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Tesla drops prices, Meta confirms Llama 3 release, and Apple allows emulators in the App Store | TechCrunch

Tesla drops prices, Meta confirms Llama 3 release, and Apple allows emulators in the App Store | TechCrunch

Hey guys, welcome to the Week in Review (WiR), TechCrunch's regular newsletter that chronicles the past few days in tech.

Google's annual enterprise-focused dev conference, Google Cloud Next, dominated the headlines — and so did we Adequate coverage from the ceremony. But it wasn't the only thing (see: Magnificent lunar eclipse).

Lorenzo wrote About how hackers stole ~340,000 Social Security numbers from government consulting firm Greylock McKinnon Associates (GMA). It took GMA nine months to determine the extent of the breach and notify victims. So far, it is not clear why.

Elsewhere, Sarah's story was on Spotify. Personalized AI playlistswhich lets users create playlists based on written prompts.

And Connie reported. Death of businessman Mehboob Moghadam, who rose to fame as the co-founder of the online music encyclopedia Genius. Moghadam died at the age of 41 due to complications from a recurring brain tumor.

A lot more happened. We recap all of that in this edition of WiR—but first, a reminder Sign up To receive the WiR newsletter in your inbox every Saturday.

News

Tesla price drop: Tesla slashed the prices of unsold Model Y SUVs in the U.S. by thousands of dollars in an effort to end an unprecedented inventory backlog.

Snapchat shuts down its solar system: Snapchat has adjusted a feature in its app that predicts how “close” you are to your friends after reports revealed it was adding to teen anxiety.

Treatment of non-invasive anxiety disorders: Neurovolence, a startup developing technology to deliver non-invasive electrical stimulation of the brain and nervous system, won FDA approval thanks to a 2019 agency rule change aimed at innovations targeting insomnia and anxiety. To be encouraged.

Lama 3: At an event in London, Meta confirmed that it plans an early release of Llama 3 — the next generation of its AI model used to power chatbots and other apps — within a month. inside

Emulators in Store: Apple updated its App Store rules to allow emulators to download titles for retro console games globally.

AT&T Breach: AT&T began notifying US state authorities and regulators after confirming that millions of customer records posted online last month were authentic.

Funding

Web 3 and Beauty: Kiki World, a beauty brand that uses the Web 3 to co-create and own with consumers, has closed a $7 million round led by Andreessen Horowitz.

Analysis

Magnets in the keyboard: Frederick writes about an interesting development in mechanical keyboard design: magnetic switches, which can rapidly change the activation point — the point during a key press where the switch registers the downstroke.

WFH, here to stay: Working from home isn't going away — even if some CEOs want it to be. Ron writes that most workers want flexibility and work-life balance – who knew?

The podcast

On of equity Wednesday's show focused on startups, the crew participated in Multiverse's acquisition of Searchlight, the latest guest round, the Mond Labs transaction and a new venture capital fund targeting growth rounds in Africa.

during this, found Prominent Ben Christensen, founder and CEO of Cambim, a startup reimagining the wood supply chain and repurposing previously discarded materials to be used in new construction projects.

Bonus round

Microsoft Password Exposed: Security researchers discovered an open and public database hosted on Microsoft's Azure cloud service that was storing internal information about Microsoft's Bing search engine. Microsoft says it has fixed the bug.

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