Welcome, people, to Week in Overview (WiR), TechCrunch’s common publication that recaps tech week of yesteryear. I hope the vacations have been restful for individuals who noticed them. We at TC are gearing up for an eventful subsequent week at CES in Las Vegas by way of our elements – whereas keeping track of the information cycle as at all times.
On this version of WiR, we highlight Brian’s CES 2024 preview, 23andMe blames victims for the info breach, GitHub makes Copilot Chat typically accessible, and Frontdesk fires all workers. Additionally on the agenda are spiders and physique butter, Constancy reducing the score of X, Meta reducing the value of the Quest 2, and MIT scientists’ vibrating weight problems capsule.
There’s a lot to be achieved, so we is not going to delay. However first, a reminder to enroll right here to obtain WiR in your inbox each Saturday if you have not already.
CES 2024: Brian has an intensive overview of what to anticipate at CES 2024, together with – however not restricted to – generative AI, robotics, TVs, automobiles, smartphones and well being tech. He writes that he’s optimistic concerning the present general, particularly in gentle of the buyer electronics trade’s transfer towards extra decentralized manufacturing and the standard of startup pitches obtained up to now.
Your fault, not ours: Confronted with greater than 30 lawsuits from victims of an information breach affecting roughly 6.9 million clients, 23andMe is now deflecting blame in an try and absolve itself of any accountability. In a letter, the genetic testing firm stated customers “negligently recycled and didn’t replace their passwords following these prior safety incidents, which aren’t associated to 23andMe.”
Copilot Chat launches: GitHub has rolled out Copilot Chat, a ChatGPT-like programming-focused chatbot, typically accessible to all paying Copilot customers and free to verified academics, college students, and directors of choose open supply initiatives. The chatbot is powered by GPT-4, OpenAI’s generative AI mannequin, and is particularly tailor-made to improvement situations.
Frontdesk implodes: Mary Ann writes that Frontdesk, a startup that managed greater than 1,000 furnished residences within the US, laid off its total workforce of 200 staff on Tuesday after efforts to boost extra capital failed. Frontdesk CEO Jesse DePinto stated Frontdesk would file for state receivership, a substitute for chapter, TechCrunch’s sources stated.
Spiders and physique butter: Sol de Janeiro’s Delícia Drench Physique Butter went viral on social media after customers claimed they have been chased, bitten and (unsuccessfully) courted by wolf spiders once they utilized the moisturizer, because of the alleged addition of chemical substances that spiders discover sexually arousing . However Sol de Janeiro – and impartial specialists – inform TechCrunch that the rumors haven’t any advantage.
The valuation of X decreases. . . once more: Funding fund Constancy has written down its funding in X Holdings, the mother or father firm of X (previously Twitter), by 71.5% in comparison with the shares’ authentic valuation, Ivan studies. Constancy spent $19.2 million to amass a stake in X in October 2022.
Quest 2 with low cost: Months after Meta launched the Quest 3, the corporate is slicing costs for the VR headset’s predecessor, the Quest 2, by $50. The 128GB model drops from $299 to $249 and the 256GB model drops from $349 to $299 – with a lot of equipment on sale too.
Vibration away the fats: Brian writes about an MIT group’s new pill-like vibrating capsule that fights weight problems, which is designed to ship alerts to the mind to simulate the sensation of being full. Early exams are promising – giving animals the capsule 20 minutes earlier than consuming decreased their consumption by about 40% – however the capsule remains to be a good distance from human trials.
Do you want new podcasts to fill your rotation? Do not panic: TechCrunch has you lined.
In a throwback episode of Fairnessinterviewed Morgan Shruti Dwivedi – the co-founder and CEO of well being tech startup Duly, which focuses on simplifying and personalizing contraception for younger girls in India and overseas – at TechCrunch Disrupt 2023. The pair spoke concerning the stigma round contraception, cultural roadblocks Fairly faces and what’s subsequent for the startup.
Within the meantime, Discovered it went Down Beneath Rebekah, who spoke with Alex Zaccaria, the co-founder and CEO of Australia-based Linktree. The 2 chatted about how the startup scaled its freemium mannequin to develop its now huge social media reference touchdown web page.
And additional Chain response, Jacquelyn dived again into the most recent developments in spot bitcoin ETF purposes within the US as expectations mount. Fred Thiel, the CEO of Marathon Digital Holdings, a digital asset expertise firm and the most important publicly traded bitcoin mining firm, joined the episode to speak about cryptoshop.
TC+ subscribers get entry to in-depth commentary, evaluation, and surveys — all of which you will know should you’re already a subscriber. In case you’re not, please take into account signing up. Listed here are a couple of highlights from this week:
One other so-called cool superconductor: Tim has the story concerning the newest group of scientists who declare to have found a near-room temperature superconductor. He’s not satisfied that the paper, which has not been peer-reviewed, will stand as much as scientific scrutiny; time will inform.
Crypto Losses Decline: As malicious actors proceed to hack the crypto trade to earn a living, the greenback quantity has dropped considerably – 51% – in comparison with the earlier 12 months, writes Jacquelyn.
The upcoming copyright challenges: When information broke final 12 months that AI heavyweight OpenAI and Axel Springer had reached a monetary settlement and partnership, it appeared to bode properly for concord between individuals who write phrases and tech corporations who use them to assist create and prepare AI fashions . However that is probably not the case, says Alex.