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Hey, pleasant individuals, and welcome to Week in Overview (WiR), TechCrunch’s common publication that aggregates the highest tech information over the previous few days. It’s our humble opinion that there’s no higher place to get caught up on the trade’s happenings, whether or not you’re a information junkie or just among the many tech-curious.
On this version of WiR, we cowl Apple’s iPhone and different associated bulletins, the MGM hack and Tesla’s Cybertruck reemerging with an up to date inside. Additionally on the agenda is fee processor Sq. dealing with an outage, California contemplating a ban on autonomous vans and the tumultuous canning of provide chain startup Flexport’s CEO, former Amazon client chief Dave Clark.
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Apple unveils the iPhone 15: Apple had a jam-packed press convention on Tuesday, and among the many highlights had been two new iPhones: the iPhone 15 and iPhone 15 Professional. Each characteristic USB-C connectors, a transfer spurred partly by EU laws. There are different new options, too, together with a titanium physique (on the Professional) and a haptic “motion button” that replaces the mute change on previous-gen iPhones.
Expanded iCloud storage plans: In different Apple information, the corporate introduced throughout Tuesday’s presser that it’s including 6 TB and 12 TB storage choices to iCloud+, its cloud storage subscription. (Pricing wasn’t introduced, sadly.) Amanda notes that, whereas the common client gained’t want that a lot house, the brand new plans might be helpful for photographers and filmmakers, who’re set to get massive digital camera upgrades with the iPhone 15.
USB 3 speeds on iPhone, with a catch: A serious advantage of the iPhone 15 Professional is USB 3 speeds — file transfers as much as 10 gigabits per second. However as Ivan studies, house owners gained’t get these out of the field. Apple’s transport a USB 2.0 cable with a type-C port; customers should use “an optionally available USB 3” cable to unlock the upper information speeds. However hey, no less than the iPhone 15 Professional’s new “spatial video” mode gained’t require any aftermarket equipment.
MGM’s massive information breach: It’s been a nasty week for casinos. Following studies that Caesars paid hundreds of thousands in ransom to a cybercrime group, lodge and on line casino big MGM Resorts has confirmed a “cybersecurity challenge” is responsible for an ongoing outage affecting programs on the firm’s Las Vegas properties. Based on studies on social media, the incident has led to outages impacting ATM money dispensers and slot machines at MGM’s Las Vegas casinos, and compelled lodge eating places to just accept cash-only funds.
Cybertruck will get a redesign: Tesla’s Cybertruck — the topic of frequent delays — has been noticed within the wild with an up to date inside. New pictures shared by Tesla watchers The Kilowatts depict a Cybertruck with what seems to be a special wheel and heart console than what we noticed again in Might. However as Harri writes, it’s not clear whether or not this specific automobile displays how the Cybertruck will look as soon as Tesla lastly will get round to delivering them en masse.
Flexport strikes again: Two days after former Amazon government Dave Clark’s abrupt departure as CEO of Flexport, Ryan Petersen, Flexport’s founder, mentioned publicly that the corporate will rescind dozens of job affords and look to lease out workplace house as Flexport makes an attempt to get prices beneath management and get “its home so as.”
California considers banning self-driving vans: In a blow to the autonomous trucking trade, the California Senate handed a invoice, AB 316, on Monday that requires a educated human security operator to be current any time a self-driving, heavy-duty automobile operates on public roads within the state — successfully banning totally autonomous vans. After all, AB 316 nonetheless must be signed by Governor Gavin Newsom earlier than it turns into regulation, which isn’t a positive factor given Newsom’s popularity for being pleasant to the tech trade.
Sq. outage resolved: For those who didn’t catch it final week, Sq. restored its companies after a daylong outage left small enterprise house owners unable to course of funds. The Block-owned firm had, up till final Friday morning on the U.S. West Coast, been battling a chronic outage that had downed its companies for the reason that afternoon the day prior.
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Want a podcast to whereas away the hours, whether or not it’s commuting from work or kicking again after an extended and traumatic workweek? To not fear — we’ll hook up you.
Fairness introduced TechCrunch+ senior local weather reporter Tim De Chant on the present to speak local weather tech, {hardware} breakthroughs and why we’ve got an entire stage this 12 months at Disrupt, TechCrunch’s flagship convention, targeted on sustainability.
On this week’s episode of Discovered, in the meantime, the crew interviewed Jaleh Bisharat, the co-founder and CEO of NakedPoppy, an e-commerce website that helps individuals discover the make-up shades greatest suited to them and affords a market of “clear” pure magnificence merchandise. Bisharat talked about her private journey towards launching the corporate after an extended profession working in advertising and marketing for corporations reminiscent of Amazon and Eventbrite.
And Chain Response recapped a panel that Jacquelyn moderated stay on the Avalanche Home occasion that befell in Seoul, South Korea, throughout Korea Blockchain Week. The panel targeted on the largest alternatives and challenges dealing with web3 enterprise, that includes audio system like Dan Solar, the startup success supervisor for web3 APAC lead at Google Cloud, and Gagan Mac, the pinnacle of product and senior director of web3 companies at Circle.
TechCrunch+
TC+ subscribers get entry to in-depth commentary, evaluation and surveys — which you understand in case you’re already a subscriber. For those who’re not, take into account signing up. Listed here are a number of highlights from this week:
Antitrust and generative AI: The Federal Commerce Fee (FTC) is making the case for aggressive antitrust enforcement. How might this have an effect on the marketplace for generative AI? Two visitor contributors from Perkins Cole, the worldwide regulation agency, examine.
Instacart’s sky-high valuation: Alex writes about Instacart’s IPO, noting that the startup might promote as a lot as $616 million of its inventory — a complete of twenty-two million shares. With a debut inventory value at between $26 and $28 per share, Instacart shall be near “decacorn” standing.
Fintech’s reckoning: Some fintech corporations are weathering the macroeconomic storm higher than others and seeing an finish in sight. Particularly, startups utilizing AI to battle cash laundering and fraud appear to be having fun with tailwinds, Anna studies.
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