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Amid the corporate tug-of-war over remote working, CEOs like Andy Jassy and Elon Musk are old-school gym teachers, insisting that everyone get back on the field, despite conditions in the stands. . They think remote working is akin to slacking off, but research and employee sentiment suggest otherwise, and an emphasis on flexibility might just be the secret to increased productivity and satisfaction.

Meanwhile, the rest of us are watching it all unfold like a tennis match, wondering whether these executives will match their strategies with the reality of modern work preferences. Ron has been working from home as a writer for almost as long as I have been alive. No wonder we call him Dad Ron (honestly, we don’t call him that, even though it would be hilarious). Regardless, Ron doesn’t think working from home is going away, and I can’t say I disagree—even though I’m writing this from my local pizza place. Work from home. Work at a pizza place. Anyway, as long as it’s not an office, Amit?

The most interesting startup stories of the week

Very check. Security is high. Image Source: inspector

Mahbod Moghadam, whose career was a roller-coaster ride from legal eagle to rap lyric annotator to blockchain enthusiast, died in March at the age of 41. His legacy is as colorful and controversial as a graffiti-covered back alley. Known for his edgy antics and creative projects like Genius and Wikipedia-but-on-blockchain Everipedia, Moghadam is a maverick trying to shake up the digital content payments space with ventures like HellaDoge, even as In his final act, remains a thorn in the side. A side of the institution he helped create. As tributes continue to pour in, the tech world reflects on a figure who was both a pioneer and a provocateur, proving that in the world of startups, being memorable can sometimes be more impactful than being invulnerable.

  • Send employees to the backend: Once the darling of Silicon Valley background checks, Checkr’s decision to reduce its headcount by 382 employees proves that even a $5 billion valuation can’t protect you from the harsh reality of a hiring freeze.
  • Is fintech losing ground? : As Y Combinator Demo Day comes to an end, it’s clear that fintech’s once-massive share of startups is shrinking, shrinking from a 24% share to just 8% in just two years. Maybe this is just AI eating its proverbial lunch.
  • it’s not a big deal: Aerospike, a NoSQL darling that started out as a humble ad-tech key-value store, has just secured a massive $109 million in funding and continues to flex its muscles in the big data sandbox. With an eye on the AI ​​awards, Aerospike is fleshing out its database with all the popular features including graphics and vector capabilities.
  • Web3 means…beautiful? : Kiki World is making your bathroom the next blockchain battleground and deciding what the beauty industry really needs is more votes and digital tokens. So that’s…a thing.
  • Say hello to the newest near-horned beast: The Airbnb of software platforms (or Airbnb’s software platform), Guesty, just raised $130 million to keep its vacation rental management team afloat. Even in a post-pandemic world, investors won’t be able to resist the lure of massive bookings. With a valuation approaching $1 billion, it’s clear that while you’re busy canceling travel plans, Guesty is plotting to take over the world one short-term rental at a time.

mole transport

Side view of silver Faraday Future FF91

Image Source: faraday future

Look, I’m trying to balance everything on Startup Weekly. It’s not my fault that the transport team has been overworked. Read all of their stuff and, well, it’s all good.

Elon Musk refuted suggestions that Tesla was abandoning cheap electric cars in favor of robotaxis, only to instead hype an upcoming robotaxi in a less-than-stellar shift. People are surprised, and it is more “Musk-like”. Robot taxi revealed (Even if Tesla abandons its entry-level priced cars).critic Replied He’s been promising this since 2016, but Full Self-Driving (FSD) remains a thorn in Tesla’s side.

Here are some highlights from the past week:

  • Tesla sale: Tesla is slashing prices on its Model Y SUVs like they were last season’s fad in a desperate attempt to clear an inventory pile-up that has become as much of a traffic jam as a nuisance. Tesla’s price cuts of as much as $7,000 underscore its efforts to balance production with actual sales.
  • Apple is far from the car: After Apple ended its electric car project, it reportedly laid off 600 employees who worked on the project. I’d pay a lot of money to see a prototype…
  • A cautious proposition: Faraday Future is in trouble and is now facing whistleblower accusations that it inflated already meager sales figures. Against a backdrop of furloughs, near-deportations and federal investigations, the company’s drama seems more suited to a soap opera than Silicon Valley. Pass the popcorn, I guess?

Other TechCrunch stories you can’t miss…

mechanical keyboard

Click click click. Image Source: Frederic Radinos/TechCrunch

Every week, I always want to share a few stories with you that don’t fall into the above categories. It would be a shame if you missed it, so here are some random goodies for you:

  • Zero-day price surge: Crowdfense plays the role of a modern-day arms dealer, providing millions of dollars for hacks that could expose secrets to iPhone and Android devices under the guise of aiding government surveillance. Zero-day exploits are the new gold rush, with prices soaring as tech giants fortify their fortresses.
  • It’s okay, you can have my SSN. Anyway I’m not using it: Greylock McKinnon Associates (GMA), a consulting firm no stranger to sensitive data, recently joined the “hacker club” and lost more than 341,650 Social Security numbers. While they’re busy providing litigation support, hackers are busy stealing data. Anyway, insert rant about how stupid SSN is.
  • A few things about the keyboard and magnets: Look, I’m as surprised as you are, but if my analysis software is anything to go by, people seem to be fascinated by Frederic’s work on magnetic keyboard switches. If you are a keyboard fan then we are really here to excite you.
  • Downplay the plot: Snapchat has decided to tweak rather than scrap its “Solar System” friendship ranking feature, which caused more teenage drama than a high school dance. It’s just another day at Snap, and the solution to tech-induced anxiety seems to be a toggle in the settings menu.
  • IM: TikTok’s upcoming Instagram rival, the app for sharing photos, may be named TikTok Notes, according to screenshots posted by users. TikTok also confirmed that the app is in development.

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