Tesla drops costs, Meta confirms Llama 3 launch, and Apple permits emulators within the App Store

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Tesla drops costs, Meta confirms Llama 3 launch, and Apple permits emulators within the App Store


Heya, of us, welcome to Week in Review (WiR), TechCrunch’s common publication that recaps the previous few days in tech.

Google’s annual enterprise-focused dev convention, Google Cloud Next, dominated the headlines — and we had loads of protection from the occasion. But it wasn’t the one factor afoot (see: the spectacular eclipse).

Lorenzo wrote about how hackers stole over ~340,000 Social Security numbers from authorities consulting agency Greylock McKinnon Associates (GMA). It took GMA 9 months to find out the extent of the breach and notify victims; as of but, it’s unclear why.

Elsewhere, Sarah had the story on Spotify’s personalized AI playlists, which lets customers create a playlist primarily based on written prompts.

And Connie reported on the loss of life of entrepreneur Mahbod Moghadam, who rose to fame because the co-founder of Genius, the web music encyclopedia. Moghadam handed away on the age of 41 owing to issues from a recurring mind tumor.

Lots else occurred. We recap all of it on this version of WiR — however first, a reminder to enroll to obtain the WiR publication in your inbox each Saturday.

News

Tesla value drop: Tesla dropped costs of unsold Model Y SUVs within the U.S. by 1000’s of {dollars} in an try and filter out an unprecedented stock backlog.

Snapchat turns off its photo voltaic system: Snapchat adjusted a characteristic in its app that visualizes how “close” you might be to your folks after reporting revealed that it was including to teenagers’ nervousness.

Noninvasive nervousness therapy: Neurovalens, a startup growing tech to ship noninvasive electrical stimulation of the mind and nervous system, achieved FDA clearance due to a 2019 company rule change aimed toward encouraging improvements concentrating on insomnia and nervousness.

Llama 3: At an occasion in London, Meta confirmed that it plans an preliminary launch of Llama 3 — the following era of its AI mannequin used to energy chatbots and different apps — throughout the month.

Emulators within the retailer: Apple up to date its App Store guidelines to globally enable emulators for retro console video games an choice for downloading titles.

AT&T breach: AT&T started notifying U.S. state authorities and regulators of a safety incident after confirming that thousands and thousands of buyer data posted on-line final month had been genuine.

Funding

Web3 and wonder: Kiki World, a magnificence model that makes use of web3 for buyer co-creation and possession, has closed a $7 million spherical led by Andreessen Horowitz.

Analysis

Magnets in keyboards: Frederic writes about an intriguing improvement in mechanical keyboard design: magnetic switches, which may rapidly change the actuation level — the purpose in the course of the keypress the place the swap registers a downstroke.

WFH, right here to remain: Working from dwelling isn’t going away — even when some CEOs want it might. Ron writes that the majority staff crave flexibility and work-life stability — who knew?

Podcasts

On Equity’s startup-focused Wednesday present, the crew dug into the Multiverse’s acquisition of Searchlight, the newest Guesty spherical, the Monad Labs transaction and a brand new enterprise capital fund concentrating on progress rounds in Africa.

Meanwhile, Found featured Ben Christensen, the founder and CEO of Cambium, a startup that’s reimagining the wooden provide chain and reallocating beforehand wasted supplies for use in new constructing initiatives.

Bonus spherical

Microsoft passwords uncovered: Security researchers found an open and public database hosted on Microsoft’s Azure cloud service that was storing inner info referring to Microsoft’s Bing search engine. Microsoft says that it has resolved the lapse.

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