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Happy Friday! came He’s spending some time on the east coast, so I’m running solo. It’s been Twitter all day, as you can see from last night’s surprise move by Elon Musk and tons of Twitter stories from our awesome consumer tech team. We promise to give you a little of that, and a little more of what we’ve been working on. Shall we dive in? – Christine
TechCrunch’s Top 3
- Flying public couponNow that Elon Musk owns Twitter, its days as a public company are numbered. in fact, Ivan Twitter has written that it will be canceled on November 8 – election day for the US midterm elections.
- tying the bird: To Europe, with only a few hours to actually take over Twitter, Musk found himself on the wrong end of EU officials, who corrected him after tweeting how free he thought Twitter was now. Natasha L It has more.
- Big Tweet bossReports now say that Musk will take the CEO role for himself. Ivan He writes, after him He fired four of Twitter’s top executivesas reported Amanda.
For more news about the bluebird, go to the Big Tech Inc. section, where we planted you.
Startups and VCs
Unfortunately, the results are coming for 54gene, an African genomics startup focused on providing more African genetic material for pharmaceutical research – now only 3% is available. take up Reports. After months of layoffs and CEO resignations, the company confirmed another round of layoffs — this time 100 people — but slashed its value by more than $100 million.
And we have three more for you:
- Robot violenceGalen Robotics has a new robot that can help with ear, nose and throat surgery. Oh, and it got $15 million in new funding. Andrew Reports.
- Follow the yellow brick roadGame studio Hidden Door is using narrative AI to turn novels into immersive role-playing experiences, and Rebecca “The Wizard of Oz,” he writes, is trying.
- Does anyone else use this word?I was happy to see that there is a company called Skidatl. The company is using augmented reality to show people what they are doing around them, what they are working on. Rebecca It’s “like Bat-Signal for fun,” he writes.
5 ways biotech startups can reduce the risk of long-term sustainable growth
Image Credits: jayk7 (Opens in a new window) / Getty Images
Thanks to R&D and clinical trials, life science startups have long lead times before bringing their capital-intensive products to market.
“But what happens when the money suddenly dries up?” asked Omar Khalil, a partner at Sante Ventures. he asked.
In a guest post for TC+, he shares five strategies for biotech startups trying to stay warm during the winter.
It is still too early to tell if this is a short-term correction or a new normal for the foreseeable future.
Three more from the TC+ team:
TechCrunch+ It’s our membership program that helps founders and startup teams get ahead of the pack. You can register here.. Use code “DC” for 15% off annual subscription!
Big Tech Inc.
As promised, we have more Twitter news for you to enjoy. As I write this, many of my colleagues have jumped on Twitter Spaces to talk about this. One of the latest news Taylor Elon Musk has been setting up a content moderation “council” to make certain decisions — such as account reinstatement, Sal, Donald Trump. Here are two more:
As we receive additional earnings reports:
And we have four more for you:
