News Summary

TechCrunch’s Week in Review covers several significant developments in the tech and startup world. Rad Power Bikes has appointed Kathi Lentzsch as its new CEO, aiming to shift from a direct-to-consumer model to a retail-based approach. Meanwhile, TikTok’s parent company ByteDance considers Oracle as a potential buyer amidst pressure to sell its U.S. business. In the realm of AI, OpenAI has entered into a five-year, $11.9 billion agreement with CoreWeave, a GPU-focused cloud service provider. Additionally, Waymo is expanding its driverless taxi service in Silicon Valley, adding new territories to its existing coverage in the San Francisco Bay Area. Lastly, Garantex’s co-founder, Aleksej Besciokov, was arrested in India, linked to transactions associated with North Korean hackers.