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

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Welcome, folks, to Week successful Review (WiR), TechCrunch’s regular newsletter covering this week’s noteworthy happenings successful tech.

TikTok’s fate successful nan U.S. looks uncertain aft President Joe Biden signed a measure that included a deadline for ByteDance, TikTok’s genitor company, to divest itself of TikTok wrong 9 months aliases look a prohibition connected distributing it successful nan U.S. Ivan writes astir really the effect of TikTok bans successful different countries could awesome what’s to travel stateside.

Meanwhile, fallout from nan Change Healthcare hack continues. Change, a subsidiary of wellness security elephantine UnitedHealth, confirmed this week that nan ransomware onslaught targeting it earlier this twelvemonth resulted successful a immense theft of Americans’ backstage wellness info, perchance covering “a important proportion” of Americans.

And Tesla profits dropped 55% arsenic nan EV institution contends pinch accrued unit from hybrid carmakers. The automaker’s maturation scheme is centered astir mysterious cheaper EVs scheduled to motorboat adjacent twelvemonth — arsenic good arsenic possibly a robotaxi. But a recall connected nan Cybertruck for faulty accelerator pedals surely won’t thief successful nan interim.

Lots other happened. We recap it each successful this version of WiR — but first, a reminder to sign up to person nan WiR newsletter successful your inbox each Saturday.

News

Amazon market plan: Amazon launched a caller unlimited market transportation subscription successful nan U.S. The plan, which costs $9.99 per period for Amazon Prime users, comes pinch free deliveries for market orders complete $35 crossed Amazon Fresh, Whole Foods Market and different section market retailers.

California drones grounded: In much Amazon news, nan tech elephantine confirmed that it’s ending Prime Air drone transportation operations successful Lockeford, California. The Central California municipality of 3,500 was nan company’s 2nd U.S. drone transportation tract aft College Station, Texas; Amazon didn’t connection immoderate specifications astir nan setback.

Fisker plans layoffs: Fisker says it’s readying much layoffs little than 2 months after cutting 15% of its workforce, arsenic nan EV startup scrambles to raise rate to enactment alive. Fisker expects to activity bankruptcy protection wrong nan adjacent 30 days if it can’t travel up pinch nan money.

Stripe description : Among a slew of different announcements astatine its Sessions convention successful San Francisco, Stripe said that it’ll beryllium de-coupling payments from nan remainder of its financial services stack. Given that Stripe antecedently required businesses to beryllium payments customers successful bid to usage immoderate of its different products, that’s a large change.

Analysis

Rabbit hands on: Brian writes astir nan R1, nan first gizmo from AI startup R1. The $199 value point, touchscreen and funky artistic from storied creation patient Teenage Engineering make nan R1 acold much accessible than Humane’s Ai Pin, he concludes.

Lab-grown diamonds: Pascal, an Andreessen Horowitz-backed startup, claims it tin make high-end jewelry accessible by utilizing lab-grown diamonds chemically and physically akin to earthy diamonds but that costs one-twentieth of nan price.

AI poetry: An research called nan Poetry Camera — an actual, beingness camera — combines unfastened root exertion pinch playful creation and creator vision. Instead of simply capturing images, nan Poetry Camera arranges thought-provoking, AI-generated stanzas based connected nan visuals it encounters.

Rippling heavy dive: Connie interviewed Parker Conrad, nan CEO of workforce guidance startup Rippling, connected nan company’s caller $200 cardinal backing round, caller San Francisco lease (the 2nd biggest to beryllium signed successful nan metropolis this year) and more.