Bird Watching

Experts say Musk’s open source vision could make Twitter vulnerable to attack – TechCrunch

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It’s April 26, 2022, and today all we talked about was some stomach-churning news — a case of irritable owl syndrome, if you will. No poultry game is suspected, although we got the impression that Musk is just stealing here.

We know, we know – all these puns are terrible, but what’s a poor pair of newsletter writers to do when they take our favorite social media site out of the stork exchange? – Christina and haje

TechCrunch’s top 3

  • Same Twitter time, same Twitter channel: Today we took a look at the implications of Elon Musk’s deal to buy Twitter, this time on the privacy front. Cybersecurity experts say Musk’s idea of ​​making Twitter’s technology open-source could make it more vulnerable to attack, though his ideas for tackling spambots could lead to better detection — and possibly a reduction in subscribers for many people who are wondering about this blank egghead following them.
  • The left lane makes a right turn when it comes to investments: It was the gift that keeps on giving to Left Lane CEO and managing partner Harley Miller, who closed the venture capital firm’s $1.4 billion fund on his birthday. The company is targeting “internet-enabled consumer technology with recurring business models,” which Miller said was white space among all other enterprise and SaaS investors. We wonder what his birthday present will be next year.
  • Teach a teenager money and you’ll raise a more financially conscious adult.: At least that’s the goal most parents have. Being a good steward of your money is something that even adults can struggle with, which is why we’ve seen so many financial apps focused on kids and teens attracting funds. The latest is Copper, which raised a $29 million Series A round, offering debit cards, ATM access and digital wallet support. Parents can participate alongside their child, adding funds and monitoring their spending. Copper even helps with the financial basics, like what compound interest is.

Po-tee-weet?

If you don’t give a damn about Twitter or Elon Musk… we’re so sorry, it must suck to be on the internet right now. Take a breath and go see real birds. You know, those who live outside.

Take out the binoculars; we do a lot of birding today, just so you have it all in one convenient place. In case you’ve been offline for the past month, we’ve prepared a handy timeline, which will give you some of the context.

We reported yesterday that Twitter accepted Elon Musk’s offer to buy Twitter, and then all hell broke loose. Twitter founder Jack Dorsey said Musk was the only solution he trusted, but as you read above, Carly isn’t so sure, saying it’s going to be a privacy nightmare. We discussed both the fact that Trump would not return to Twitter and the fact that it is hogwash; he will be back.

alexander took a punt on what’s next for Twitter with Elon taking charge of the birdhouse penthouse suite and encouraged Musk not to spoil it. Natasha wondered what the Twitter diaspora was going to do. Sarah was curious if all advertisers were going to nest on other platforms, and Amanda reported that Twitter is locking down the platform’s source code.

Startups and VCs

The hardware dweebs among us were having a great day today. The Corvette EV detail using excess heat from the battery to heat the cabin – much like ICE cars using excess heat from the engine to keep you nice and toasty while cruising – is such a cool detail (ha !). The obvious benefit of reusing waste heat instead of expending electrical energy to run heaters is extended range – very smart indeed. Also in the hardware world, Launcher demonstrated a 3D-printed rocket doing a large-scale burn, and the space-obsessed 15-year-old in us is very, very excited.

News off Twitter:

Klaviyo co-founder Ed Hallen’s 3 top tips for launching a startup

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

Most founders aren’t experienced entrepreneurs, which means they tend to make the same mistakes when trying to overcome universal challenges like fundraising and hiring.

According to Klaviyo co-founder and chief product officer, Ed Hallen, luck has contributed to the success of his marketing automation business.

“But it’s also clear that if we had known earlier, we wouldn’t have been lucky in those picks in the first place,” he says. “And for a founder, less luck means you will encounter less risk.”

In a TechCrunch+ guest post, he shared three fundamental tips for new founders. First lesson: Don’t try to change user behavior, instead look for a problem to solve.

“Rather than focusing on telling a story, we found a problem and tackled it because we knew that if we found enough people with the same problem, we could start a business.”

(TechCrunch+ is our membership program, which helps founders and startup teams grow. You can join here.)

Big Tech inc.

  • We talked a lot about cars yesterday, and while Ford tries to tease us with a second electric pickup truck, let’s head to the public markets to talk about Warner Bros. earnings announcements. Discovery and General Motors (yes, we realize it’s still cars). Warner Bros. Discovery had mixed reviews, with one star going to WarnerMedia, a unit it picked up earlier this month. AT&T has dealt this blow before. Five-star ratings were given to the Discovery and US Networks units, both of which saw an increase in revenue. As for General Motors, Jaclyn and Rebecca offered some predictions (EV to the rescue!) for what we might see when the results come out later today.
  • If you like an app on Apple’s App Store, you might want to check if it’s on this list. Apple is participating in one of its regular cleanups, and Sensor Tower predicts that some 3,000 apps will be removed from shelves.
  • Having a community is important, and Reddit has perhaps one of the biggest communities around. It is now putting the money behind it with a million dollar fund to help its users bring their ideas and events to life. And in other community news, YouTube is allowing users to tip thank yous to content creators.
  • No real surprise here, but TikTok was the most downloaded app in Q1 globally.
  • Roku users rejoice! The streaming provider has signed a multi-year deal with Lionsgate Films to freely stream some of the production company’s upcoming films for 2022 like “John Wick 4,” “Borderlands,” “The Expendables 4” and “Are You There God? is me, Margaret” (I haven’t read this book in 30 years, so it’s going to be a movie?).