Hello once more! Welcome again to Week in Overview, the publication the place we rapidly recap the highest tales from TechCrunch dot-com this week. Need it in your inbox each Saturday? Enroll right here.
Is Fb for outdated folks? In case you’ve bought a youngster round the home, you’ve most likely heard them say as a lot. The most learn story this week is on a Pew examine that means this era of teenagers has largely deserted the platform in favor of Instagram/YouTube/TikTok/and so forth.; whereas in 2014 round 71% of teenagers used Fb, the examine says in 2022 that quantity has dropped all the way down to 32%.
Mark Cuban sued over crypto platform promotion: “A gaggle of Voyager Digital prospects filed a class-action swimsuit in Florida federal court docket towards Cuban, in addition to the basketball workforce he owns, the Dallas Mavericks,” writes Anita, “alleging their promotion of the crypto platform resulted in additional than 3.5 million traders dropping $5 billion collectively.”
A troubling layoff pattern: Whereas tech layoffs would possibly, perhaps, hopefully be displaying indicators of slowing, Natasha M factors out a troubling pattern: some firms are saying layoffs solely to announce one other spherical of layoffs simply weeks or months later.
SpaceX launches South Korea’s first moon mission: South Korea has launched its first-ever lunar mission — a lunar orbiter “launched atop a SpaceX Falcon 9 rocket” forward of plans to land on the floor a while in 2030.
Twilio will get hacked: Whereas it’s unclear precisely what information was taken, Twilio says the information of at the very least 125 prospects was accessed after a few of its staff had been tricked “into handing over their company login credentials” by an intense SMS phishing assault.
Amazon’s weird new present: Suppose “America’s Funniest Dwelling Movies,” however made up of user-submitted footage from Ring safety cameras. By now most individuals most likely understand their each step is recorded on a safety digital camera or three — however doesn’t embracing it as Leisure™ like this really feel type of…icky?
Haus hits laborious instances: Haus, an organization that ships specialised low-alcohol drinks direct to customers, is searching for a purchaser after a serious investor backed out of its Collection A. The problem? Investor diligence for an alcohol firm can take months, and Haus simply doesn’t “have the money to assist continued operations at the moment.”
How clear is the air you breathe each day? Aclima co-founder Davida Herzl needs everybody to have the ability to reply that query, and sat down with Jordan and Darrell on this week’s Discovered podcast to elucidate her mission. In the meantime on Chain Response, Jacquelyn and Anita clarify the U.S. gov’s crackdown of the cryptocurrency mixer Twister Money, and the Fairness crew spent Wednesday’s present discussing whether or not the turbulent market circumstances of late will imply we see fewer early-stage endeavors within the months forward.
What lies behind the paywall? A whole lot of actually great things! Right here’s what TechCrunch+ subscribers had been studying most this week…
Constructing an MVP when you possibly can’t code: Received a fantastic thought however can’t code? You possibly can nonetheless get the ball rolling. Magnus Grimeland, founding father of the early-stage VC agency Antler, lays out a few of the key ideas to remember.
Are SaaS valuations staging a restoration?: “…the excellent news for software program startup founders,” writes Alex, “is that the interval when the deck was being more and more stacked towards them could now be behind us.”
VCs and AI-powered funding instruments: Do VCs need AI-powered instruments to assist them determine the place to place their cash? Kyle Wiggers takes a take a look at the idea, and why not all VCs are on board with it.