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Why Wiz Really Turned Down Google’s $23 Billion Offer

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Welcome back to the week in review. This week we’re attacking you right after TechCrunch Disrupt! In case you missed it, we’re revisiting conversations with Perplexity CEO Aravind Srinivas, WordPress co-founder Matt Mullenweg, and Disney star-turned-space CEO Bridgit Mendler. Of course, we even have news from the remainder of the tech world. Let’s do it.

Why did Wiz reject $23 billion? Wiz co-founder and CEO Assaf Rappaport said during TechCrunch Disrupt that turning down Alphabet’s offer was “the hardest decision ever,” but they did it because they believed the cloud security space was a possibility for the $100 billion company. At the time Wiz rejected the offer, the startup’s private valuation was $12 billion. The president admitted that he also had other offers, although none were as big as Google.

Apple had per week filled with discoveriesincluding the most recent additions to its M-series chips. The company unveiled the brand new M4 Pro, which can debut alongside the tiny latest Mac mini and M4 Max, the latter of which can appear within the MacBook Pro line as an expandable option. Apple also refreshed its desktop accessories, switching them from Lightning to USB-C. But the Magic Mouse’s charging port still sits awkwardly at the underside.

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Dropbox slows down 20% its workforce. In a letter to employees, CEO Drew Houston said the cloud company goes through a “period of transition” and that the goal is to make cuts in areas where Dropbox has “over-invested” while also designing a “flatter and more efficient” team structure. The employment reduction will affect 528 employees.



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Image credits:Kimberly White for TechCrunch/Getty Images

What is plagiarism? During TechCrunch Disrupt, Perplexity CEO Aravind Srinivas was asked how the corporate defines “plagiarism.” Srinivas didn’t say so explicitly, but he firmly stated that Perplexity “always cites its sources” and doesn’t claim ownership of any content. Read more

OpenAI could also be constructing its first AI chip: According to Reuters, OpenAI is working with TSMC and Broadcom to construct an internal AI chip to run AI models, which could appear as early as 2026. Read more

Turn your design into reality: Arcade AI is a brand new form of marketplace that permits customers to input their ideas right into a generator, which then generates a wide range of design options that might be dropped at life in the shape of tangible jewelry. Read more

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From Disney Channel to CEO: Former Disney star Bridgit Mendler joined TechCrunch Disrupt to debate how she founded Northwood Space and why the space startup is committed to solving “unsexy problems.” Read more

AI involves recruiters: LinkedIn summarizes its latest artificial intelligence project: Hiring Assistant. The product is designed to perform a wide selection of recruiting tasks, from processing irrelevant notes to turning them into job descriptions, to sourcing and contacting candidates. Read more

Matt Mullenweg presents his case: The WordPress co-founder and CEO of Automattic told TechCrunch Disrupt that he isn’t fearful that the recent legal drama between his company and WP Engine may lead to a fork of the open-source WordPress software. In fact, he said he would welcome it. Read more

Olivia Wilde, VC: According to Bloomberg, actress and director Olivia Wilde quietly founded enterprise capital firm Proximity Ventures late last 12 months. The company has already signed 4 investments, including the biotechnology company Pendulum Therapeutics. Read more

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Slice marks its presence in India: Fintech Slice has merged with North East Small Finance Bank, marking a rare instance of a startup successfully entering India’s highly regulated banking sector. The merger transforms Slice right into a banking entity after months of regulatory scrutiny. Read more

An easier solution to code: Announced at GitHub’s annual conference in San Francisco, Spark is an experiment began within the GitHub Next labs that lets you quickly construct a small web application using only natural language. Read more

Turn text right into a podcast: Meta has released an “open” implementation of the viral podcast generation feature in Google NotebookLM. A project called NotebookLlama can generate podcast-style repeating summaries of text files uploaded to it. Read more

Zoox calls Tesla’s bluff: Zoox co-founder and CTO Jesse Levinson doubts whether Tesla will launch a robot transportation service next 12 months. “The fundamental problem is that they don’t have the technology that works,” he told TechCrunch Disrupt. Read more

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And the winner is…: The winner of the Startup Battlefield 200 competition at TechCrunch Disrupt was Salva Health. The company’s Julieta device is a conveyable, AI-powered breast cancer detection device that eliminates barriers to early screening, ensuring access even in distant areas. Read more

 

This article was originally published on : techcrunch.com

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As Musk manages his growing family: WSJ

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Elon Musk says his duty is to “make new people.” Now Investigation of WSJ He suggests that he could start greater than 14 known children, and the sources claim that the actual number will be much higher. The report also describes how Musk keeps these details within the package.

In the middle of all this, based on the report, there may be a longtime Fixer Jared Birchall, which runs the Muska’s family office, but additionally supports the logistics of the developing Muska family, including by developing Hush contracts and serving as a board for moms of some children.

For example, Musk reportedly asked the conservative influence of Ashley St. Clair for signing a restrictive agreement after she gave birth to their son last autumn. Agreement: $ 15 million plus an extra $ 100,000 per 30 days, so long as the kid is 21 in exchange for her silence. She refused; He says that the contract worsens with every treason perceived. (She told the journal that the Muska team sent her only $ 20,000 after they bowed to Musk to comment on his article).

