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Canoo reveals it paid for CEO’s jet, AT&T leaks records and X announces NSFW plans

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Two Canoo EVs drive on a road in Bentonville, Arkansas.
Image Credits: Canoo

Heya, folks, welcome to Week in Review (WiR), TechCrunch’s newsletter recapping the noteworthy happenings in tech over the past several days (and change).

Famed startup accelerator Y Combinator had its Demo Days, and the venture desk took it all in with an appropriately skeptical eye. You can read their day one and day two coverage, along with an AI roundup from yours truly and analysis pieces from the rest of the dogged edit team.

But the world didn’t stop turning for YC. Also this week, Microsoft and Quantinuum, a quantum computing startup, made a scientific breakthrough — or so they claim. The companies say that they were able to run thousands of experiments on a quantum computer without a single error, a feat that’s long eluded the industry.

Elsewhere, Apple could be getting into home robots. Reportedly, the company — fresh off its decision to cancel its long-in-the-works autonomous EV — has put Apple Home and AI execs on some form of robotics project for households, although many of the details have yet to be finalized.

Lots else happened. We recap it all in this edition of WiR — but first, a reminder to sign up to receive the WiR newsletter in your inbox every Saturday.

News

Canoo paid for its CEO’s jet: Kirsten reports that EV startup Canoo paid the rent for the CEO’s private jet — $1.7 million— in 2023. That’s double the amount of revenue the company generated that year.

AT&T leak: Phone giant AT&T has reset millions of account passcodes after a huge cache of data containing customer records was dumped online earlier this month, Zack reports.

No ChatGPT account required: OpenAI is making its flagship conversational AI, ChatGPT, accessible to everyone — even people who haven’t bothered making an account. But it won’t be quite the same experience. Devin has the story.

Microsoft unbundles: Microsoft has introduced new versions of its Microsoft 365 and Office 365 subscription services that exclude Teams, its business collaboration chat offering, following scrutiny from European Union regulators and complaints from rival Slack.

Funding

Ghost ghosts: Ghost Autonomy, a startup working on autonomous driving software for automaker partners, has shut down after raising nearly $220 million.

Analysis

Alphabet and HubSpot: Reuters reported on Thursday that Google’s parent company, Alphabet, is exploring the possibility of buying Boston-based HubSpot, a CRM and marketing automation company with a market cap of over $33 billion. Ron explains why that’d make for strange bedfellows.

Podcasts

This week on Equity, Alex chatted about BlaBlaCar’s new credit facility (and how it managed to land it), and he discusses how PipeDreams could be onto a clever model of startup construction, GoStudent’s rebound and profitability, Hailo’s chip business and the two new brands that GGV calls home as it divvies up its operations on opposite sides of the Pacific.

And over on FoundNick Green, the co-founder and CEO of Thrive Market, was the featured guest. Thrive is a membership-based online grocery store that focuses on natural and organic food and household products. Green spoke about how Thrive isn’t just focused on offering healthy options, but also wants to ensure that everyone has access to them — including those with SNAP and EBT benefits. 

Bonus round

NSFW on X: The social media company has confirmed that authorized users on the platform can create NSFW communities, ahead of a change that’ll see all NSFW content on X filtered by default.

More TechCrunch

Spotify is launching daylist globally. It’s a personalized playlist that evolves throughout the day depending on your listening habits. This rollout comes after the company introduced it first to English-speaking…

Spotify launches its evolving playlist, daylist, globally

Digital lending platforms have become an easy and swift alternative source of credit for microenterprises and individuals overlooked by traditional banking institutions. These platforms have turned into a lifeline for…

Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in $30M Series B round

Indian online pharmacy startup PharmEasy, once valued at $5.6 billion, is still about 92% below its peak valuation, according to new estimates by its investor Janus Henderson. According to the…

PharmEasy still 92% below its peak $5.6 billion valuation, investor estimates

Palm launched in 2023 with the goal of making cash management for enterprise treasury teams easier.

From their experiences at Uber and PayPal, Palm founders want to make moving cash easier for big companies

Canva, the design platform, is increasing prices steeply for some customers. And it’s blaming the move in part on generative AI. In the U.S., some Canva Teams subscribers on older…

Canva has increased prices for its Teams product

Featured Article

Apple Event 2024: iPhone 16, Apple Intelligence and all the other expected ‘Glowtime’ reveals

Apple’s Glowtime iPhone event will include the iPhone 16, but may also feature new AirPods, a new Apple Watch and possibly even new Macs.

