Daily Crunch: Musk’s Twitter Buy Plan Needs New CEO, Monetization Strategies, Job Cuts

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Friday, more like Friday! It’s April 29, 2022, and we’re here with the latest headlines, but to be honest, our brains are mostly focused on all the hardcore entertainment that’s in store for us this weekend. For example, doing laundry, taking a nap, playing with pets, reading a book a little, and sleeping. I know we’re old and boring, deal with it. — Christine and Hadje

TechCrunch Top 3

  • Selling Tesla, getting a beautiful deal on Twitter: Everyone’s favorite social media billionaire $4 billion sale of Tesla shares and supposedly has new CEO of twitter lined up. He also shared that he has a plan to monetize tweets.
  • Wait, companies have to make money? Robin the Hood share price falls off a cliff as the competition gets fierce and its business model becomes more and more distorted.
  • Home is where the benefits are: This week, Airbnb employees got a funny surprise when the company told employees that it was implementing a “live anywhere, work anywhere” philosophy. Do you want to work in an office? Do you understand. Want to keep working from home? No problem. Do you want to move to another country and work from there? Yes, but only up to 90 days a year. We assume that even they needed to draw the line somewhere.

Startups and VK

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Civilian drone manufacturer DJI and the governments of Ukraine and Russia continue to quarrel. Recently, DJI suspends sales in Ukraine and Russia in an apparent attempt to appear more neutral.

This morning we were especially struck by Jim MotavalliFeature article on bidirectional charging. In other words, if the electricity goes out, what you need to power your home with car batteries?

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Johnny’s in the basement mixing drugs, I’m on the sidewalk wondering what the news is.:

  • They grow so fast That feeling when you really want to invest some money in a startup, but it’s too young? Yes, Techstars hate it too, and that new fund debuts are aimed at investing in companies of an earlier stage.
  • I look like I know which jpeg is: Revise raises $3.5 million empower the NFT other than that it’s just a pretty picture.
  • Phone game: Vercom, which wants to compete with companies like Twilio and Sinch, acquires MailerLite for marketing automation for 90 million dollars.

Fueled by Billions of Capital, Meet 9 Startups Designing Tomorrow’s Batteries Today

In his first feature on TechCrunch+, senior climate writer Tim De Chant reviewed nine startups optimizing battery technology for electric vehicles that have collectively raised just over $4 billion over the past 18 months.

Improving technologies such as solid-state batteries, replacing certain chemicals, and using hybrid chemicals are just some of the methods startups are using to reap benefits such as weight reduction while increasing range and safety.

“But it’s not just cars and trucks that will be affected by the battery revolution that will take place over the next few years,” he writes.

“Like many advances, better, lighter and more durable batteries will lead to unexpected and welcome changes in our lives.”

(TechCrunch+ is our membership program that helps founders and startup teams get ahead. You can register here.)

Big Tech Inc.

We’re going to be on a bit of a rollercoaster ride in terms of good news, not bad, so keep your hands and feet inside the newsletter and you’ll be fine.

  • The Amazon crown falls: In the kingdom of the public cloud, note that Amazon is “the undisputed king”, but Microsoft is ready to storm the castle. Amazon continues to sue, controlling a third of the public cloud for years, but Microsoft is quietly building up a public cloud army that is now 22% up from 20% last year.
  • And Amazon’s earnings are not so good: The company’s shares fell to a two-year low on news that the company reported a loss in the first quarter attributable to “inflationary and supply chain pressures.”
  • Apple has a different approach to revenue: In today’s fruity news, Apple reported record-breaking services revenue, up 17% year-over-year to $19.8 billion. There are many reasons for a good neighborhood, including sale of a large number of iPhones, computers and watches.
  • Netflix has made several layoffs: Yesterday part of the editorial staff of Tudum was fired. Tudum, as you remember, Netflix Internal Edition it only started five months ago. While Netflix has said that Tudum is not shutting down, it is moving forward without an editorial manager and at least seven other people.




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