The TwitterMusking and other news

Lo, the day is upon us: Elon Musk owns the bird app and all that comes with it. Musk’s $44 billion Twitter acquisition has closed, and he fired most of the top people in charge and is now busy learning about this thing he sort of wanted, then didn’t want at all, and now has … Read more

Twitter just keeps getting more expensive

That Elon Musk closed his buy of Twitter this week has been wall-to-wall news. With the former executive team out, jokes in, and Musk now in control of the social service, a long chapter in technology history has been written. Views vary regarding what’s next for Twitter, be it looser content moderation guidelines or the … Read more

India to create committees with veto power over social media content moderation

India will set up grievance committees with the veto power to reverse content moderation decisions of social media firms, it said today, moving ahead with a proposal that has rattled Meta, Google and Twitter. The panels, called Grievance Appellate Committee, will be created within three months, it said. In an amendment to the nation’s new … Read more

5 ways biotech startups can mitigate risk to grow sustainably in the long run

Omar Khalil Contributor Share on Twitter Omar Khalil is a partner at Santé Ventures, where he focuses primarily on biotechnology and medical technology companies. The unprecedented explosion of investment in life sciences over the past decade has resulted in incredible new therapies for patients, strong financial returns for companies and an overall increase in translational … Read more

Crypto bear markets are a ‘great time’ to launch startups, industry execs say

There are other things to look at beyond crypto prices, the COO of Uniswap, Mary-Catherine Lader, said at TechCrunch Disrupt last week. “Right?” She asked rhetorically. “Especially if you’re building something and you’re excited about the technology and its potential and not [viewing] crypto necessarily as an asset class.” Even though the crypto market cap … Read more

Twilio hack investigation reveals second breach, as the number of affected customers rises

U.S. messaging giant Twilio confirmed it was hit by a second breach in June that saw cybercriminals access customer contact information. Confirmation of the second breach — carried out by the same “0ktapus” hackers that compromised Twilio again in August — was buried in an update to a lengthy incident report that Twilio concluded on … Read more

Xiaomi winds down financial services business in India

Xiaomi has quietly discontinued its financial services in India, less than three years after launching payment and lending apps in the key global market, two sources familiar with the matter told TechCrunch, retreating from what analysts say is a $1 trillion opportunity. The Chinese giant recently pulled the Mi Pay and Mi Credit apps in … Read more

US sanctions on China could extend to biotech, official says

On the heels of the Biden administration’s decision to impose sweeping chip sanctions on China, there are signs that China might also lose access to other types of critical U.S. technologies including biotechnology, an area that has historically seen close cooperation between the two countries. Areas “on my radar” for possible additional export controls include … Read more

It happened: Elon Musk officially owns Twitter

It’s for real this time. After months of legal drama, bad memes, and will-they-or-won’t-they-chaos to put your favorite rom-com to shame, Elon Musk has closed his $44 billion acquisition of Twitter. A number of outlets reported that Musk sealed the deal Thursday night, taking Twitter private and ousting a handful of top executives — CEO Parag … Read more

YouTube redesign gives long-form videos, Shorts and Live videos their own tabs on channel pages

YouTube is rolling out a change impacting how videos appear on its platform. The company today announced a redesign that now splits video content into three different tabs on all channel pages — one for YouTube’s traditional long-form content, another for YouTube Shorts only and a third for Live videos, including past, current and upcoming … Read more

Amazon accidentally exposed an internal server packed with Prime Video viewing habits

It feels like every other day another tech startup is caught red-faced spilling reams of data across the internet because of a lapse in security. But even for technology giants like Amazon, it’s easy to make mistakes. Security researcher Anurag Sen found a database packed with Amazon Prime viewing habits stored on an internal Amazon … Read more

Skidattl’s augmented reality beacons are ‘like a Bat-Signal for fun’

Skidattl wants to use augmented reality to get people to engage with the real world. It’s a story we’ve heard before from AR companies, particularly as they pit themselves against the potentially isolating effects of virtual reality. But rather than chasing metaversal Pokémon creatures on the street, Skidattl aims to use AR “beacons” to show … Read more