After Musk’s Buy Is Completed, NYSE Will Remove Twitter Stocks on Election Day • TechCrunch


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Happy Friday! haje enjoying some downtime on the East Coast, so I’m running solo. As you can see from Elon Musk’s not-so-surprising decision last night and the slew of Twitter stories from our fabulous consumer tech team today, it’s all been Twitter, all day. We promise to give you some, of course, and some of what we’ve been working on. Let’s dive in, okay? — Christina

TechCrunch’s top 3

  • Rob the public co-op: Now that Elon Musk owns Twitter, its days are numbered as a public company. In reality, Ivan written, Twitter will be delisted on November 8 – Election Day for the US midterm elections.
  • Cage the bird: In Europe, where just hours after actually owning Twitter, Musk once found himself on the wrong side of European Union officials, who corrected him after he tweeted how he thought Twitter was now free. Natasha L see you.
  • Head of Big Tweets: Reports now say Musk will take on CEO role for himself, Ivan written, after ousted Twitter’s four top executivesas reported by Amanda.

For more Bluebird information, head over to the Big Tech Inc. section, where we’ve got you covered.

Startups and VCs

Unfortunately, the hits keep pouring in for 54gene, an African genomics startup focused on providing more African genetic material for pharmaceutical research – there are only 3% left now, Tags reports. After a few months of layoffs and a departure of the CEO, the company confirmed that it had not only carried out another round of layoffs – this time of 100 people – but that it had also reduced its valuation by more than 100 million. dollars.

And we have three more for you:

  • Robot Riot: Galen Robotics has a new robot that will help with ear, nose and throat surgeries. Oh, and he got $15 million in new funding, Andrew reports.
  • Follow the yellow brick road: Game studio Hidden Door uses narrative AI to transform fiction into immersive role-playing experiences, and Rebecca writes that he is testing “The Wizard of Oz”.
  • Does anyone else use this word?: I was delighted to see that there is a company called Skidattl. The company uses augmented reality to show users what people are doing around them, in what Rebecca written is “like a Bat-Signal for fun”.

5 Ways Biotech Startups Can Mitigate Risk to Grow Sustainably Over the Long Term

Multicolored chains tied together;  5 ways to manage risk

Picture credits: jayk7 (Opens in a new window) /Getty Pictures

Thanks to R&D and clinical trials, life science startups have long lead times before they can bring their capital-intensive products to market.

“But, asks Omar Khalil, partner at Santé Ventures, what happens when funding suddenly dries up?

In a guest post for TC+, he shares five strategies for biotech startups trying to stay warm through the coming winter.

“It is still too early to tell if this is a short-term correction or if this is a new normal that will be maintained for the foreseeable future.”

Three others from the TC+ team:

Tech Crunch+ is our membership program that helps founders and startup teams get a head start. You can register here. Use code “DC” to get 15% off an annual subscription!

Big Tech inc.

As promised, we have even more news on Twitter for your viewing pleasure. As I write this, several of my colleagues have jumped on Twitter Spaces to talk about all this. One of the latest news from taylor was that Elon Musk formed a content moderation “council” to make certain decisions – for example, on account reinstatements for, cough, Donald Trump. Here are two more:

Check out other revenue reports:

And we have four more for you:



Tech

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