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!

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These messaging features, announced at WWDC 2024, will have a significant impact on how people communicate every day.

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iOS 18 will be available in the fall as a free software update.

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The tests indicate there are loopholes in TikTok’s ability to apply its parental controls and policies effectively in a situation where the teen user originally lied about their age, as…

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Lhoopa has raised $80 million to address the lack of affordable housing in Southeast Asian markets, starting with the Philippines.

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Former President Donald Trump picked Ohio Senator J.D. Vance as his running mate on Monday, as he runs to reclaim the office he lost to President Joe Biden in 2020.…

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Apple Intelligence features are not available in the developer beta, which is out now.

Without Apple Intelligence, iOS 18 beta feels like a TV show that’s waiting for the finale

Apple released the public betas for its next generation of software on the iPhone, Mac, iPad and Apple Watch on Monday. You can now test out iOS 18 and many…

Apple’s public betas for iOS 18 are here to test out

One major dissenter threatens to upend Fisker’s apparent best chance at offloading its unsold EVs, a deal that would keep the startup’s bankruptcy proceeding alive and pave the way for…

Fisker has one major objector to its Ocean SUV fire sale

Payments giant Stripe has delayed going public for so long that its major investor Sequoia Capital is getting creative to offer returns to its limited partners. The venture firm emailed…

Major Stripe investor Sequoia confirms $70B valuation, offers its investors a payday

Alphabet, Google’s parent company, is in advanced talks to acquire Wiz for $23 billion, a person close to the company told TechCrunch. The deal discussions were previously reported by The…

Google’s Kurian approached Wiz, $23B deal could take a week to land, source says

Name That Bird determines individual members of a species by identifying distinguishing characteristics that most humans would be hard-pressed to spot.

Bird Buddy’s new AI feature lets people name and identify individual birds

YouTube Music is introducing two new ways to boost song discovery on its platform. YouTube announced on Monday that it’s experimenting with an AI-generated conversational radio feature, and rolling out…

YouTube Music is testing an AI-generated radio feature and adding a song recognition tool

Tesla had internally planned to build the dedicated robotaxi and the $25,000 car, often referred to as the Model 2, on the same platform.

Elon Musk confirms Tesla ‘robotaxi’ event delayed due to design change

What this means for the space industry is that theory has become reality: The possibility of designing a habitation within a lunar tunnel is a reasonable proposition.

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Get ready for a prime week of savings at TechCrunch Disrupt 2024 with the launch of Disrupt Deal Days! From now to July 19 at 11:59 p.m. PT, we’re going…

Disrupt Deal Days are here: Prime savings for TechCrunch Disrupt 2024!

Deezer is the latest music streaming app to introduce an AI playlist feature. The company announced on Monday that a select number of paid users will be able to create…

Deezer chases Spotify and Amazon Music with its own AI playlist generator

Real-time payments are becoming commonplace for individuals and businesses, but not yet for cross-border transactions. That’s what Caliza is hoping to change, starting with Latin America. Founded in 2021 by…

Caliza lands $8.5 million to bring real-time money transfers to Latin America using USDC

Adaptive is a platform that provides tools designed to simplify payments and accounting for general construction contractors.

Adaptive builds automation tools to speed up construction payments

When VanMoof declared bankruptcy last year, it left around 5,000 customers who had preordered e-bikes in the lurch. Now VanMoof is up and running under new management, and the company’s…

How VanMoof’s new owners plan to win over its old customers

Mitti Labs aims to transform rice farming in India and other South Asian markets by reducing methane emissions by 50% and water consumption by 30%.

Mitti Labs aims to make rice farming less harmful to the climate, starting in India

This is a guide on how to check whether someone compromised your online accounts.

How to tell if your online accounts have been hacked

There is a general consensus today that generative AI is going to transform business in a profound way, and companies and individuals who don’t get on board will be quickly…

The AI financial results paradox

Google’s parent company Alphabet might be on the verge of making its biggest acquisition ever. The Wall Street Journal reports that Alphabet is in advanced talks to acquire Wiz for…

Google reportedly in talks to acquire cloud security company Wiz for $23B

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