Elon takes control of Twitter, Google shuts down Hangouts, layoffs of tech workers continue • TechCrunch

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Mass layoffs on Twitter: This was Elon’s first week as the CEO of a $44 Billion Twitter acquisition. It was reported that massive layoffs were imminent – and they had already begun. After sending a very impersonal email Thursday night full teamsThey awake to discover that their access has been suddenly revoked. Twitter employees are referring to the whole situation as “The Layoffs”, despite reports that half of the company’s workforce could be affected.the snapSimilar to Thanos. A class actionA lawsuit has already been filed against Twitter claiming that it is not following the correct legal process.

layoffs everywhere: News of layoffs within the tech industry continues to pour in. Get a lift 13% of its workforceAnd the tape cut 14%And the Opendoor reduced its workforce by 18%.Then there is the 12% cut-off ringing methodsYou can find out more. Amazon and Apple both reported the same thing. Went to a hiring freeze.

Google kills Hangouts: It was inevitable, but Google finally put the final nail in Hangouts’ coffin by closing the chat-focused web application (the Hangouts Android/iOS app shut down last year) and replacing it with Google Chat. Given Google’s history in chat apps, I expect at most two more apps to be released and/or closed before I finish this newsletter.

Falcon Heavy returns to spaceSpaceX launched its Falcon Heavy rocket this week for the first time since 2019. This is a significant step towards completing a mission that had been delayed (“due payload readiness issues”) since 2020.

Amazon expands its music service“The company said it will now offer Prime subscribers a full music catalog of 100 million songs, rather than the previous limited selection of just two million songs,” Sarah wrote, and will provide most podcasts on its service without ads. “

audio report

What’s the latest from the TC Podcast this week? Here are some highlights:

  • The stock crewMelia Russell, Business Insider’s friend, stopped by to tell us about her latest story “How investors are changing the rules of their game when it involves their companies’ maternity leaves policies.”
  • Amanda joins Daryl on TC . podcast To discuss Elon’s “questionable intentions” to change the way identity verification works on Twitter
  • The chain reaction The team examines the growing list of problems that have arisen for bitcoin miners over the past few months.

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Pilot CEO Rips $60 Million Series C DeckPosted in 2021, but this week it exploded! Pilot CEO Waseem Dhar met with Lucas Matney a few weeks after lifting Big C Series.

Most common presentation platform mistakesTC’s resident presentation specialist, Hajjjean Camps, has compiled a list he’s tired seeing on decks. In the thousands Who are they?



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The most efficient bitcoin miners sell for $24 per 100 Terahachas (down from $106 in 2021), as unprofitable miners are forced into selling equipment (Paul Vigna/Wall Street Journal).

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