Daily Crunch: Twilio CEO: Laying off 11% of company’s workforce is ‘wise and necessary’

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The TechCrunch Top 3

• Shedding event: Twilio announced it was laying off 11% of its workforce. CEO Jeff Lawson said the layoffs were “wise and necessary” for the company as it walked the path to profitability. Kyle has more.
• Biting into the Apple iPhone 14: It’s rare that we get a Panzer story, so we were delighted to see it do so well. Perhaps you Daily Crunch fans were also excited to see his name grace a story, or because you were eager to hear a review about the iPhone 14. Don’t worry, if it is the latter, we won’t tell.
• This “island” is not tropical: iPhone fanatics may have doubted the usefulness of “the notch” on the iPhone X, but Ivan writes that the new “Dynamic Island” feature for iPhone 14 is anything but.

Startups and VC

It was the season for audio companies to raise money, as we have a stereo pair of stories today: Romain reports that high-end speaker manufacturer Devialet raised $50 million, and Brian and Haje report that No Mono, maker of the $3,000 podcasts mic array, raised.

It looks like things come in pairs in the transportation industry. TruckSmarter comes out of the shadows with a free load board for drivers, and Kyle has a story about a company that loads $25 million into its bank account.

Non-sound and non-shipping startup news has been reported.

Dear Sophie: Is there a way to keep working in the US after my J-1 visa expires?

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I would like to ask you a question, DearSophie.

I work on a J-1 visa. After my J-1 ends, I have to return to my country for a couple of years.

I would like to stay in the U.S. If I have to return to my country, can I still apply for an O-1A or green card?

Wanting to stay.

Dear Sophie: Is there a way to keep working in the US after my J-1 visa expires?

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Big Tech Inc.

There were a lot of news stories for our tech companies. The action starts with some lights, camera, and action from Haje, who writes on a new camera. Underwater photos can be taken down to 16 meters in depth.

According to Kate, the authorities in South Korea fined the two internet companies $71.2 million for violating their privacy laws. The founder of Terraform Labs had an arrest warrant out for him after the company's two token lost $40 billion in value in a day. The price of Luna dropped as a result of that news.

• More layoffs: Continuing from the Twilio news above, Amanda has more on Patreon laying off 17% of staff, while Lauren reports on Netflix downsizing its animation department.
• More Google: Google had a mixed day. The search giant was not successful in overturning a €4 billion Android antitrust decision, Natasha L writes. But, as Ivan reports, it now has 31 new emojis. Find out which one “shook” him. Meanwhile, Sarah reports some bad news from Google’s Area 120 R&D division — a “reduction in force” — and also walks us through Google’s new redesigned Memories feature and creative tools.
• More creator tools: Speaking of getting creative, Canva unveiled a new suite of products in hopes of shedding its purely graphic design image, Amanda writes.
• More creepy AI: Devin delights us with “a terrifying AI-generated woman lurking in the abyss of latent space.”
• More charging stations: At the Detroit Auto Show today, Biden announced $900 million for EV charging stations, Rebecca reports.