Bitcoin reached a new all-time high of $118,900 on Friday, surpassing its previous record of $113,822 set on Thursday. As Read more
Selling software to companies can be a daunting task, especially when it comes to meeting security requirements. Chas Ballew, founder Read more
Earlier this week, San Diego startup Gallant announced $18 million in funding to bring the first FDA-approved ready-to-use stem cell Read more
The world’s richest man buys out one of the most popular social media platforms and uses it as a propaganda Read more
At TechCrunch Disrupt, Wiz co-founder and CEO Assaf Rappaport explained the reasoning behind turning down Alphabet’s $23 billion offer. Despite admitting it was a tough decision, Wiz believed the cloud security space presented a $100 billion opportunity for the company. With a private valuation of $12 billion at the time, Wiz also had other offers on the table, albeit not as substantial as Google’s.
Apple’s Latest Updates
Apple made significant reveals during the week, unveiling the new M4 Pro chip alongside the Mac mini and M4 Max. Additionally, the company revamped its desktop accessories, transitioning from Lightning to USB-C. However, the charging port placement on the Magic Mouse remains awkward.
Dropbox Workforce Reduction
Dropbox announced a 20% workforce reduction, with CEO Drew Houston citing a transitional period for the cloud company. The goal is to streamline operations by trimming areas of over-investment and creating a more efficient team structure, affecting 528 employees.
News Highlights
Plagiarism Defined:
Perplexity CEO Aravind Srinivas addressed the concept of plagiarism at TechCrunch Disrupt, emphasizing the company’s commitment to citing sources and refraining from claiming ownership of content.
OpenAI’s AI Chip: OpenAI is collaborating with TSMC and Broadcom to develop an in-house AI chip for running AI models, potentially launching as early as 2026.
Arcade AI Marketplace: Arcade AI offers a unique marketplace where customers can input design ideas to generate various jewelry designs for production.
Northwood Space by Bridgit Mendler: Former Disney star Bridgit Mendler discussed founding Northwood Space at TechCrunch Disrupt, aiming to address challenging issues in the space industry.
LinkedIn’s Hiring Assistant: LinkedIn introduced Hiring Assistant, an AI tool designed to streamline various recruitment tasks, from drafting job descriptions to engaging with candidates.
WordPress Legal Drama: WordPress co-founder Matt Mullenweg addressed concerns about potential legal conflicts with WP Engine, expressing openness to a fork of the open-source WordPress software.
Proximity Ventures by Olivia Wilde: Actor Olivia Wilde launched venture firm Proximity Ventures, with investments in biotech company Pendulum Therapeutics among others.
Slice’s Merger in India: Fintech Slice merged with North East Small Finance Bank, successfully entering India’s regulated banking sector after regulatory scrutiny.
GitHub’s Spark Experiment: Spark, an experiment from GitHub’s GitHub Next labs, enables users to build web apps using natural language.
Meta’s NotebookLlama Feature: Meta released NotebookLlama, an open implementation of Google’s generate-a-podcast feature for generating podcast-style digests of text files.
Zoox’s Doubts on Tesla’s Robotaxi: Zoox’s Jesse Levinson expressed skepticism about Tesla’s plans to launch a robotaxi ride-hailing service, citing technological challenges.
Startup Battlefield Winner: Salva Health emerged as the winner of the Startup Battlefield 200 competition at TechCrunch Disrupt with the Julieta device, an AI-powered portable breast cancer detection tool.
