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TikTok faces a ban in the US, Tesla profits drop and healthcare data leaks | TechCrunch

TikTok faces a ban in the US, Tesla profits drop and healthcare data leaks | TechCrunch

Welcome, folks, to Week in Review (WiR), TechCrunch's regular newsletter covering the week's notable events in tech.

of TikTok America's fortunes seem uncertain. After President Joe Biden signed a bill that included a nine-month deadline for TikTok parent company ByteDance to divest itself of TikTok or face a ban on distributing it in the U.S., the House writes How Impact of TikTok Ban in Other Countries Stateside may hint at what's to come.

Meanwhile, the fallout from the Change healthcare hack continues. Change, a subsidiary of health insurance company UnitedHealth, Confirmed This week that a ransomware attack that targeted it earlier this year resulted in the massive theft of Americans' private health information, potentially covering a “substantial proportion” of Americans.

And Tesla's profit plunged 55 percent as the EV company faces growing pressure from hybrid automakers. Centered around the automaker's development plan The Mysterious Affordable EV It's scheduled to start next year — and maybe A robotics. But oh Recall on the cyber truck. A bad accelerator pedal certainly won't help in the interim.

A lot more happened. We recap it all in this edition of WiR – but first, a reminder Sign up To receive the WiR newsletter in your inbox every Saturday.

News

Amazon Grocery Plan: Amazon has launched a new unlimited grocery delivery subscription in the US, a plan that costs $9.99 a month for Amazon Prime customers for grocery orders over $35 at Amazon Fresh, Whole Foods Market and other local grocery retailers. Comes with free delivery.

California Drone Ground: In more Amazon news, the tech giant has confirmed it is winding down Prime Air drone delivery operations in Lockford, California. The Central California city of 3,500 was the company's second U.S. drone delivery site after College Station, Texas. Amazon did not offer any details about the setback.

Fisker planned the layoff: Fisker says he is planning more layoffs less than two months later. Cutting 15 percent of its workforceAs EV startups struggle to raise cash to survive. Fisker expects to seek bankruptcy protection within the next 30 days if it can't come up with the money.

Belt Extension: Among several other announcements at its session conference in San Francisco, Stripe said it would de-coupling payments from the rest of its financial services stack. Given that Stripe previously required businesses to become paying customers to use any of its other products, this is a big change.

Analysis

Rabbit's hand: Brian writes about R1, the first gizmo from AI startup R1. The $199 price point, touchscreen and funky aesthetics from storied design firm Teenage Engineering make the R1 much more accessible than it seems. The human eyehe concludes.

Lab-grown diamonds: Pascal, an Andreessen Horowitz-backed startup, claims it can make high-end jewelry accessible by using lab-grown diamonds chemically and physically similar to natural diamonds but at a twentieth of the cost. is part.

AI Poetry: An experiment called Poetry Camera — a real, physical camera — combines open-source technology with playful design and artistic vision. Rather than simply capturing images, the Poetry Camera arranges thought-provoking, AI-generated scenes based on the visuals it encounters.

Deep Dive: Connie interviews Parker Conrad, CEO of workforce management startup Rippling, about the company's new $200 million funding round, the new San Francisco lease (the second largest to be signed in the city this year) and more. .

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