.com has been designated a gatekeeper under the EU’s DMA, meaning the firm will be regulated under the bloc’s market fairness framework.

Booking.com latest to fall under EU market power rules

Featured Article

‘Got that boomer!’: How cybercriminals steal one-time passcodes for SIM swap attacks and raiding bank accounts

Estate is an invite-only website that has helped hundreds of attackers make thousands of phone calls aimed at stealing account passcodes, according to its leaked database.

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Squarespace is being taken private in an all-cash deal that values the company on an equity basis at $6.6 billion.

Permira is taking Squarespace private in a $6.9 billion deal

AI-powered tools like OpenAI’s Whisper have enabled many apps to make transcription an integral part of their feature set for personal note-taking, and the space has quickly flourished as a…

Buy Me a Coffee’s founder has built an AI-powered voice note app

Airtel, India’s second-largest telco, is partnering with Google Cloud to develop and deliver cloud and GenAI solutions to Indian businesses.

Google partners with Airtel to offer cloud and GenAI products to Indian businesses

To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch has been publishing a series of interviews focused on remarkable women who’ve contributed to…

Women in AI: Rep. Dar’shun Kendrick wants to pass more AI legislation

We took the pulse of emerging fund managers about what it’s been like for them during these post-ZERP, venture-capital-winter years.

A reckoning is coming for emerging venture funds, and that, VCs say, is a good thing