Twilio will get hacked, teenagers ditch Fb, and SpaceX takes South Korea to the moon – TechCrunch
Hello once more! Welcome again to Week in Review, the publication the place we shortly recap the highest tales from TechCrunch dot-com this week. Need it in your inbox each Saturday? Sign up here.
Is Fb for previous folks? Should you’ve acquired a young person round the home, you’ve in all probability heard them say as a lot. The most learn story this week is on a Pew study that implies this era of teenagers has largely deserted the platform in favor of Instagram/YouTube/TikTok/and many others.; whereas in 2014 round 71% of teenagers used Fb, the examine says in 2022 that quantity has dropped right down to 32%.
Mark Cuban sued over crypto platform promotion: “A bunch of Voyager Digital clients filed a class-action swimsuit in Florida federal courtroom in opposition to 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 buyers shedding $5 billion collectively.”
A troubling layoff trend: Whereas tech layoffs may, perhaps, hopefully be exhibiting indicators of slowing, Natasha M factors out a troubling development: some firms are asserting 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 gets hacked: Whereas it’s unclear precisely what information was taken, Twilio says the information of at the very least 125 clients was accessed after a few of its workers had been tricked “into handing over their company login credentials” by an intense SMS phishing assault.
Amazon’s bizarre new show: Suppose “America’s Funniest Residence Movies,” however made up of user-submitted footage from Ring safety cameras. By now most individuals in all probability notice their each step is recorded on a safety digital camera or three — however doesn’t embracing it as Leisure™ like this really feel form of…icky?
Haus hits hard times: Haus, an organization that ships specialised low-alcohol drinks direct to customers, is searching for a purchaser after a significant investor backed out of its Sequence A. The problem? Investor diligence for an alcohol firm can take months, and Haus simply doesn’t “have the money to help continued operations right now.”
How clear is the air you breathe day-after-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 Found podcast to elucidate her mission. In the meantime on Chain Reaction, Jacquelyn and Anita clarify the U.S. gov’s crackdown of the cryptocurrency mixer Twister Money, and the Equity 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? Lots of actually great things! Right here’s what TechCrunch+ subscribers had been studying most this week…
Building an MVP when you can’t code: Bought an incredible concept however can’t code? You’ll be able to nonetheless get the ball rolling. Magnus Grimeland, founding father of the early-stage VC agency Antler, lays out a number of the key ideas to bear in mind.
Are SaaS valuations staging a recovery?: “…the excellent news for software program startup founders,” writes Alex, “is that the interval when the deck was being more and more stacked in opposition to them could now be behind us.”
VCs and AI-powered investment tools: Do VCs need AI-powered instruments to assist them determine the place to place their cash? Kyle Wiggers takes a have a look at the idea, and why not all VCs are on board with it.