Thank you all for joining us! Week in Review is a newsletter where we recap some of the top stories from the past week. You can sign up here to get it in your inbox on Saturdays.
This week's most read story was about a time machine. As in the movie. Yes, that's right. The recently revived brand released images of the Alpha 5, an electric vehicle built in homage to the DeLorean time machine. The company says it will do zero to 60 in two minutes and zero to 88 in 4.35 seconds.
Is there anything else happening this week? People were reading a lot of things.
The Worldwide Developer Conference kicks off on Monday, June 6, and rumors about what will be announced are already spreading fast. Brian Heater has a report on what he expects to see at the event, and Sarah Perez took a deep dive into what is likely to change in the mobile operating system.
The COO of the company that used to be known as Facebook is stepping down after 14 years. Meta will have a COO and a board of directors.
The cloud cam was a smart home camera launched by Amazon. It immediately purchased two smart camera makers. Amazon is no longer using Cloud cam in favor of the others. At the end of the year, existing Cloud cam users will get a free blink mini camera as a replacement, along with a free year of the blink plus plan. Make sure to back up your saved videos if you use a Cloud cam.
If you're a normal person just trying to buy something on Amazon, you've probably felt the disappointment of being beat to the punch by a billion bot. If you request an invitation, Amazon will check your purchase history to see who gets first dibs on certain high-demand items.
It was another brutal week of tech layoffs, with 8% of Carbon Health, 14% of Loom, 10% of the Winklevoss twins, and more.
It was reported that everyone at the company will need to be in the office for at least 40 hours a week. Then came the news of a hiring freeze and plans to cut up to 10% of the workforce.
Are you a fan of TechCrunch for your ears? The latest of which Matt Burns summed up is a bunch of super- good podcasts.
Burnsy talked with the CEO of Olive, a Columbus, Ohio, company that has pivoted 27 times and is now worth billions.
There is a paywalled section of our website. It only costs a few dollars a month and it has a lot of good stuff. For example from this week.
Most of the big cryptocurrencies have been in a downward spiral. What are investors' feelings about the space as a whole? There were a few VCs who checked in with the lady.
There is an idea floating in the ether that there is enough sunny federal land in Nevada to power the United States with solar. Why don't we have more wind and solar on public land?
Even the largest and best-known private fintech companies are suffering from embarrassing revaluations.