Kanye agrees to buy Parler, Elon Musk reportedly plans mass layoffs at Twitter, and Netflix gets into cloud gaming • TechCrunch

Hey, buddies! Welcome back to 7 days in Overview, where each individual Saturday we recap a handful of the top rated TechCrunch stories from the past 7 times. Want it in your inbox? Get it below!

This 7 days marked the in-particular person return of TechCrunch Disrupt, with our group taking the clearly show again into the true environment immediately after two many years fully digital. It was one helluva display, with appearances from people like tennis legend (turned trader) Serena Williams, comic (also turned investor!) Kevin Hart, Lyft co-founder John Zimmer, and Figma CEO Dylan Field. Congrats to Minerva Lithium for winning the Startup Battlefield levels of competition!

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Google’s Ping-Pong robotic: “As if it weren’t ample to have AI tanning humanity’s disguise (figuratively for now) at each board activity in existence,” writes Devin, “Google AI has got just one doing work to destroy us all at Ping-Pong as properly.”

Elon expects substantial Twitter layoffs: Musk reportedly wants to lower up to 75% of Twitter’s workforce — around 5,600 employment — if/when his acquisition of the firm goes as a result of. That range looks really absurd. Even considerably smaller sized layoffs have compounding consequences on things like workforce morale and productiveness — just envision the quantity of understanding/insight that disappears if the vast majority of a enterprise is enable go.

Kanye West is shopping for Parler: Perfectly, that is a headline I by no means, ever, ever would’ve predicted. “Kanye West, the rapper who also goes by the identify Ye, has attained an agreement to acquire ‘uncancelable free of charge speech platform’ Parler,” writes Manish, “in a go [the involved parties say] will aid people categorical their conservative views freely.”

Stability AI raises $101 million: The company at the rear of the AI-powered impression generator Stable Diffusion and tunes-making system Dance Diffusion has raised $101 million at a noted valuation of $1 billion.

Netflix explores cloud gaming: Just as Google presents up on its cloud gaming efforts, Netflix is diving in. At Disrupt this week, Netflix’s VP of Gaming mentioned the business is “seriously checking out a cloud gaming giving,” declaring that Google’s shuttered energy was a “technical success” with “issues with the business enterprise product.”

audio roundup

Here’s what is up in TC podcast land this week:

• Fairness was stay and in person! Just after decades in pandemic manner, the Fairness crew (Alex, Natasha, and Mary Ann) kicked off Disrupt by recording a exhibit experience-to-facial area for the 1st time.
• On Identified, Darrell and Jordan caught up with Jerrica Kirkley and Matthew Wetschler and uncovered the story of Plume, their telehealth enterprise that focuses on transgender treatment.

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What have been TC+ users looking through most driving the paywall? Here’s a peek:

2023 VC predictions: Right after a wild couple of several years of ups and downs, what will venture money appear like in 2023? Contrary Money founder Eric Tarczynski weighs in.

Ron explores Celonis and its $13 billion valuation: Celonis could not be a title that absolutely everyone recognizes…but the 11-calendar year-aged facts-processing organization has managed to elevate billions of dollars in the past several a long time alone. What are they carrying out so ideal? Ron Miller can take us on a deep dive.