Musk’s Twitter purchase plan calls for new CEO, monetization strategies, job cuts – TechCrunch

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Friday, more like Fri-yay! It’s April 29th, 2022, we’re here with the latest headlines but honestly our brains are mostly focused on all the hardcore fun we’re about to have this weekend. Like doing laundry, napping, playing with our pets, reading a book for a while and sleeping in. I know we’re old and boring, deal with it. — Christine and hey

The TechCrunch Top 3

  • Sell ​​Tesla, Get a Nice Tweet Deal: Everyone’s favorite billionaire buying social media is Selling $4 billion worth of Tesla stock and supposedly has a new Twitter CEO lined up. He also shared that he has the beginnings of a plan to monetize tweets.
  • Wait, companies need to make money? Robinhoods The stock price is off a cliff as competition intensifies and the business model becomes more and more distorted.
  • Home is where the benefits are: Airbnb employees got a fun surprise this week when the company announced to its employees that it is adopting a “live anywhere, work anywhere” philosophy. Would you like to work in the office? You have it. Would you like to continue working from home? No problem. Would you like to move to a foreign country and work from there? Yes, but only up to 90 days a year. We suspect even they had to draw a line somewhere.

Startups and VCs

The civil drone manufacturer DJI and the Ukrainian and Russian governments continue their dispute. Last, DJI suspends sales in Ukraine and Russia in an apparent attempt to appear more neutral.

We were particularly excited this morning by Jim Motavalli‘s feature article on bi-directional charging. In other words, if the power goes out, What does it take to power your home with your car’s batteries??

Johnny’s in the basement mixing the medicine, I’m on the sidewalk reading the news in amazement:

  • They grow up so fast: That feeling when you really want to put some money into a startup but you’re just a little too young? Yes, Techstars hates that too and it debuts a new fund aims to invest in early-stage companies.
  • Do I look like I know? What is a JPEG: Revise raises $3.5 million to give NFTs powers more than just a pretty picture.
  • The game of phones: Vercom, who wants to be a competitor to Twilio and Sinch, acquires marketing automation MailerLite for $90 million.

Get to know the 9 startups that are loaded with capital in the billions and are developing tomorrow’s batteries today

In his first TechCrunch+ article, Senior Climate Writer Tim De Chant examined nine startups optimizing battery technology for electric vehicles that have collectively raised just over $4 billion over the past 18 months.

Improving technologies like solid-state batteries, swapping out certain chemical components, and using hybrid chemistries are just a few of the techniques startups are employing to unlock benefits like weight reduction while increasing range and safety.

“But cars and trucks won’t be the only thing touched by the battery revolution that’s set to take place over the next few years,” he writes.

“How many advances will better, lighter and longer-lasting batteries bring about changes in our lives that are both unexpected and welcome.”

(TechCrunch+ is our membership program that helps founders and startup teams get ahead. Here you can sign up.)

BigTech Inc.

We’re on a bit of a roller coaster ride in terms of good news and bad news, so keep your hands and legs on the newsletter and you’ll be good.

  • Amazon’s crown slips: In the public cloud kingdom, we find that Amazon is an “undisputed king,” but Microsoft is poised to storm the castle. Amazon continues to hold court and has controlled a third of the public cloud for years, but Microsoft has quietly built a public cloud army that now accounts for 22%, up from 20% last year.
  • And Amazon’s earnings, not so good: The company’s shares fell to a two-year low after news that the company reported a first-quarter loss that was attributed to “inflation and supply chain pressures.”
  • Apple has another revenue stream: In today’s Fruit News, Apple reported some record-breaking service revenue numbers, which rose 17% year over year to $19.8 billion. There are many reasons for the good quarter including Sell ​​lots of iPhones, computers and watches.
  • Netflix made a few layoffs: Some of Tudum’s editorial staff were dismissed yesterday. Tudum, as you may recall, is Netflix own release this only started five months ago. While Netflix said Tudum will not be shut down, it continues without an editorial director and at least seven others.

Musk’s Twitter purchase plan calls for new CEO, monetization strategies, job cuts – TechCrunch Source link Musk’s Twitter purchase plan calls for new CEO, monetization strategies, job cuts – TechCrunch

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