You are currently viewing Another week of layoffs, executive departures and AI-generated everything

Another week of layoffs, executive departures and AI-generated everything

Hello all all over again! Greg right here all all over again with Week in Review. WiR is the e-newsletter where we take basically the most read TechCrunch stories from basically the most attention-grabbing seven days and wrap them up in as few phrases as capacity — no fluff, no nonsense,ideal a transient blast of all the pieces you in all likelihood wish to know about in tech this week.

*Perhaps a cramped bit of nonsense.

Desire it for your inbox every Saturday morning? Signal in right here.

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Tip your Amazon driver (on Amazon’s dime): Have to you’ve obtained an Alexa diagram at home, Amazon will pay your supply driver an extra $5 need to you voice, “Alexa, thank my driver” after a supply. Amazon might maybe, after all, ideal pay drivers more to commence up with…but that, depressingly, potentially wouldn’t be a transfer that might maybe fetch Amazon one of basically the most read headlines of the week.

Slack’s CEO to leave: Final week Salesforce CEO Bret Taylor stepped down; this week, Stewart Butterfield, CEO of (Salesforce-owned) Slack, launched he’ll moreover step down arrive January. Ron Miller shares his insights on inbound Slack CEO Lidiane Jones and her a protracted time of product expertise.

The “Twitter Recordsdata”: “Elon Musk reminded his followers on Friday that owning Twitter now draw he controls every factor of the firm — alongside with what its workers acknowledged at the assist of closed doorways outdated to he took over,” writes Taylor as an array of once-non-public interior Twitter communications is made public.

Lensa AI goes viral: Gather all of your social media friends all of sudden like avatars that produce them leer like sci-fi gods and motion heroes? It’s potentially as a consequence of Lensa AI, a listing editing app that went viral this week after alongside with enhance for Real Diffusion’s AI-generated artwork tools. Reputation didn’t arrive without controversy, though — many continue to debate the ethics of promoting something generated by an AI skilled on the works of accurate of us; meanwhile, others considerable that the AI might maybe be “tricked” into producing otherwise disallowed NSFW imagery.

Extra tech layoffs: This week Airtable laid off about 20% of its workers — over 250 of us. Plaid moreover laid off 20%, which for them works out to 260 of us. African fintech unicorn Chipper Money let toddle of 50 of us, and the U.Okay. drag-and-drop e-commerce platform Primer let toddle of 85 (about one-third of the firm).

Google combines Maps/Waze groups: When Google offered the navigation app Waze for over $1 billion assist in 2013, Google acknowledged they’d do the Waze and Google Maps groups separate “for now.” Appears to be like “for now” meant about 9.5 years, but Google confirmed this week that the two groups can be merged. Google says it expects Waze to dwell a stand-alone service.

Twitter Blue might maybe price a cramped more on iOS: Twitter’s $8 “Blue” subscription thought (which comes with a blue “verified” checkmark) is peaceable on end for now after a few unsuitable starts, but when it returns, it’ll reportedly price a pair of dollars more need to you subscribe via the iOS app so that you can offset Apple’s lower.

audio roundup

Found — our podcast about founders and the businesses they assemble — has a recent co-host! Becca Szkutak stepped into the position this week, becoming a member of Darrell Etherington in a chat with Daye CEO Valentina Milanova. In the period in-between, the Fairness crew tried to provide sense of 2022 in a year-terminate leer assist, and Taylor Hatmaker hopped on The TechCrunch Podcast to explore what the surprising explosion of AI-generated artwork draw for right human artists.


Here’s what subscribers were studying most on TechCrunch+:

Investors sound the horror about capacity non-public equity tech deals: “Who wants to promote when prices are low?” Ron Miller and Alex Willhelm quiz.

Rootine’s $10M pitch deck: “Have to you immediate me that a firm that’s charging $70 month-to-month for multivitamins might maybe be in a location to elevate a $10 million spherical, I’d do a query to to sight the receipts,” writes Haje. With that in solutions, he dives deep into the pitch deck that helped produce it happen.

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