Kanye agrees to buy Parler, Elon Musk reportedly plans mass layoffs at Twitter, and Netflix gets into cloud gaming • TechCrunch

Hey, close friends! Welcome back to 7 days in Critique, wherever each individual Saturday we recap a handful of the top TechCrunch stories from the previous seven times. Want it in your inbox? Get it in this article!

This 7 days marked the in-man or woman return of TechCrunch Disrupt, with our team taking the display again into the true earth just after two decades entirely digital. It was a person helluva clearly show, with appearances from persons like tennis legend (turned trader) Serena Williams, comic (also turned trader!) Kevin Hart, Lyft co-founder John Zimmer, and Figma CEO Dylan Industry. Congrats to Minerva Lithium for successful the Startup Battlefield level of competition!

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Google’s Ping-Pong robot: “As if it weren’t more than enough to have AI tanning humanity’s hide (figuratively for now) at each and every board video game in existence,” writes Devin, “Google AI has bought a person functioning to wipe out us all at Ping-Pong as nicely.”

Elon expects substantial Twitter layoffs: Musk reportedly would like to slash up to 75% of Twitter’s workforce — around 5,600 jobs — if/when his acquisition of the business goes by. That amount appears rather absurd. Even significantly smaller layoffs have compounding outcomes on things like workforce morale and productivity — just envision the sum of know-how/insight that disappears if the the greater part of a business is allow go.

Kanye West is acquiring Parler: Very well, that is a headline I by no means, ever, ever would’ve predicted. “Kanye West, the rapper who also goes by the title Ye, has attained an agreement to buy ‘uncancelable no cost speech platform’ Parler,” writes Manish, “in a go [the involved parties say] will assistance men and women convey their conservative thoughts freely.”

Balance AI raises $101 million: The enterprise powering the AI-powered graphic generator Stable Diffusion and songs-creating system Dance Diffusion has raised $101 million at a described valuation of $1 billion.

Netflix explores cloud gaming: Just as Google provides up on its cloud gaming efforts, Netflix is diving in. At Disrupt this week, Netflix’s VP of Gaming reported the firm is “seriously exploring a cloud gaming providing,” expressing that Google’s shuttered work was a “technical success” with “issues with the small business design.”

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Here’s what is up in TC podcast land this week:

  • Equity was stay and in individual! Just after decades in pandemic method, the Fairness crew (Alex, Natasha, and Mary Ann) kicked off Disrupt by recording a exhibit experience-to-facial area for the initial time.
  • On Identified, Darrell and Jordan caught up with Jerrica Kirkley and Matthew Wetschler and uncovered the tale of Plume, their telehealth company that focuses on transgender treatment.


What ended up TC+ users looking at most behind the paywall? Here’s a peek:

2023 VC predictions: Right after a wild number of a long time of ups and downs, what will enterprise money search like in 2023? Opposite Funds founder Eric Tarczynski weighs in.

Ron explores Celonis and its $13 billion valuation: Celonis may not be a identify that all people recognizes…but the 11-yr-previous info-processing corporation has managed to elevate billions of bucks in the very last handful of a long time alone. What are they carrying out so appropriate? Ron Miller requires us on a deep dive.

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