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Elon’s big week – TechCrunch

Hi!

I’m Greg Kumparak.

I’ll be hosting Week in Review for the foreseeable future as your former host Lucas Matney dives into cryptoland with the launch of a newsletter and podcast called chain reaction. He doesn’t go too far and I’m sure he’ll stop by from time to time.

If my name sounds familiar to you, it might be because I took over Week in Review a few times while Lucas was AFK/touching grass/not staring at a screen. Or it could be because you’ve been reading TechCrunch for a long time. I’ve been at this place for over a decade; I wore a lot of hats during that time. (Metaphoric hats. I have a big ole head, most actual hats don’t fit right.)

That’s all I’ll say about myself for now, because this isn’t the Greg in Review newsletter. but Say hello on Twitter. Tell me what you like most about Week in Review as it has existed so far. I don’t plan on changing the format much, but I’m always willing to do more of what people like.

the big thing

Lucas always started the newsletter with the “big thing” of the week… and well, the big thing this week was undeniably Elon Musk offering $44 billion to buy Twitter and accepting Twitter. If you’ve checked out our list of this week’s most read posts, you might think that’s it just what happened this week in tech. No joke.

I’m pretty sure pretty much everything that can be said about Elon, Twitter and the combination of Elon and Twitter has been said. Hot takes, not so hot takes… all takes, in all temperatures, have already been done. I believe that the smartest thing to say is nothing when you don’t have anything smart to say.

[ … pause for effect]

Luckily I have many smart friends who said many smart things!

Ron was quickly out of the gate with some thoughts on how Twitter has evolved since joining in 2007 and where it might go from here. Natasha pointed out with a number of Twitter employees suddenly less happy and probably richer, this could be the start of a whole new wave of startups. Devin asked… well, all about it.

If you’re kind of like, “Wait, Elon is buying Twitter?” here’s ours Summary of the entire wild ride.

other things

Believe it or not, other things happened this week! As:

PayPal confirmed the closure of its SF office: Our own Mary Ann Azevedo broke the news that PayPal is splitting from its SF office, with the company saying it is evaluating its “global footprint” based on how the pandemic has transformed the way we work. It sounds like SF employees can work virtually or commute to the San Jose headquarters.

Snap built a selfie drone?: It’s adorable, but I’m having a hard time seeing this grow into anything more than a silly side project for the company. “Wait a minute friends, don’t take that selfie. Let me get the drone out. Wait, let it boot up. One second. Wait, no drones allowed here? It’s okay, we’ll be quick. I don’t kill the mood! You’re. Well, the battery is dead, give me a minute.”

Someone found a Pixel Watch: In news that throws me back to the wild gadget blogging days of 2010*, someone found what looks like a prototype Google-made Pixel smartwatch sitting forgotten in a restaurant. Google’s big I/O event starts in just a few weeks, so I’d expect to hear more about it by then. (* “Oh no, how was the iPhone 4/Gizmodo thing over a decade ago‘ he says to himself as he crumbles to dust and blows away.)

added things

We have a paywall section of our website called TechCrunch+. It costs a few dollars a month and is packed with very good stuff! For example, starting this week:

The 9 startups developing the batteries of tomorrow: From building smarter devices to fighting climate change, we need better batteries if we are to keep moving forward. But what actually happens in space? TechCrunch newcomer Tim De Chant started things off with a bang (zap?) with a deep dive into nine companies that have collectively raised over $4 billion in hopes of ushering in the next era of battery technology. Also, he has a pun in the headline, which I think is a win.

YC’s Dalton Caldwell on getting into YC: A few weeks ago at our TechCrunch Early Stage event, Y Combinator’s Dalton Caldwell hosted a session on what he looks for when a startup applies. The session and Q&A afterward were full of actual, actionable insights from someone who knows more about the accelerator application process than perhaps anyone, and in this post I’ve collected many of the parts that stood out to me the most.

Should you put one of your 401(k) in crypto? This week, Fidelity announced that it will allow retirement account holders to invest up to 20% of their 401(k) in Bitcoin. But should you? The excellent Anita Ramaswamy examines the risks and benefits.



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