Kanye agrees to buy Parler, Elon Musk reportedly plans mass layoffs at Twitter, and Netflix gets into cloud gaming • TechCrunch

Hey, close friends! Welcome again to Week in Overview, where each and every Saturday we recap a handful of the prime TechCrunch tales from the previous seven days. Want it in your inbox? Get it in this article!

This week marked the in-man or woman return of TechCrunch Disrupt, with our crew taking the present again into the authentic world following two yrs completely virtual. It was a single helluva present, with appearances from individuals like tennis legend (turned investor) Serena Williams, comic (also turned investor!) Kevin Hart, Lyft co-founder John Zimmer, and Figma CEO Dylan Discipline. Congrats to Minerva Lithium for winning the Startup Battlefield competitors!

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Google’s Ping-Pong robot: “As if it weren’t adequate to have AI tanning humanity’s hide (figuratively for now) at every board video game in existence,” writes Devin, “Google AI has received just one doing work to damage us all at Ping-Pong as very well.”

Elon expects massive Twitter layoffs: Musk reportedly wants to slash up to 75% of Twitter’s workforce — about 5,600 positions — if/when his acquisition of the company goes as a result of. That quantity would seem very absurd. Even substantially smaller sized layoffs have compounding consequences on points like staff morale and productivity — just consider the quantity of understanding/insight that disappears if the bulk of a organization is let go.

Kanye West is obtaining Parler: Very well, that is a headline I by no means, at any time, ever would’ve predicted. “Kanye West, the rapper who also goes by the identify Ye, has achieved an settlement to obtain ‘uncancelable free of charge speech platform’ Parler,” writes Manish, “in a shift [the involved parties say] will assist persons specific their conservative opinions freely.”

Security AI raises $101 million: The company driving the AI-powered picture generator Steady Diffusion and new music-generating process Dance Diffusion has elevated $101 million at a described valuation of $1 billion.

Netflix explores cloud gaming: Just as Google gives up on its cloud gaming endeavours, Netflix is diving in. At Disrupt this 7 days, Netflix’s VP of Gaming mentioned the firm is “seriously checking out a cloud gaming giving,” stating that Google’s shuttered effort and hard work was a “technical success” with “issues with the company product.”

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Here’s what is up in TC podcast land this 7 days:

  • Fairness was are living and in individual! After yrs in pandemic method, the Equity crew (Alex, Natasha, and Mary Ann) kicked off Disrupt by recording a clearly show encounter-to-face for the initial time.
  • On Identified, Darrell and Jordan caught up with Jerrica Kirkley and Matthew Wetschler and uncovered the tale of Plume, their telehealth enterprise that focuses on transgender treatment.

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What were being TC+ users studying most powering the paywall? Here’s a peek:

2023 VC predictions: Soon after a wild few several years of ups and downs, what will venture cash search like in 2023? Opposite Cash founder Eric Tarczynski weighs in.

Ron explores Celonis and its $13 billion valuation: Celonis might not be a name that everybody recognizes…but the 11-calendar year-previous details-processing enterprise has managed to raise billions of dollars in the past handful of years by yourself. What are they executing so proper? Ron Miller normally takes us on a deep dive.

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