Twilio to put off off 11% of firm’s workforce

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Oh heeeeeey. So excited to see you once more, glad to have you ever with us. It’s been a busy information day on the positioning, and we’re significantly excited to share our iPhone 14 review with y’all.

Oh, and do you know we’ve managed to persuade our advertising workforce to let you may have 15% off TechCrunch Disrupt tickets, only for being a Every day Crunch reader? Use this link, or pop “DC” into the promo code box whenever you purchase your passes to the most popular startup occasion of the summer season.

See you there!  — Christine and Haje

The TechCrunch Prime 3

  • Shedding event: Twilio introduced it was shedding 11% of its workforce. CEO Jeff Lawson mentioned the layoffs have been “smart and mandatory” for the corporate because it walked the trail to profitability. Kyle has extra.
  • Biting into the Apple iPhone 14: It’s uncommon that we get a Panzer story, so we have been delighted to see it achieve this effectively. Maybe you Every day Crunch followers have been additionally excited to see his title grace a narrative, or since you have been keen to listen to a assessment in regards to the iPhone 14. Don’t fear, if it’s the latter, we gained’t inform.
  • This “island” is not tropical: iPhone fanatics might have doubted the usefulness of “the notch” on the iPhone X, however Ivan writes that the brand new “Dynamic Island” characteristic for iPhone 14 is something however.

Startups and VC

One way or the other, ’twas the season for audio corporations elevating cash, as we’ve got a stereo pair of tales at this time: Romain stories that high-end speaker manufacturer Devialet raised $50 million, and Brian and Haje report that Nomono, maker of the $3,000 podcast mic array, raised $3.6 million.

Issues are available pairs within the transportation trade as effectively, it seems. Rebecca stories that TruckSmarter comes out of stealth with a free load board for truckers, and Kyle has a narrative that Nyshex loads $25 million into its bank account to match shippers with ocean carriers.

In non-sound and non-shipping startup information:

Pricey Sophie: Is there a approach to maintain working within the US after my J-1 visa expires?

lone figure at entrance to maze hedge that has an American flag at the center

Picture Credit: Bryce Durbin/TechCrunch

Pricey Sophie,

I’m a Fulbright scholar on a J-1 visa. I’ve been informed that after my J-1 ends, I’m required to return to my nation for 2 years.

Is there a manner I can keep within the U.S.? Can I apply for an O-1A or inexperienced card even when I’ve to return to my nation?

— Searching for to Keep

(TechCrunch+ is our membership program, which helps founders and startup groups get forward. You can sign up here. Use code “DC” for a 15% low cost on an annual subscription!)

Huge Tech Inc.

It was a busy information day for our huge tech corporations. We begin with some lights, digicam, motion…uh, motion from Haje, who writes on DJI’s new Osmo Action 3 digicam. Presenting your new finest pal for taking underwater photographs right down to 16 meters in depth.

Some information out of South Korea: Each Google and Meta have been collectively fined $71.8 million by the nation’s authorities for allegedly violating South Korea’s privacy law, Kate stories. As well as, Manish writes about Terraform Labs founder Do Kwon having an arrest warrant out for him relating to the corporate’s two tokens losing $40 billion in value in a span of days earlier this 12 months. Because of that information, the value of Luna, the brand new token of the revived ecosystem, dropped to $2.23 apiece.

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