{"id":77545,"date":"2025-05-17T18:05:56","date_gmt":"2025-05-17T18:05:56","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2025\/05\/17\/techcrunch-week-in-review-coinbase-gets-hacked\/"},"modified":"2025-05-17T18:07:08","modified_gmt":"2025-05-17T18:07:08","slug":"techcrunch-week-in-review-coinbase-gets-hacked","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2025\/05\/17\/techcrunch-week-in-review-coinbase-gets-hacked\/","title":{"rendered":"TechCrunch Week in Review: Coinbase gets hacked"},"content":{"rendered":"

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Welcome again to Week in Evaluate! We\u2019ve received tons of stories for you this week, together with a hack at Coinbase; YC thinks Google is a \u2018monopolist\u2019; layoffs at Microsoft; and rather more. Have an ideal weekend!<\/p>\n

Uh-oh:<\/strong> Coinbase says that clients\u2019 private data, together with government-issued IDs, was stolen in a data breach<\/a>. The hackers demanded $20 million from the corporate, CEO Brian Armstrong said in a post on X<\/a>. Coinbase mentioned it is not going to pay the hackers\u2019 ransom.<\/p>\n

IPO time, child: <\/strong>After submitting confidentially in December, Chime filed for an IPO this week. There are a ton of blanks within the S-1, so we didn\u2019t get a lot data, like what number of shares insiders plan to promote as a part of the IPO. But we did learn one tidbit<\/a>: Chime entered a take care of the Dallas Mavericks in 2018, which gained it the Chime brand on the workforce\u2019s jersey, amongst different advertising advantages.<\/p>\n

Knock on wooden:<\/strong> This story has been popping off all week \u2014 InventWood created wooden referred to as \u201cSuperwood\u201d that\u2019s as strong as steel<\/a>. In the end, InventWood is planning to make use of wooden chips to create structural beams of any dimension that received\u2019t want ending.<\/p>\n

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That is TechCrunch\u2019s Week in Evaluate, the place we recap the week\u2019s greatest information. Need this delivered as a e-newsletter to your inbox each Saturday? Sign up here<\/a>.<\/em><\/p>\n

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Information<\/h2>\n
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Picture Credit:<\/strong>Granola<\/span><\/figcaption><\/figure>\n

An enormous bowl of Granola: <\/strong>VCs and founders love speaking up the apps they\u2019re utilizing. The latest case: Granola, an AI note-taking app that\u2019s lately seen a lift in utilization, though it launched a yr in the past. And when there\u2019s utilization, cash follows. The corporate introduced it has raised $43 million<\/a> in a Sequence B funding spherical at a valuation of $250 million.\u00a0<\/p>\n

Selection phrases: <\/strong>\u201cGoogle has chilled impartial companies like YC from funding and accelerating progressive startups that might in any other case have challenged Google\u2019s dominance,\u201d YC wrote in an amicus brief it submitted<\/a> within the U.S.\u2019 antitrust case towards the search big. However YC isn\u2019t calling for an entire breakup of Google.<\/p>\n

Like to see it: <\/strong>Apple announced a bunch of accessibility features<\/a>, together with Accessibility Vitamin Labels that may inform customers of accessibility options inside apps and video games within the App Retailer; a brand new magnifier for Macs; a brand new Braille expertise; and extra.\u00a0<\/p>\n

Layoffs at Microsoft: <\/strong>The corporate is reportedly laying off 3% of its workforce<\/a>, or round 6,500 individuals, affecting all ranges, places, and groups. This follows a stable quarter for Microsoft, with $70.1 billion in income (up 13%) and web earnings income of $25.8 billion (up 28%). In Washington, round 40% of the two,000 individuals laid off were engineers<\/a>.\u00a0<\/p>\n

Gemini in your automobile:<\/strong> On the Android Present \u2014 Google\u2019s Android-only occasion every week forward of Google I\/O<\/a> \u2014 the corporate introduced that it\u2019s bringing Gemini to automobiles that help Android Auto. Drivers (and passengers) will be capable of ship texts, play music, and all the opposite issues a wise assistant does, however utilizing pure language.\u00a0<\/p>\n

LOL: <\/strong>What as soon as was referred to as HBO Go earlier than it modified its title to HBO Now, which later grew to become HBO Max, earlier than deciding on Max, introduced this week that it\u2019s once again changing its name back to HBO Max<\/a>.\u00a0\u00a0<\/p>\n

Simply name it a bus: <\/strong>Uber is introducing Route Share<\/a>, a commuter shuttle service that may decide up passengers at pre-set stops in 20-minute intervals. \u201cYou may see a pure extension of us with the ability to carry Route Share to autonomous autos as effectively,\u201d Sachin Kansal, Uber\u2019s chief product officer, informed us.<\/p>\n

Wait, what? <\/strong>The New York Instances spoke with two buyers who mentioned they had been pitched a brand new startup that goals to ship \u201chuman well being optimization\u201d using blood testing<\/a>. Sound acquainted? However wait until you hear who pitched the startup: Theranos founder Elizabeth Holmes\u2019 accomplice, Billy Evans. Possibly it\u2019ll work out higher this time?\u00a0<\/p>\n

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Picture Credit:<\/strong>Uber<\/span><\/figcaption><\/figure>\n

And talking of Uber: <\/strong>In 2022, senior reporter Rebecca Bellan wrote an article titled \u201cThe Amazonification of Uber<\/a>\u201d about how the corporate was turning into extra of a closed loop to maintain clients engaged. Now the company is taking it a step further<\/a>, introducing Uber One Member Days, every week of reductions designed to spice up its subscription program and increase its position past transportation.<\/p>\n<\/div>\n