Happy Friday! I’m Christine Hall, and I’ll be running the show today while Haje enjoys some downtime on the East Coast. We’ve got a packed day of news for you, with Twitter dominating the headlines.
The TechCrunch Top 3
Flying the Public Coop
With Elon Musk now at the helm of Twitter, it’s only a matter of time before the platform is delisted from the public market. Ivan writes that Twitter will be removed from the stock exchange on November 8, coinciding with the U.S. midterm elections.
Caging the Bird
In a bizarre turn of events, Musk found himself at odds with European Union officials just hours after acquiring Twitter. Natasha reports that EU officials corrected Musk’s tweet about the platform’s newfound freedom.
Big Tweet Chief
Ivan writes that Musk will take on the role of CEO for Twitter, following the departure of four top executives. Amanda reported earlier that Musk had ousted the executives in a move to consolidate power.
Startups and VC
Unfortunately, it’s been a tough week for startups, with several high-profile exits and layoffs. Here are some of the biggest stories:
- Meta shares took a hit after releasing disappointing third-quarter earnings.
- Apple’s earnings fell short, despite iPhone revenues up.
- Amazon saw its Q3 income dip, citing economic pressures.
We’ll dive deeper into these stories later in the day. In the meantime, here are some other notable startups that made headlines:
- AWS reports a slowdown in cloud infrastructure market growth.
- Twilio was hacked once again, with the number of affected customers growing.
- Xiaomi quietly wound down its payment and lending app in India.
Topics
Daily Crunch, Startups, Venture capital
Stay tuned for more updates throughout the day. We’ll be covering the latest news from the world of tech, including AI, space exploration, and more.
Most Popular Stories
Here are some of our most popular stories today:
- SpaceX catches Starship booster a second time, loses ship to an ‘anomaly’ in space
- Mark Cuban is ready to fund a TikTok alternative built on Bluesky’s AT Protocol
- In AI copyright case, Zuckerberg turns to YouTube for his defense
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