To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3pm PST, subscribe here.
Happy Friday!join the wish Lorenzo A warm welcome to the team! He joined our cybersecurity reporter Crack on his team and works alongside Zach and Carly. He just published his first article on his TC. T-Mobile reports hackers accessed personal data of 37 million customers. Welcome!
Enjoy your weekend! — Christine When Haje
TechCrunch Top 3
- Alphabet announces layoffs: Tech layoffs made headlines in the last two months, but it was only a matter of time before Google’s parent company, Alphabet, announced something. The search engine giant has announced it will cut his 6% of its workforce. This affects his 12,000. And like others, CEO Sundar Pichai explained how the company was “hired for different economic realities.” Pole writing.
- game off: As popular as the game is, this upcoming layoff story is a bit of a surprise, but not entirely unexpected as media companies have been hit hard.Publish content on Giant Bomb, GameSpot and Metacritic. Entertainment company Fandom laid off about 10% of its staff across these publications. Ivan report.
- It’s all about money, money, money: Indian social media influencers are required to disclose promotional content, also known as paid promotion, to the government. The Office of Consumer Affairs has issued guidelines on how to do so. jugmeat There are more.
Startups and VC
Chris DeWolfe’s latest game company’s $32 million seed round might seem like a throwback to more frothy times like 2021.but it is Amount raised by PLAI Labs in a deal led by Andreessen Horowitz (a16z)report ConnieShe points out that this is a big moolah in a volatile market, with the company’s $600 million debut gaming vehicle and $4.5 billion in cryptocurrency, even though it comes from two separate a16z funds. funds, both announced last May.
Here’s another handful for you:
Four investors discuss the next big wave of alternative seafood startups
Image of WildType sushi grade lab-grown salmon. Image credit: Arie Elfenbein/WildType
Plant-based burgers and nuggets have a lot of hype, but these days, alternative seafood products are getting more attention and money from investors.
“More than $178 million will be invested in alternative seafood in the first half of 2022, with market value expected to reach $1.6 billion over the next decade,” she reports.
To learn more about this mature space, Christine Hall surveyed four investors to find out what they think about regulation, the “unique challenges” companies face as they try to scale, and growth and risk. I’ve heard your thoughts on how you’re approaching
- Kate Danaher, Managing Director, Marine & Seafood, S2G Ventures
- Friederike Grosse-Holz, Director, Blue Horizon
- Christian Lim, Managing Director, Blue Ocean, SWEN Capital Partners
- Amy Novogratz, Co-Founder and Managing Partner of Aqua Spark
Three more from the TC+ team:
TechCrunch+ is a membership program that keeps founders and startup teams a step ahead. You can sign up hereUse code ‘DC’ and get 15% off your annual subscription!
Big Tech Co., Ltd.
Alright, let’s stop talking about layoffs. Today is Friday so let’s have some fun!
Are you still playing Wordle? Or maybe you switched to that clone of Quordle. good, Quordle acquired by Merriam-Webster, Pole report. If you’ve never tried it before, Quordle is similar to the basic Wordle concept of guessing words in a fixed number of attempts. Perfect for warming up on cold winter nights.
Here are four more fun things to do on Friday.
- your turn: Amanda After weeks of backlash and protests from content creators and fans, Dungeons & Dragons publisher We have decided to put the game under a Creative Commons license.
- sudden goodbye: After recently blocking third-party clients such as Tweetbot and Twitterific, Twitter has gone ahead and officially banned them, Kyle writing.
- Ichimi: Netflix founder Reed Hastings I have stepped down as co-CEO, but will remain on the board. taylor writing. in the meantime, Netflix Eyes Free Streaming ‘FAST’ Channels As a possibility to grow your advertising business, Lauren report.
- up, up, away: as Darrell Canada has risen from the sidelines to join the space race, and writes that it hopes. Support commercial space launches.
