Kanye agrees to buy Parler, Elon Musk is said to be planning mass layoffs on Twitter, Netflix enters cloud gaming

Hello friends! Welcome back to Week in Review, where every Saturday we round up some of TechCrunch’s best stories from the past seven days. Do you want it in your inbox? Bring it here!

This week saw the return of TechCrunch Disrupt in person, with our team bringing the show back into the real world after two years entirely virtually. It was a great show, with people like tennis legend (who became an investor) Serena Williams, comedian (who also turned into an investor!) Kevin Hart, Lyft co-founder John Zimmer, and Figma CEO Dylan Field. Congratulations to Minerva Lithium on winning the Startup Battlefield Contest!

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Android Ping Pong Google“As if it wasn’t enough for an AI to tan the hide of humanity (figuratively at the moment) in every board game out there,” Devin wrote, “Google AI has wrecked us all in Ping-Pong as well.”

Elon expects to lay off a large number of workers on Twitter: Musk is said to want to cut up to 75% of Twitter’s workforce – roughly 5,600 jobs – if/when his takeover of the company takes place. This number seems very ridiculous. Even much smaller layoffs have compounding effects on things like team morale and productivity – just imagine how much knowledge/insight goes away if The majority of From a company being abandoned.

Kanye West buys Parler: Well, that’s a headline I never expected. Manish wrote: “Kanye West, a rapper also called Ye, has reached an agreement to purchase the ‘irrevocable free speech platform’, Parler,” in a move [the involved parties say] It will help individuals freely express their conservative views.”

Amnesty International in Stability raises $101 millionThe company behind the AI-powered image generator Stable Diffusion and the music-generating system Dance Diffusion has raised $101 million at a $1 billion valuation.

Netflix explores cloud gaming: Just as Google is abandoning its cloud gaming efforts, Netflix is ​​getting deeper. At Disrupt this week, Netflix’s vice president of gaming said the company is “seriously exploring cloud gaming offerings,” saying Google’s closed efforts have been a “technical success” with “issues with the business model.”

audio report

Here’s what happened on TC podcast Land this week:

  • the financial value It was lively and personal! After years in a pandemic setting, the Equity crew (Alex, Natasha and Mary Ann) started Disrupt by taping a face-to-face show. for the first time.
  • on me is foundDaryl and Jordan met Jerica Kirkley and Matthew Wechler and learned about the story of Bloom Telehealth, which focuses on transgender care.

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2023 VC . forecast: After a few years of ups and downs, what will venture capital look like in 2023? Capital founder Eric Tarcinsky weighs the opposite.

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