Apple’s big week wasn’t without its flaws – TechCrunch
Hello friends! Welcome back to the Week in Reviews, news where we recap some of the top stories to hit TechCrunch dot com this week.
The Most read story this week already. . . well, everything comes from Apple’s annual Worldwide Developers Conference. Apple tends to dominate the news cycle during WWDC, and this year’s show is no exception.
Apple always kicks off WWDC with a keynote, where they make ongoing announcements for products from all of their product lines. New iOS! Plan to take over your car dashboard! A new M2 chip that is somehow even faster/more efficient than the already absurdly fast M1! Instead of linking to millions of different posts about all the news, I’ll just link you to Our big WWDC roundup is here.
M1’s “unrepairable” flaw: Speaking of M1, security researchers at MIT have detailed the operation of what they say is an “unrepairable” security hole in the chip. An Apple spokesperson thanked the researchers for the “proof of concept” but said the company doesn’t think it poses an “immediate risk” to users and is “insufficient to overcome the challenges on its own.” operating system security measures”.
Uber Eats will now deliver food to you from all over the country: Your [on-demand delivery companies] so preoccupied with whether they could or not, they didn’t stop to think if they Candlestick.
Oracle spends $28 billion for Cerner: We know Oracle is acquiring health records company Cerner – although we learned about the acquisition in late December, a time when most people are doing everything they can Not look at the computer screen/news. This week, Oracle announced that the deal was closed, wrapping everything up for an absolutely massive $28 billion.
More layoffs: Oh, hey, that’s my favorite (but never-ending) part of this newsletter. Since we last checked in, there have been layoffs in Superhuman (22% of employees), edtech unicorn Eruditus, scooter company Bird (23%), clothing subscriptions Stitch Fix (15% of employees) salaried), OneTrust security unicorn (25 %) and many more. Amanda and Natasha Get an overview of the latest layoffs here.
Nimbus is like a motorcycle with a roof: Want the fun of a motorcycle or scooter but don’t want to deal with the weather? This week, Michigan-based startup Nimbus unveiled the prototype of the “Nimbus One,” a three-wheeled EV that looks like a hybrid between a motorcycle and a smart car. The company says they’ll cost a bit of $10,000 — or, if you sign up, around $200 a month — when they start shipping next year.
Everyone has podcasts these days, and guess what? WE ARE SO MUCH. In fact, we have a a group of them!
One of the highlights this week is Chain reactionwhere Anita and Lucas chatted with a16z’s Sriram Krishnan about the company’s new $4.5 billion crypto fund and what the web3 landscape looks like after the recent crypto crash.
We have a fee wall section on our website called TechCrunch+. The wall pays, I know, but it helps keep us light and allows us to dig deeper into the things you tell us you want to read. It costs a few dollars a month and has a lot of really good stuff, like:
Women are leaving VC firms to launch their own funds“Over the past year, many notable female investors have left their roles at established companies to launch their own funds,” writes Rebecca Szkutak, analyzing a number of exits. Go famous latest.
NFT drop is real: NFT sales are falling. Is investing in NFT-focused companies suitable? Alex looks at the data.
Take a peek at Lunchbox’s $50 million pitch: Back in February, Lunchbox — a company that builds an online ordering system for restaurants and ghost kitchens — raised $50 million in Series B. This week, Haje reviewed the offering the company made. used to attract investors.