Elon’s big week

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Hey!

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I’m Greg Kumparak.

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For the foreseeable future, I’ll be heading up Week in Review, and your former host, Lucas Matney, will dive into the cryptosphere with the launch of a newsletter. and the podcast is called Chain reaction. He doesn’t go too far and I’m sure he will come back from time to time.

If my name sounds familiar to you, it’s probably because I took over the review of the week several times while Lucas was passed out/touching grass/not looking at the screen. Or it could be because you’ve been reading TechCrunch for a long time. I have been in this place for over ten years; I wore a lot of hats at that time. (Metaphorical hats. I have an old head, most real hats don’t fit me.)

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This is all I can say about myself for now, because this is not a Greg in Review newsletter. But come say hello on twitter. Tell us what you like most about the Week in Review as it has been so far. I’m not going to change the format much, but I always try to do more of what people like.

big thing

Lucas always started the newsletter with the “big event” of the week… and, well, the highlight of this week was, undeniably, that Elon Musk offered $44 billion to buy Twitter, and Twitter agreed. If you looked at our list of the most read posts of the week, you might think that this was Only what happened in tech this week. No kidding.

I’m pretty sure almost everything that can be said about Elon, Twitter, and the combination of Elon and Twitter… has been said. Hot takes, not-so-hot takes… all takes at all temperatures have already been shot. I believe that if you have nothing smart to say, the smartest thing you can say is to say nothing.

[ … pause for effect]

Luckily, I have a lot of smart friends who have said a lot of smart things!

Ron was quickly out of the gate with some thoughts on how Twitter has evolved since he joined in 2007 and where he might be heading next. Natasha noted that with a number of Twitter employees suddenly less happy and probably richer, this could be the start of a whole new wave of startups. Devin asked… well, all about it.

If you suddenly find yourself saying, “Wait, Elon is buying Twitter?” here’s our summary of the whole wild trip.

other things

Believe it or not, something else happened this week! Like:

PayPal has confirmed that it is closing its San Francisco office: Our very own Mary Ann Azevedo has revealed that PayPal is parting ways with its San Francisco office, and the company said it is evaluating its “global office footprint” based on how the pandemic has changed the way we work. It looks like SF employees will be able to work virtually or commute to the San Jose headquarters.

Has Snap Built a Selfie Drone?: It’s amazing, but it’s hard for me to understand how this becomes anything more than a stupid side project for the company. “Hang on guys, don’t take that selfie. Let me get the drone. Wait, let it load. One second. Wait, drones are not allowed here? It’s okay, we’ll be fast. I don’t kill the atmosphere! You. Well, the battery’s dead, give me a minute.

Someone found a Pixel watch: In news that takes me back to the gadget blogging frenzy of 2010*, someone found what appears to be a Google-made Pixel smartwatch prototype forgotten in a restaurant. The big Google I/O event is just a few weeks away, so I expect to hear more about that then. (* “Oh no, what’s up with the iPhone 4/Gizmodo? over ten years agohe tells himself, crumbling to dust and deflated.)

added things

We have a paid section of our website called TechCrunch+. It costs a few bucks a month and it’s full of really good stuff! For example, from this week:

9 Startups Designing Tomorrow’s Batteries: From building smarter devices to fighting climate change, we need better batteries if we want to move forward. But what is really happening in space? TechCrunch newcomer Tim De Chant got off to a flying start by taking a close look at nine companies that have collectively raised over $4 billion in hopes of ushering in a new era of battery technology. Plus, he has a pun in the title, which is a win in my book.

Dalton Caldwell of YC on getting into YC: A few weeks ago at our TechCrunch Early Stage event, Dalton Caldwell of Y Combinator hosted a session on what he looks for when a startup applies. The session and the subsequent Q&A session was full of factual and actionable information from someone who knows more about the accelerator application process than anyone else, and in this post I’ve compiled many of the points that stood out to me the most.

Should any of your 401(k)s be invested in cryptocurrencies? Fidelity announced this week that it will allow retiree account holders to invest up to 20% of their 401(k) in bitcoin. But should you? The excellent Anita Ramaswami explores risks and rewards.




Credit: techcrunch.com /

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