Apple Event 2024: iPhone 16, Apple Intelligence and all the other expected ‘Glowtime’ reveals

Snap is testing a “simplified version of Snapchat,” CEO Evan Spiegel wrote in a letter to employees published on Snap’s website Tuesday. The CEO says the simplified version aims to…

Snap CEO says the company is testing a ‘simplified’  Snapchat

Prevention is better than cure, as the saying goes. Today, a splashy startup that has taken that concept to heart — literally and figuratively — is expanding. Neko Health was…

Neko Health, the body-scanning AI health startup from Spotify’s Daniel Ek, opens in London

The Federal Trade Commission (FTC) published a report about increasing fraud at Bitcoin ATMs. These ATMs allow people to turn their cash into crypto, but they’ve become a tool for…

Bitcoin ATMs are a hotbed for scams, FTC says

Volkswagen is taking its ChatGPT voice assistant experiment on the road. Or more specifically, to vehicles it sells in the United States.  The German automaker announced in January at CES…

Volkswagen is rolling out its ChatGPT assistant to the US

From idea to IPO, Disrupt charts startups at every stage on the roadmap to their next breakthrough. TechCrunch will gather some of the startup world’s leading companies — but our…

Learn startup best practices with MongoDB, Venture Backed, InterSystems and others at Disrupt 2024

Android introduced five updates on Tuesday as part of its latest release of the mobile operating system. Available for smartphones, tablets and Wear OS watches, the new features include audio…

Android’s latest update improves text-to-speech, Circle to Search, earthquake alerts and more

Google announced on Tuesday it’s releasing Android 15 and making its source code available ahead of the coming consumer launch, which will bring the new mobile operating system to supported…

Android 15 will be available on supported Pixel devices in the coming weeks

As new users downloaded the app, Bluesky jumped to becoming the app to No. 1 in Brazil over the weekend, ahead of Meta’s X competitor, Instagram Threads.

Bluesky continues to soar, adding 2M more new users in a matter of days

Welcome to TechCrunch Fintech! This week, we’re looking at a new real estate startup that’s making big waves with its offering, Klarna and Affirm’s financials, a neobank focused on immigrants…

The flat-rate real estate startup that’s got big players worried and BNPL’s turning a corner

Instagram’s latest feature aims to boost user interaction within Stories. The social media platform now allows followers to comment on each other’s Stories, making the experience more community-focused, akin to…

As more Instagram users engage with Stories, the app adds a comments feature

Curious about how top venture capitalists are positioning themselves for the next wave in the crypto market?  Dragonfly Capital’s Haseeb Qureshi, Galaxy Ventures’ Will Nuelle, and NFX’s Morgan Beller will…

Dragonfly Capital, Galaxy Ventures and NFX share insights on crypto scaling and strategy at TechCrunch Disrupt 2024

Get ready for TechCrunch Disrupt 2024, our signature event for startups of all stages, happening at Moscone West in San Francisco from October 28-30. This year, we’re expecting a massive…

Announcing the final agenda for the Builders Stage at TechCrunch Disrupt 2024

Spotter, the startup that provides financial solutions to content creators, announced Tuesday the launch of its new AI-powered creative suite. Dubbed Spotter Studio, the solution aims to support YouTubers throughout the…

Spotter launches AI tools to help YouTubers brainstorm video ideas, thumbnails and more

This second fund is significant because Gupta expanded it beyond a corporate fund with one main LP — Prudential Financial — into one supported by a number of financial and…

Former Citi, Battery VC has new $378M fund to back financial services and enterprise startups

The oil and fracking giant says it is “working to identify effects” of the ongoing cyberattack on its oil and fracking operations.

Halliburton confirms data was stolen in ongoing cyberattack

Is Elon’s rumble in the Amazonian jungle on course for a technical knockout? Over the weekend, the Brazilian high court voted to uphold a ban on X that another judge issued…

Elon Musk’s Brazil battle wages on

Flexible green methanol, which is made without fossil fuels, could rid carbon pollution from a range of industries.

Oxylus Energy strikes ‘beautiful balance’ to make e-fuels for aviation and shipping

French billionaire Xavier Niel is joining the board of directors of TikTok’s parent, ByteDance, the company told the South China Morning Post. It’s an interesting move as Niel isn’t a…

Xavier Niel replaces Coatue’s Laffont on board of TikTok parent ByteDance

The Netherlands’ data protection authority has imposed a penalty of €30.5M on Clearview AI for GDPR violations.

Clearview AI hit with its largest GDPR fine yet as Dutch regulator considers holding execs personally liable

X, the social network owned by Elon Musk, is finally rolling out one of the most sought-after features for direct messages: the ability to edit your message. Over the weekend,…

X now lets you edit DMs — here is how to use the feature

The Dubai-based startup, which now counts 50,000 retail and business customers in the UAE, has netted $22 million led by Altos Ventures.

Ziina banks $22M as growth explodes for the UAE-based fintech for small businesses

Fleet is launching several software services on top of its hardware-as-a-service proposition, from device management to cybersecurity and insurance.

Laptop-leasing startup Fleet wants to become the IT companion for small companies

The potential of Cercli’s payroll platform has attracted investor interest, leading to $4 million in seed funding.

Payroll startup Cercli inks $4M to build the ‘Rippling for the Middle East and North Africa’

Hospitals around the world regularly face bed shortages — an issue that can get exacerbated to breaking point when a health scare or other large-scale disaster occurs. A startup called…

‘Hospital at home’ startup Doccla raises $46 million for its European expansion