Hello friends. Want a roundup of this week’s news? You are in the right place. This Week in Review (YR) is a (more or less) regular newsletter written by the talented TC team with the top stories of the past few days. (Woot, alliteration.) There is no quick way to find the important things. Of course, we’re a little biased.
Before we get to the good stuff, a reminder that TechCrunch Early Stage 2023 is upon us, taking place on April 20 in Boston. I will refrain from rehashing my voice in past columns. as well A lot, but trust me when I say you’ll want to be there. Not just a treat for a healthy TC editorial team – a rarity! – But you’ll have access to expert panels covering many aspects of startup building.
Elsewhere on the events floor, don’t forget that Riot, TechCrunch’s annual flagship conference, kicks off on September 19. We are especially excited about the new AI Stage this year. Tickets are available here.
With that out of the way, let’s get to the news:
Personal from now on: This week, several Twitter users reported a bug where Circle tweets — which are supposed to reach select groups, like Instagram’s Close Friends Stories — were showing up on your timeline generated by an algorithm. That meant that some people were breaking the rules to allow their supposedly private posts to reach an unintended audience, which quickly led to some awkward situations. Amanda Reports.
They made me do: In a recent interview with BBC journalist James Clayton on Twitterspace, he admitted what many suspected: he bought Twitter because he thought he would be forced to. To sum it up, Twitter sued Musk last year to force him to comply with an agreement he had signed to buy the company for $44 billion, or $54.20 per share. After some legal back-and-forth, Musk — staring down the barrel of a long court battle — agreed to buy the company at its original asking price.
Twitter became X. In more Twitter news (it’s a lot, I know), Twitter, Inc., now X Corp., is suing in a California court. It is called Amanda writes that Elon Musk, who bought Twitter last year for $44 billion, is interested in building what he calls aX, the app for everythingHe said. This proposed app could resemble China’s WeChat, which supports messaging, payments, ride-sharing, food delivery and other services all in one place.
Hacked reviews: The US Federal Trade Commission (FTC) has approved a final consent order for its first enforcement action in the case of “review hijacking,” or when a marketer steals consumer reviews of another product to boost its own sales. Sarah In this case, the FTC ordered supplement retailer The Bountiful Company to pay $600,000 in fines for allegedly misleading and misleading customers on Amazon, who developed Nature’s Bounty vitamins and other brands.
If it’s free, it’s for me. Google TV, the Google Smart TV operating system that powers Chromecast devices and various TVs, received a significant update this week aimed at expanding access to free and broadcast content. Google TV now integrates free streaming channels like Tubi, Plex and Haystack News on its redesigned Live tab, along with a lineup of channels from free streaming Pluto TV.
New phone, anyone? To expand its reach, Stockholm-based Truecaller is rolling out an update that adds Live Caller ID support on iOS, for those using paid tiers. Jagmet The new feature comes as Truecaller continues to see a lot of growth but has recorded some knocks in strong markets like India.
Clay is the new plastic. Disposable plastic and paper cups are environmental pollution. Berlin- and San Francisco-based startup GaeaStar thinks it works best with just clay, water, salt and sand; Harry Reports. To make disposable containers, the startup claims to have developed a special 3D printer that “can produce them in 30 seconds or less — quite a claim.”
New Android on the block: Google’s Android development cycle is currently at a predictable stage. After all, this week, after two developer previews, the company launched the first of four official beta releases of Android 14. Frederick Reports. Like the previous versions, the first beta is also the first release that anyone can install over the air, assuming they have a supported Pixel device back to the Pixel 4a 5G (but not the Pixel 4).
If you can’t listen to any, TechCrunch’s list of podcasts is no less impressive. In equity, the staff entered the week’s deals, regulation and changes on the ground at play in the AI space, and the potential for funds to pay venture capital firms. And in this week’s Founding, Lauren Markler talks about how her company, Cofertility, plans to rebrand egg donation by making the process less of a transaction.
TC+ subscribers get in-depth commentary, analytics, and surveys — something you already know if you’re a subscriber. If not, consider signing up. Here are a few highlights from this week:
SaaS metrics that attract investors: Oleksandr Yaroshenko, head of strategy and investment at Headway, writes about what engagement metrics get the most interest from investors, including long-term engagement at the end of the subscription and frequency of interactions with core app features.
What a tailpipe means for investors: Environmental Protection Agency It is proposing new rules that will come into effect in 2027 and pave the way for a new vehicle market dominated by EVs. Tim He writes how investment opportunities will increase as regulations push EVs to the forefront.
The Robot Revolution; Brian In the year He spoke with more than a dozen VCs about the state of robotics investing in 2023. According to him, despite the recent decline, robotics remains vibrant and exciting, and undoubtedly has a bright future ahead.