With Musk’s buy accomplished, NYSE will delist Twitter inventory on Election Day • TechCrunch

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Pleased Friday! Haje is having fun with some down time on the East Coast, so I’m operating solo. As you may see from the not-so-surprising transfer by Elon Musk final night time and the sheer variety of Twitter tales from our fabulous client tech workforce immediately, it has been all Twitter, all day. We promise to provide you a bit of little bit of that, after all, and a bit of of what else we’ve been engaged on. Let’s dive in, we could?  — Christine

The TechCrunch High 3

• Flying the general public coop: Now that Elon Musk owns Twitter, its days are numbered as a public firm. In actual fact, Ivan writes, Twitter shall be delisted on November 8 — voting day for the U.S. midterm elections.
• Caging the chook: Over to Europe, the place only a few hours into really proudly owning Twitter, Musk already discovered himself on the unsuitable finish of European Union officers, who corrected him after he tweeted about how free he thinks Twitter is now. Natasha L has extra.
• Massive Tweet Chief: Experiences now say that Musk will take the CEO position for himself, Ivan writes, after he ousted Twitter’s 4 high executives, as reported by Amanda.

For extra information on the blue chook, head all the way down to the Massive Tech Inc. part, the place we now have you coated.

Startups and VC

Sadly, the hits hold coming for 54gene, an African genomics startup targeted on offering extra African genetic materials to pharmaceutical analysis — there’s simply 3% now, Tage studies. After some months of layoffs and a CEO exit, the corporate confirmed that it not solely made one more spherical of layoffs — this time of 100 folks — however it additionally slashed its valuation by over $100 million.

And we now have three extra for you:

• Robotic riot: Galen Robotics has a brand new robotic that may help with ear, nostril and throat surgical procedures. Oh, and it secured $15 million in new funding, Andrew studies.
• Comply with the yellow brick highway: Sport studio Hidden Door is utilizing narrative AI to show fiction into immersive role-playing experiences, and Rebecca writes it’s testing out “The Wizard of Oz.”
• Does anybody else use this phrase?: I used to be delighted to see that there’s a firm named Skidattl. The corporate is utilizing augmented actuality to indicate customers what individuals are doing round them, in what Rebecca writes is “like a Bat-Sign for enjoyable.”

5 methods biotech startups can mitigate threat to develop sustainably in the long term

 

Because of R&D and medical trials, life science startups have lengthy lead occasions earlier than they will deliver their capital-intensive merchandise to market.

“However,” asks Omar Khalil, a accomplice at Santé Ventures, “what occurs when the funding immediately dries up?”

In a visitor publish for TC+, he shares 5 methods for biotech startups which might be making an attempt to remain heat via the winter forward.

“It’s nonetheless too early to know whether or not this can be a short-term correction, or if it’s a brand new regular that shall be maintained for the foreseeable future.”

Three extra from the TC+ workforce:

TechCrunch+ is our membership program that helps founders and startup groups get forward of the pack. You may enroll right here. Use code “DC” for a 15% low cost on an annual subscription!

Massive Tech Inc.

As promised, we now have much more Twitter information so that you can take pleasure in. As I write this, a number of of my colleagues hopped on Twitter Areas to speak about all this. One of many newest bits of reports from Taylor was that Elon Musk was forming a content material moderation “council” to make sure choices — for instance, about account reinstatements for, cough, Donald Trump. Right here’s two extra:

Catching you up on extra earnings studies:

And we now have 4 extra for you: