Twitter exposes secrets and techniques, FTC clamps down on overview hijackers and Android 14 arrives
Whats up, mates. In search of a recap of this week’s information? You’re in the suitable place. It’s Week in Assessment (WiR), the (roughly) common publication that recaps the highest tales from the previous few days written by the proficient TC staff. (Woot, alliteration.) There’s no faster option to atone for the stuff that issues. After all, we’re slightly biased.
Earlier than we get on with the good things, a reminder that TechCrunch Early Stage 2023 is sort of upon us — happening April 20 in Boston. I’ll chorus from rehashing my pitch in previous columns too a lot, however belief me after I say you’ll need to be there. Not solely will you be handled to a wholesome chunk of the TC editorial crew out and about — a rarity! — however you’ll even have entry to professional panels masking the various features of startup constructing.
Elsewhere in occasions land, don’t overlook that Disrupt, TechCrunch’s annual flagship convention, kicks off September 19. We’re notably excited in regards to the AI Stage, which is new this 12 months. Tickets can be found right here.
With that out of the way in which, on to the information:
Personal no extra: This week, quite a few Twitter customers reported a bug during which Circle tweets — that are supposed to achieve a choose group, like an Instagram Shut Buddies story — had been surfacing on the algorithmically generated For You timeline. That meant that some folks’s supposedly personal posts had been breaching containment to achieve an unintended viewers, which shortly sparked some uncomfortable conditions, Amanda experiences.
They made me do it: In a latest interview with BBC reporter James Clayton on Twitter Areas, Twitter CEO Elon Musk admitted what many had suspected: He purchased Twitter as a result of he thought he’d be compelled to. To recap, Twitter took Musk to trial final 12 months to power him to honor his signed obligation to accumulate the corporate for the agreed-upon worth of $44 billion, or $54.20 per share. After some authorized back-and-forth, Musk — staring down the barrel of a prolonged court docket battle — agreed to purchase the corporate on the worth he initially set.
Twitter turn into X: In much more Twitter information (it’s loads, I do know), Twitter, Inc., is now referred to as X Corp., based on a court filing in California. Amanda writes that Elon Musk, who bought Twitter for $44 billion final 12 months, has aspired to construct what he calls “X, the everything app.” This proposed app would possibly appear to be China’s WeChat, which helps messaging, funds, ride-sharing, meals supply and different providers multi functional place.
Hijacked critiques: The U.S. Federal Commerce Fee (FTC) approved a remaining consent order in its first-ever enforcement motion over a case involving “overview hijacking,” or when a marketer steals shopper critiques of one other product to spice up the gross sales of its personal. Sarah writes that, on this case, the FTC ordered dietary supplements retailer The Bountiful Firm, the maker of Nature’s Bounty nutritional vitamins and different manufacturers, to pay $600,000 for deceiving and deceptive clients on Amazon.
If it’s free, it’s for me: Google TV, Google’s sensible TV working system that powers Chromecast units and varied TVs, this week bought a major replace aimed toward increasing entry to free, streaming content material. Google TV now integrates entry to free streaming channels like Tubi, Plex and Haystack Information instantly in its redesigned Reside tab, alongside the present lineup of channels from free streamer Pluto TV.
New cellphone, who dis?: In an effort to increase its attain, Stockholm-based Truecaller is introducing an replace that’ll present reside caller ID assist on iOS, obtainable to folks utilizing its paid tiers. Jagmeet writes that the brand new function comes as Truecaller continues to see loads of development, but additionally some knocks in its strongest markets, similar to India.
Clay is the brand new plastic: Disposable plastic and paper cups are an environmental mess. GaeaStar, a startup primarily based in Berlin and San Francisco, thinks it may well do higher with simply clay, water, salt and sand, Harri experiences. To make the disposable containers, the startup says that it developed a particular 3D-printer that churns them out in “30 seconds or much less” — fairly the declare.
New Android on the block: Google’s Android growth cycle runs on a somewhat predictable cadence today. To wit, this week, after two developer previews, the corporate launched the primary of 4 deliberate public beta releases of Android 14, Frederic experiences. As with earlier variations, the primary beta can be the primary launch that anybody can set up over the air, assuming they’ve a supported Pixel system, going again to the Pixel 4a 5G (however not the Pixel 4).
TechCrunch’s roster of podcasts hasn’t gotten any much less spectacular, in case you haven’t given any of it a pay attention. Over on Fairness, the crew dove into offers of the week, regulation and on-the-ground dynamics at play within the AI house and the chance that funds might afford enterprise corporations. And on this week’s Found, Lauren Markler got here talked about how her firm, Cofertility, goals to rebrand egg donation by making the method much less transactional — and rather more inexpensive.
TC+ subscribers get entry to in-depth commentary, evaluation and surveys — which you understand should you’re already a subscriber. In the event you’re not, think about signing up. Listed below are just a few highlights from this week:
SaaS metrics that appeal to buyers: Oleksandr Yaroshenko, the top of technique and investments at Headway, writes about what engagement metrics acquire probably the most important curiosity from buyers, together with engagement over lengthy intervals on the finish of a subscription and the frequency of interactions with core app options.
What tailpipe regs imply for buyers: The Environmental Safety Company is proposing new rules that may take impact in 2027 and pave the way in which for a brand new car market dominated by EVs. Tim writes about how funding alternatives abound as the principles push EVs to the forefront.
Robotic revolution: Brian spoke with over a dozen VCs in regards to the state of robotics investing in 2023. As he notes, regardless of the latest downtrend, robotics stays vibrant and thrilling, and it unquestionably has a shiny way forward for exponential development forward.