[ad_1]
Hey, buddies! Welcome again to Week in Overview, the e-newsletter the place we recap the highest TechCrunch headlines from the previous seven days. Get it in your inbox each Saturday AM by signing up right here.
Prepared? Let’s go.
most learn
Twitter had per week so unusual that it may simply make up this whole e-newsletter, so we’ll hold to the bullet factors:
- Final week Elon laid off an enormous chunk of the corporate. This week, a few of those that have been let go have been reportedly requested to come back again.
- Twitter began giving blue verified checkmarks to anybody who’d pay $8. Issues received chaotic quick.
- Twitter rolled out a brand new, second checkmark for “Official” accounts. After which removed them. After which…introduced them again?
- By Friday morning, after pretend “verified” accounts popped up for the whole lot from corporations to athletes to politicians, Twitter paused the $8 verification badge program.
- Quite a few execs stop — to the purpose the place the exits perked the ears of the FTC.
- Elon reportedly informed Twitter staff that “bankruptcy isn’t out of the question” for the corporate.
FTX collapses: As soon as one of many largest crypto exchanges on the planet, FTX successfully exploded this week. It briefly appeared like competitor Binance would step in to accumulate FTX, just for Binance to take one have a look at FTX’s books and again out virtually instantly. FTX founder Sam Bankman-Fried has since resigned, and the corporate has filed for chapter.
Meta layoffs: Meta — the father or mother firm behind Fb, Instagram, and Whatsapp — laid off 13% of its workforce this week. With a worldwide headcount of round 87,000 staff, that works out to over eleven thousand roles lower.
Gmail will not allow you to return to previous Gmail: Don’t like the brand new look that Gmail began rolling out again in July? Unhealthy information. Whereas customers may beforehand revert to the previous design, the Gmail workforce introduced this week that the brand new design would be the “commonplace expertise” for all inside weeks.
Google finds exploits in Samsung telephones: “Google says it has proof {that a} business surveillance vendor was exploiting three zero-day safety vulnerabilities present in newer Samsung smartphones,” writes Zack Whittaker. “The chained vulnerabilities permit an attacker to realize kernel learn and write privileges as the basis consumer, and in the end expose a tool’s knowledge.”
audio roundup
On the lookout for a brand new podcast to tune into in your commute? Right here’s what’s up in TC podcasts these days:
- The Chain Response crew broke down the absurd collapse of FTX because it was taking place.
- Fairness (with a visitor look from TC’s Becca Szkutak) lined the seemingly countless layoffs we’re seeing from tech corporations massive and small, and what FTX’s meltdown means for it and corporations prefer it.
- Darrell was joined on The TechCrunch Podcast by TC senior reporter Dom-Madori Davis to speak about “the coalition of VCs which are standing for reproductive rights” and to recap the most important tech tales of the week.
TechCrunch+
Not a TechCrunch+ member but? Right here’s what members have been testing most behind the paywall:
How ButcherBox bootstrapped to $600M in income: How did ButcherBox develop from a modest Kickstarter to $600 million in income in just some years? Haje outlines the corporate’s path up to now.
The Change: In his more and more fashionable day by day e-newsletter, Alex Wilhelm wonders: Has everybody been valuing software program corporations the unsuitable means all alongside?
[ad_2]
Source link