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In this edition of WiR , we wrap up a hacker leak 1000000 of 23andMe customer records , X ’s crackdown on porn , Meta ’s Ray - Ban sunglasses and Marc Andreessen ’s tone - deaf manifesto . Also on the agenda is the IRS ’ upcoming gratis direct tax filing service , Web Summit ’s engagement with Israel supporters , FTX White House blowing through billion of dollar and Disney ’s Hotstar reaching unexampled heights .
It ’s a lot to get through , so let ’s not dillydally . But first , a monitor tosign up hereto receive WiR in your inbox every Saturday if you have n’t already done so .
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hacker leak out more 23andMe records : The samehackerwho leak out a trove of user datum stolen from the hereditary examination company 23andMe two weeks ago has now publish millions of new record on the dark web , Lorenzo reports . A 23andMe spokesperson severalize TechCrunch that the company was made aware of the novel escape this hebdomad and is “ reviewing the data to make up one’s mind if it is legitimate . ”
Meta ’s new smart glasses : Brian review Meta ’s new Ray - Ban sunglasses , which maintain a slim and short design while rendering their predecessor obsolete with Facebook and Instagram livestreaming . The finding of fact ? One can see the hereafter of headway - worn computing in the $ 299 dark glasses , Brian write , which frisk a mic and practical assistant in addition to livestreaming features — but it ’s go to be a while before we get there .
X fracture down on porn : When cristal , formerly Twitter , launched pay subscription verification , some sex workers hoped that it would help them advertise to Modern clients . But paying for the serve did n’t protect them from X ’s crackdown on explicit cognitive content , which has hail as a particularly hard reverse for sex proletarian on X — who have few option to promote themselves elsewhere — as the social web ’s trafficreportedlydeclines , Morgan writes .
Andreessen lose the pointedness : Venture capitalist Marc Andreessen station a manifesto on the a16z web site this workweek , forebode for “ techno - optimism ” in a frenzied , 5,000 - word web log berth that somehow manage to re - invent Reaganomics , propose the colonization of outer space and unironically answer a question with the phrase “ QED . ” In this post , TechCrunch issued a rebuttal of sort to the more tone - deaf points .
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Free , gov - buy at taxation filing comes to the U.S.:The IRS will test a barren revenue enhancement filing serve in 2024 for a subset of lucky taxpayers in as many as 13 states , the bureau announced originally this week . Direct File , as the service is called , is a shot across the bows of TurboTax , H&R Block and other pay off tax prep services , whose owners have resist free and simple tax filing for decades .
FTX founder burned through billions : Sam Bankman - Fried and other FTX executives spent $ 8 billion worth of customer fund on veridical estate , speculation capital letter investing , campaign donations , endorsement deals and even a summercater stadium , according to testimonial from former senior FTX executive director Nishad Singh . Singh ’s testimony , which kicked off the third week of Bankman - Fried ’s visitation , provides fresh details of exactly where that money went .
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poor a podcast for the morning commute ? Look no further than TechCrunch ’s batting order , which has plenty on rap from which to prefer .
OnEquity , Gené Teare from Crunchbase and Crunchbase News joined to discuss what we should remember about the Q3 2023 venture capital market as a whole and which startup are seeing the most — and the least — capital letter . Teare is a well - known analyst of the global venture capital market and was instrumental to Crunchbase ’s early life and remains one of its more tenured staff member .
Foundfeatured a conversation with Hilary Mason from Hidden Door , an AI - drive story game locomotive . This mini - sequence , which was record in someone at TechCrunch Disrupt , demystify how reproductive AI is changing online gaming , the process of building a squad of creatives and what fundraising is like in the gaming space .
AndChain Reactionhosted Katherine Dowling , the general counselling and chief compliance officer at Bitwise Asset Management , a crypto asset coach known for creating the world ’s largest crypto indicant fund . Katherine previously worked in conformity at True Capital Management and Luminate Capital Partners and , before that , as the adjunct U.S. lawyer .
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Is now the clip to raise again?:Rebecca writes about how some former - stage founders are optimistic about raising VC uppercase again — but not all of them , drawing on data point from a January Ventures sketch of pre - seed and seed - microscope stage founders .
A fair damage for Loom : Last week , when Atlassian announced its intention to adopt video electronic messaging appLoom for $ 975 million , it would have been sluttish to think that the former unicorn was underestimate . But compare 2021 valuations to the world of 2023 really is n’t a middling way of looking at the late deal , Alex and Ron write .
Plaid inches toward an initial public offering : newsworthiness that startup Plaidhired a CFOhas kicked off a cycle of “ When will it go public ? ” chatter . The response is not soon , something that we can extrapolate from the fact that it only just hired a CFO . Still , employ C - cortege fiscal gift is a known step on the well - trod path from private startup to public company , describe Alex .
