Welcome again to Week in Review. This week, we’re coming at you proper off the heels of TechCrunch Disrupt! If you missed it, we’re highlighting conversations from Perplexity CEO Aravind Srinivas, WordPress co-founder Matt Mullenweg, and Disney star turned house CEO Bridgit Mendler. Of course, we’ve received information from the remainder of the tech world as effectively. Let’s do it.
Why did Wiz flip down $23 billion? Wiz co-founder and CEO Assaf Rappaport stated at TechCrunch Disrupt that turning down Alphabet’s supply was “the toughest decision ever,” however they did so as a result of they believed the cloud safety house is a $100 billion alternative for the corporate. At the time Wiz turned down the supply, the startup had a non-public valuation of $12 billion. The CEO admitted that additionally they had different gives, although none as large as Google’s.
Apple had a giant week of reveals, together with the most recent additions to the M-series of chips. The firm unveiled the brand new M4 Pro, which debuts alongside the tiny new Mac mini and the M4 Max, the latter of which is coming to the MacE-book Pro line as an upgradeable choice. Apple additionally gave a refresh to its desktop equipment, switching them from Lightning to USB-C. But the charging port for the Magic Mouse continues to be awkwardly on the underside.
Dropbox is shedding 20% of its workforce. In a letter to employees, CEO Drew Houston stated the cloud firm is present process a “transitional period” and that the aim was to make cuts in areas the place Dropbox has “over-invested” whereas designing a “flatter, more efficient” crew construction. The discount in headcount will have an effect on 528 workers.
This is TechCrunch’s Week in Review, the place we recap the week’s largest information. Want this delivered as a e-newsletter to your inbox each Saturday? Sign up right here.
News
What is plagiarism? At TechCrunch Disrupt, Perplexity CEO Aravind Srinivas was requested how the corporate outlined “plagiarism.” Srinivas wouldn’t say instantly, however he was adamant that Perplexity “always cites its sources” and doesn’t declare possession of any content material. Read extra
OpenAI could possibly be constructing its first AI chip: OpenAI is working with TSMC and Broadcom to construct an in-house AI chip for operating AI fashions, which might arrive as quickly as 2026, Reuters stories. Read extra
Turn your design right into a actuality: Arcade AI is a brand new sort of market that permits prospects to enter their concepts right into a generator that then produces a wide range of design choices to be dropped at life as tangible items of jewellery. Read extra
From Disney Channel to CEO: Former Disney star Bridgit Mendler joined TechCrunch Disrupt to debate how she based Northwood Space and why the house startup is dedicated to fixing “unsexy problems.” Read extra
AI comes for recruiters: LinkedIn is taking the wraps off its newest AI effort: Hiring Assistant. The product is designed to tackle a big selection of recruitment duties, from ingesting scrappy notes to show into job descriptions, to sourcing candidates and interesting with them. Read extra
Matt Mullenweg makes his case: The WordPress co-founder and Automattic CEO stated at TechCrunch Disrupt that he’s not frightened that the latest authorized drama between his firm and WP Engine might result in a fork of the open supply WordPress software program. In truth, he stated he’d welcome it. Read extra
Olivia Wilde, VC: Actor and director Olivia Wilde quietly launched enterprise agency Proximity Ventures late final 12 months, in keeping with Bloomberg. The agency has already inked 4 investments, together with biotech firm Pendulum Therapeutics. Read extra
Slice makes its mark in India: Fintech Slice merged with North East Small Finance Bank, marking a uncommon occasion of a startup efficiently getting into India’s tightly regulated banking sector. The merger transforms Slice right into a banking entity following months of regulatory scrutiny. Read extra
An simpler approach to code: Announced at GitHub’s annual convention in…
