Hey, buddies! Welcome again to Week in Review, the publication the place we recap the highest TechCrunch headlines from the previous seven days. Get it in your inbox each Saturday AM by signing up here.
Prepared? Let’s go.
most learn
Twitter had every week so unusual that it may simply make up this complete publication, so we’ll preserve to the bullet factors:
- Final week Elon laid off an enormous chunk of the corporate. This week, a few of those that had been let go had been reportedly asked to come back.
- Twitter began giving blue verified checkmarks to anybody who’d pay $8. Issues got chaotic fast.
- Twitter rolled out a brand new, second checkmark for “Official” accounts. After which got rid of them. After which…introduced them again?
- By Friday morning, after pretend “verified” accounts popped up for the whole lot from firms to athletes to politicians, Twitter paused the $8 verification badge program.
- A number of execs quit — to the purpose the place the exits perked the ears of the FTC.
- Elon reportedly instructed Twitter workers that “bankruptcy isn’t out of the question” for the corporate.
FTX collapses: As soon as one of many greatest crypto exchanges on this planet, FTX successfully exploded this week. It briefly seemed like competitor Binance would step in to accumulate FTX, just for Binance to take one take 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 dad or mum firm behind Fb, Instagram, and Whatsapp — laid off 13% of its workforce this week. With a worldwide headcount of round 87,000 workers, that works out to over eleven thousand roles reduce.
Gmail will no longer let you go back to old Gmail: Don’t like the brand new look that Gmail began rolling out back in July? Dangerous information. Whereas customers may beforehand revert to the previous design, the Gmail workforce introduced this week that the brand new design would be the “normal expertise” for all inside weeks.
Google finds exploits in Samsung phones: “Google says it has proof {that a} industrial surveillance vendor was exploiting three zero-day safety vulnerabilities present in newer Samsung smartphones,” writes Zack Whittaker. “The chained vulnerabilities enable an attacker to achieve kernel learn and write privileges as the foundation consumer, and finally expose a tool’s information.”
audio roundup
Searching for a brand new podcast to tune into in your commute? Right here’s what’s up in TC podcasts these days:
- The Chain Reaction crew broke down the absurd collapse of FTX because it was occurring.
- Equity (with a visitor look from TC’s Becca Szkutak) lined the seemingly infinite layoffs we’re seeing from tech firms huge 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 can be 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 had been testing most behind the paywall:
How ButcherBox bootstrapped to $600M in revenue: How did ButcherBox develop from a modest Kickstarter to $600 million in income in only a few years? Haje outlines the corporate’s path up to now.
The Exchange: In his more and more common day by day publication, Alex Wilhelm wonders: Has everybody been valuing software program firms the unsuitable method all alongside?
