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Startups Weekly Newsletter
Editor’s Note
This week’s newsletter covers various topics in the tech industry, including electric vehicles (EVs), short-term rental provider Frontdesk, and X (formerly Twitter) owned by Elon Musk.
Top Stories
- Well, it’s your own damn fault we got hacked: 23andMe has been criticized for downplaying the seriousness of its data security issues.
- MrBeast’s stunts have evolved into a new kind of American Dream: Contestants participate in extreme challenges on YouTube to pay off debts.
- Frontdesk is on the brink of collapse: The short-term rental provider laid off its entire 200-person workforce due to failed fundraising efforts and business model challenges.
- X’s valuation cut by 71.5%: Fidelity reduced its valuation of X holdings, reflecting ongoing difficulties for the company.
Other News
- Fidelity drastically reduces valuation of X holdings: The parent company of X (formerly Twitter) owned by Elon Musk faces ongoing challenges.
- 23andMe’s data security issues criticized: The company has been accused of downplaying the seriousness of its data security issues.
- MrBeast’s stunts on YouTube: Contestants participate in extreme challenges to pay off debts, raising questions about the ethics of these stunts.
- Frontdesk’s struggles: The short-term rental provider faces challenges with its business model and fundraising efforts.
Related Topics
- EVs: Electric vehicles are a growing trend in the tech industry.
- Startups: Startups are a core part of TechCrunch’s coverage, and this week’s newsletter highlights various startup-related stories.
- X (formerly Twitter): The company faces ongoing challenges under Elon Musk’s ownership.
Recommended Stories
- "The best gifts to avoid": An article warns against gifting tech presents with security and privacy pitfalls.
- "How to delete Facebook, Instagram, and Threads": A guide for users who want to remove their accounts from these platforms.
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