Hello dear friends and welcome to Week in Review (WiR). This is TechCrunch’s regular newsletter featuring the top tech news of the past week (or so). If you don’t already have sign up here Receive WiR in your inbox every Saturday.
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Reddit’s CEO lashed out: Reddit CEO Steve Huffman said: API changes Created by this platform, writes Ivan.in an interview with The Verge, NBC News and NPRHuffman defended the company’s decision to charge third-party apps, saying the API was not designed to support these customers.
Subreddit goes dark: For relevant Reddit news, over 300 subreddits, including popular subreddits such as r/aww, r/music, r/videos, r/futurology, Blackout – Makes users inaccessible – Indefinitely In the last few days (June 12-14), after the mass protests against Reddit’s API changes ended on June 14th, Thousands of Subreddits Joined Together This is in protest of Reddit’s aforementioned API change, which could lead to the closure of many third-party apps.
Twitter Banned: Twitter owed a landlord in Boulder, Colorado, three months’ rent, and a judge agreed to evict the company’s offices there, court documents show.since then Takeover by Elon MuskTwitter’s business is more or less in turmoil, Many unpaid bills have been reported.
Karvana collapses. Calvana large gathering Harry and Alex write: The company has secured billions of dollars in equity and debt funding since its inception in 2013 and has acquired several startups. car 360 and Adesa.But through it all, the company not yet recorded real profit.
Ransomware Gang Lists Victims: Exploiting a critical security vulnerability in a popular corporate file transfer tool, ransomware group Clop has begun compiling a list of victims of a large-scale hack involving numerous US banks and universities. Since late May, a Russian-linked ransomware group has been exploiting a security flaw in MOVEit Transfer, a tool used by businesses to share large files over the Internet.
Check your skin condition with Google Lens: Google has enhanced Google Lens, an app that uses computer vision to display information related to identified objects, with a handy new feature. Lenses can now show skin conditions similar to those found on your own skin, such as moles and rashes, based on uploaded photos.
New York City delivery worker minimum wage: New York City has set a new minimum wage for food delivery workers who deliver on platforms like Uber Eats, DoorDash, Grubhub and Relay. It should be a historic win for gig workers, but Rebecca writes how frustrated both delivery people and businesses are.
YouTube allows more users to earn money. YouTube is relaxing the requirements for creators to access monetization tools under the YouTube Partner Program (YPP). Specifically, the company is expanding its shopping affiliate program to US-based creators who are already on YPP and have over 20,000 registrants.
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TechCrunch’s podcast collection is a gift that keeps on giving. However, this writer might be a little biased. Stocks have been sluggish this week TechCrunch Podcast We revisited Inside Startup Battlefield, a four-part series that takes a behind-the-scenes look at TechCrunch’s Startup Battlefield competition.
foundMeanwhile, we featured Amy Brown, co-founder and CEO of Authenticx, a Midwest startup that helps insurers and healthcare organizations use AI to extract data from their call centers.
and, Chain reactionPatrick Kaminski, L’Oréal’s Director of Digital Innovation for Web3 and Metaverse, and Manon Cardiel, L’Oréal’s Head of Strategic Planning and Partnerships within Web3 and Metaverse, discuss their experiences in the burgeoning blockchain space. I was.
Tech Crunch+
TC+ subscribers have access to detailed commentary, analysis and surveys. If you’re already a subscriber, you know these things. If not, Please consider registering. Here are some highlights from the week.
American companies bet on AI: Hype or not, tech companies are seduced by the potential of AI, and companies both large and small are betting big on efforts to somehow leverage AI to drive growth to new heights. increase. Alex and I will investigate.
Smaller VCs impact diversity. Smaller funds, especially those with less than $50 million in assets under management, are helping to bring a new wave of diversity within venture capital. As Dominic writes, modern investors come from historically overlooked or marginalized communities, who set up funds and then invest back in them.
