Welcome again to Week in Overview. This week, we’re unpacking the newest layoffs at Mozilla, Perplexity providing to cross a picket line, and Apple warning traders that it would by no means prime the iPhone. Let’s get into it.
The Mozilla Basis laid off 30% of its workers within the second spherical of layoffs for the Firefox browser maker this yr. Govt director Nabiha Syed confirmed that two of the inspiration’s main divisions — advocacy and international packages — are “no longer a part of our structure.” Mozilla’s communications chief, Brandon Borrman, advised TechCrunch that advocacy “remains to be a central tenet” of the corporate’s work however didn’t present specifics.
Anduril is contemplating constructing its first major manufacturing plant, a 5-million-square-foot facility referred to as “Arsenal-1,” in Arizona, Ohio, or Texas following its $1.5 billion spherical, based on somebody acquainted with the matter. When TechCrunch requested an Anduril spokesperson if the protection tech firm was now selecting between these three places for its manufacturing unit, she responded, “That’s incorrect,” however she wouldn’t specify what half precisely was incorrect.
Online game large Activision fastened a bug in its anti-cheat system that it stated affected “a small variety of reliable participant accounts” that have been getting banned due to it. However based on the hacker who discovered the bug and was exploiting it, they have been capable of ban “thousands upon thousands” of Call of Duty players, who they framed as cheaters. The hacker spoke to TechCrunch concerning the exploit and advised their facet of the story.
That is TechCrunch’s Week in Overview, the place we recap the week’s greatest information. Need this delivered as a e-newsletter to your inbox each Saturday? Sign up here.
Information
Perplexity crosses the picket line: Perplexity CEO Aravind Srinivas supplied to supply the AI firm’s companies to mitigate the impact of a strike by New York Occasions tech employees, leading to many X customers chastising Srinivas for performing as a scab. Read more
Nvidia turns into No. 1: Nvidia exceeded Apple’s market capitalization to turn into the world’s largest firm. On the shut of the market earlier this week, Nvidia was valued at $3.43 trillion, topping Apple’s $3.38 trillion. Read more
Will Apple ever prime the iPhone? Apple is warning traders that its new and future merchandise would possibly by no means be as worthwhile because the iPhone. The disclosure comes as the corporate pursues AI applied sciences and mixed-reality headsets just like the Apple Imaginative and prescient Professional. Read more
Bowery Farming shuts down: The agtech unicorn recognized for constructing vertical farms that might produce crops is shutting down. The corporate held a number of rounds of layoffs in 2023 and was most not too long ago valued at $2 billion in 2021. Read more
Our assessment of ChatGPT Search: OpenAI launched its extremely anticipated search product, ChatGPT Search, final week. However is it actually the “Google killer” it was hyped as much as be? TechCrunch’s Maxwell Zeff doesn’t assume it’s but. Read more
Investing in “AI-powered parenting”: Might AI allow you to turn into a greater dad or mum? Andreessen Horowitz associate Justine Moore launched a brand new funding thesis for the agency on X, endorsing “a brand new wave of ‘parenting co-pilots’ constructed with LLMs and brokers.” Read more
BP axes 18 hydrogen initiatives: Tucked inside a 32-page earnings report, oil and gasoline large BP revealed it was killing 18 early-stage hydrogen initiatives, a transfer that might have a chilling impact on the nascent hydrogen business. Read more
Infinite Minecraft: AI firm Decart has launched what it’s claiming is the primary playable “open-world” AI mannequin. Known as Oasis, the mannequin powers a Minecraft-like sport that generates frames in actual time, simulating physics, guidelines, and graphics on the fly. Read more
Canada units its eyes on TikTok: Canada has ordered the closure of ByteDance’s operations in Canada — particularly the places of work of TikTok Expertise Canada, Inc. — citing nationwide safety dangers. Nevertheless, Canadians can nonetheless obtain and use TikTok. Read more
No Instagram till you’re 16: Australian prime minister Anthony Albanese introduced plans to ban social media for kids underneath 16 with no exemptions for parental consent. If handed, it will be the strictest social media ban for teenagers globally. Read more
Drop the GPT, it’s cleaner: OpenAI purchased Chat.com, which now redirects to ChatGPT. Final yr, it was reported that HubSpot co-founder and CTO Dharmesh Shah acquired the area for $15.5 million, making it one of many prime two all-time publicly reported area gross sales. Read more
Evaluation
What Trump’s win means for Elon Musk: The billionaire CEO took a pointy swing to the correct this election to help President-elect Donald Trump, utilizing his huge wealth, affect, and megaphone on X to affect the end result of the election. Many have predicted that there will probably be a falling-out between the 2 enormous personalities earlier than Trump’s time period is over, however as Rebecca Bellan and Aria Alamalhodaei write, Musk’s position within the presidency may mark one of the crucial consequential situations of a businessman serving to form the coverage and rules that govern his personal companies. Read more
