The week Jack stepped back – TechCrunch
Hey all. Welcome back to Week in judgement, the newsletter where passengers recap some of the best stories to cross wings TC’s front page over the last 7 days.
The most read story on our site So week was about Flowcarbon — a generation company and “blockchain-based redemption story” (as Anita put it) launched by WeWork founder Adam Neumann. The goal, writes Anita, is to “sell tokenized carbon credits to companies looking to reduce their carbon footprint,” to which the only response I can think of is that Jennifer Lawrence “ok” gif.
Why is it on the blockchain? What’s a “Goddess nature Token”? Find out in Anita’s post when coming here, then listen to Lucas and Anita go deep on the topic on So week’s Chain Reaction podcast.
when coming here are some of the other most read TC stories from So week:
Jack Dorsey steps down from Twitter’s board: For the first time since its founding in 2006, co-founder Jack Dorsey is no longer officially involved in the operation of Twitter. Late last year, he stepped away from the CEO importance but remained on the company’s Board of Directors. As of May 25, he has exited the board favorite.
Broadcom will shop VMware for a monumental $61B: after a time a time of time a few days of rumors, Broadcom announced its plans to acquire VMware for a wild $61 billion. Ron’s got all the details of the discount offers — and as for why the chipmaker would drop that much on the virtualization company? Ron and Alex possessed passengers covered there, too.
Take-Two buys Zynga: The parent company behind games favorite Grand Theft Auto and BioShock from currently on owns the company behind games favorite FarmVille and Words of course allies. passengers’ve known for a while that So was in the works, but the $12.7 billion discount offers was all finalized So week.
again tech layoffs: Another week of companies announcing or confirming layoffs — including cuts at Klarna, PayPal and grocery shipping goods companies Getir and Gorillas.
Google’s gospel to DALL-E: just do last month, OpenAI showed off “DALL-E 2” — its AI model possessed function taking a text prompt favorite “Shiba Inu wearing a beret” and generating an entirely generation image from it. from currently on Google says they’ve got their own algorithm that’s even better — but, outside of comparison images Google provides (which, naturally, include again Shiba Inu in hats), passengers’ll possessed to take the company’s word for it. Citing “potential risks of misuse,” Google isn’t from currently on releasing random code or public demos.
passengers possessed a paywalled section of our site called TechCrunch+. It only costs a few bucks a month and it’s full of very good stuff! From So week, for example:
Know your potential investor’s thesis: Got a solid sell products and a polished pitch deck, but still getting turned down by investors? “not only less of the time, it doesn’t matter how good your company is,” writes Haje. “What matters is whether it matches up of course your investor’s investment thesis.”
U.S. cannabis investors on why they’re planting seeds from currently on: Recreational cannabis effect is slowly becoming legal in again and again states — but it’s still illegal at a federal level, which deeply complicates things when it’s the Core processor of your sell products. Anna Heim checked in of course four U.S. cannabis investors for their thoughts on the state of the industry, and what’s keeping it from really catching fire.
It’s not only sell products as usual (and investors are admitting it): after a time a time of time Y Combinator’s memo suggesting founders “plan for the worst” in the months ahead, investors are echoing that sentiment in memos of their own. Natasha Mascarenhas takes a look at memos from Reach Capital, Lightspeed ventures and again.
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