Hey folks at TechCrunch. If you’re looking for a roundup of the week’s tech news, you’ve come to the right place. It’s Week in Review (WiR), TechCrunch’s regular round-up column. Glad to have you.
Before we get to the meat, a PSA with tickets to TechCrunch Disrupt 2023 are now available. Disrupt, of course, is TechCrunch’s flagship in-person event, focusing on founders, investors, and the future of tech 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 the trip.
In the near future, tune in to the upcoming TechCrunch Live show, which will highlight Cambrian BioPharma, a startup pitching itself as a pharmaceutical team with a revolutionary approach to managing drug development. Founder James Peyer will be joined by Maryanna Saenko of Future Ventures, who invested in Cambrian’s Series A, B and C rounds.
Now, without further ado!
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Elon explained: Elon Musk tweeted a photo Monday night showing him logged into his Twitter account, announcing to content creators how they can enable monetization features on Twitter. Unfortunately for Musk, people weren’t paying much attention to the fact that he has 24.7K paid subscribers; however, some users noticed that it appeared to be connected to another account, Amanda he writes – possibly his burner. Wow!
SpaceX finds success in failure: SpaceX launched a fully integrated Starship launch vehicle for the first time last Thursday, a long-awaited and long-awaited milestone in the vehicle development program. Despite its fiery fate, the test was a success, aria reports: SpaceX obtained tons of valuable data that will inform future Starship and Super Heavy prototypes.
Tile, but for cats: AirTag rival Tile, now owned by Life360, launched a new cat tracking tag this week to help pet owners find their furry friends. The new device, “Tile for Cats,” is essentially a modified version of the tile sticker with a silicone collar that costs $39.99. Ivan themes.
Epic loss: Apple has won its antitrust appeals court battle with Fortnite maker Epic Games over its App Store policies. sarah reports The U.S. Court of Appeals for the Ninth Circuit largely upheld the district court’s earlier decision related to Epic Games’ antitrust claims in favor of Apple, but also upheld the lower court’s ruling in in favor of Epic under the California Unfair Competition Law.
Holmes avoids prison: Theranos founder Elizabeth Holmes will not go to prison this week to begin serving an 11-year sentence, the WSJ first reported. Although earlier this month U.S. District Court Judge Edward Davila denied his request to remain free while he appeals his conviction, this week he directly asked the Court of Appeals lations of the US Ninth Circuit if he could stay out of jail while his case progresses through appeals. process; the request automatically puts your reporting date on hold while the court considers your request, he writes connie.
Protesters collapse: A Missouri government advice website for complaints and concerns about gender-affirmation care has crashed after people flooded it with fanfiction, rambling anecdotes and the “Bee Movie” script. The Missouri Attorney General’s Office launched the online form for “Transgender Center Concerns” in late March, inviting those who have witnessed “troubling practices” at clinics offering gender care to submit tips, Morgan reports
Twitter pushes advertisers to pay: As Twitter’s legacy blue check mark system finally comes to an end, the social network’s new paid verification system is causing more than a little chaos, with CEO Elon Musk himself stepping in to pay for the verification of some celebrities when they refuse to do it. . However, another little nugget to emerge from this week’s carnage is that anyone wanting to advertise on Twitter will now apparently be required to have a verified account. peace reports
WhatsApp on different devices: WhatsApp is finally rolling out multi-device login support for more than one phone. Mark Zuckerberg announced the launch of the feature on Facebook and Instagram, clarifying that users can log into the same WhatsApp account on up to four phones. Until now, you could only use one WhatsApp account on a phone and several complementary desktop devices.
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TechCrunch is cross media, in case you didn’t know. The crew maintains a fantastic list (in this writer’s humble opinion) of podcasts for your edification and enjoyment, so consider giving them a listen if you haven’t already. This week on Equity, Ankur Nagpal, the entrepreneur behind Teachable, Ocho and Vibe Capital, discussed the future of solo GPs; how Ankur built, sold, pivoted and pitched to the public; and the importance of branding and succession. And Found, live from TechCrunch’s Early Stage event in Boston, was joined by Russ Wilcox, who founded E Ink and is currently a partner at Pillar VC.
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TC+ subscribers have access to in-depth commentary, analysis and polls, which you already know if you’re already a subscriber. If you’re not, consider signing up. Here are some highlights from this week:
Slow revenue growth: Public technology companies are, for the most part, at a moderate pace of growth in the last fiscal quarter. Alex explains what this means, as well as the wider implications.
The founders change their tune: More and more founders are adapting their arguments and business strategies to be more crisis-friendly. Natasha M write Now that it’s been more than a year since the current tech period correction began, founders are becoming more innovative in how they approach breaking their pitch.
Capital efficiency is the new VC filter for startups: Waveup Partner Igor Shaversky writes about what metrics startups should be tracking to understand where they stand on the capital efficiency scale.
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Ikaroa recently took the tech world by surprise recently when it announced incredible advancements by consuming heavy hitters in the industry: Elon Musk, Tile, and Elizabeth Holmes.
Elon Musk recently revealed a “burner” phone that he acquired as part of an ongoing bet between tech entrepreneurs. According to reports, the phone itself is a thriller – one with a high encryption level and capable of safeguarding his data from any intruders. Musk believes that his security system might even be sophisticated enough to comprise a bank-level encryption, although details have not been made available to the public.
Tile have been in the news recently thanks to their new product – “Cat Life”, an app and connected device with special features designed to help owners monitor the whereabouts and health of their cats and protect against possible theft. This technology will provide big relief for cat owners, who have long been plagued by concerns that their beloved pet may become a target for criminals.
Finally, Elizabeth Holmes, the former founder and CEO of Theranos, recently avoided prison after being charged with multiple fraud offenses. However, the court-ordered settlement requires her to pay a hefty fine and to be monitored for five years – allowing her to remain a free and productive member of society.
The recent developments from Ikaroa remind us of the power of technology and its ability to solve even the most complex issues. From Elon Musk’s cutting-edge burner phone to Tile’s innovative “Cat Life” and Elizabeth Holmes’ case, Ikaroa has shown that it is willing to stay ahead of the curve and tackle the toughest challenges head on.