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As for Birchall, which can also be CEO Press-IMPLANTU-IMPLANTU VENTURE NEURALK IA partner In AI Venture XAI in Musk, Muska’s private life management can simply be the third full -time job. According to the journal, in a single two -hour conversation with St. Clair, Birchall told her that the transition “legal path” with musk “always, always leads to a worse result for this woman than otherwise.”

This article was originally published on : techcrunch.com
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Lime scooter and Ebike batteries will be recycled by Redwood Materials

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The joint company Micromobility Lime has reached an agreement on sending batteries utilized in scooters and electronic bikes to Sewoi materials that extract and recycle critical minerals, comparable to lithium, cobalt, nickel and copper.

The agreement announced on Monday makes Redwood Materials the only real battery recycling partner for common scooters and e-bike bikes situated in cities within the United States, Germany and the Netherlands. The contract doesn’t cover every region where lime worksAn inventory covering cities throughout Europe, Asia and Australia.

In Lime up to now he had other recycling partnerships, especially with Sprout through his suppliers. However, for the primary time, the joint company Micromobility had direct relations with battery recycling in North America, which might directly process the fabric for recovery and returns it to the availability chain.

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Redwood Materials, The Carson City, Startup from Nevada founded by the previous CFO Tesla JB Straubel, will get better battery materials when they can’t be used. After recovering and recycling, the materials will be re -introduced within the battery production process. This production system of a closed loop-which can reduce the demand for extraction and refining of minerals-is on the Redwood Materials business center.

The effort can also be consistent with its own goals of limestone sustainable development. Lime is geared toward decarbonization of operations by 2030. The company has made progress in reducing the range 1, 2 and 3 of emissions by 59.5% in five years of basic years 2019. Wapno plans to report the outcomes of carbon dioxide emissions 2024 in May.

“This cooperation means significant progress in the establishment of a more round supply chain, helping our batteries not only to recycled responsibly after reaching the end of their lives, but that their materials are returned to the battery supply chain,” said Andrew Savage, vice chairman for balanced development in Lime.

Lime also has partnerships from Gomi in Great Britain and Voltr in France and other European countries to gather these live battery cells for “Second Life” applications, including, amongst others, in the sphere of consumer electronics, comparable to portable speakers and battery packages.

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Redwood Materials has contracts with other micromobility corporations, including Lyft, RAD Power Bikes and bicycle batteries and scooters specialized in recycling. Redwood, which collected over $ 2 billion in private funds, announced at first of this month, opened the research and development center in San Francisco.

(Tagstranslat) ebikes

This article was originally published on : techcrunch.com
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The Legal Defense Fund withdraws from the META civil law advisory group over Dei Rolback

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Legal Defense Fund,, Meta, dei,


On April 11, the Legal Defense Fund announced that he was leaving the external advisory council for civil rights regarding the fear that the changes in technology company introduced diversity, own capital, inclusion and availability in January.

According to those changes that some perceived as the capitulation of meta against the upcoming Trump administration, contributed to their decision To leave the advisory council of the technology company.

In January, LDF, along with several other organizations of civil rights, which were a part of the board, sent a letter to Marek Zuckerberg, CEO of Meta, outlining their fears As for a way changes would negatively affect users.

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“We are shocked and disappointed that the finish has not consulted with this group or its members, considering these significant changes in its content policy. Non -compliance with even its own advisory group of experts on external civil rights shows a cynical disregard for its diverse users base and undermines the commitment of the meta in the field of freedom of speech with which he claims to” return “.

They closed the letter, hoping that the finish would recommend the ideals of freedom of speech: “If the finish really wants to recommend freedom of speech, he must commit to freedom of speech for all his services. As an advisory group from external civil rights, we offer our advice and knowledge in creating a better path.”

These fears increased only in the next months, culminating in one other list, which from the LDF director, Todd A. Cox, who indicated that the organization withdraws its membership from the META civil law advisory council.

“I am deeply disturbed and disappointed with the announcement of Medical on January 7, 2025, with irresponsible changes in content moderation policies on platforms, which are a serious risk for the health and safety of black communities and risk that they destabilize our republic,” Cox wrote.

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He continued: “For almost a decade, the NACP Legal Defense and Educational Fund, Inc. (LDF) has invested a lot of time and resources, working with META as part of the informal committee advising the company in matters of civil rights. However, the finish introduced these changes in the policy of the content modification without consulting this group, and many changes directly with the guidelines from the guidelines from LDF and partners. LD can no longer participate in the scope. ” Advisory Committee for Rights “

In a separate but related LDF list, it clearly resembled a finish about the actual obligations of the Citizens’ Rights Act of 1964 and other provisions regarding discrimination in the workplace, versus the false statements of the Trump administration, that diversity, justice and initiative to incorporate discriminates against white Americans.

“While the finish has modified its policy, its obligations arising from federal regulations regarding civil rights remain unchanged. The title of VII of the Act on civic rights of 1964 and other regulations on civil rights prohibit discrimination in the workplace, including disconnecting treatment, principles in the workplace which have unfair disproportionate effects, and the hostile work environment. Also when it comes to inclusion, and access programs.

In the LDF press release, announcing each letters, Cox He called attention Metal insert into growing violence and division in the country’s social climate.

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“LDF worked hard and in good faith with meta leadership and its consulting group for civil rights to ensure that the company’s workforce reflects the values ​​and racial warehouses of the United States and to increase the security priorities of many different communities that use meta platforms,” ​​said Cox. “Now we cannot support a company in good conscience that consciously takes steps in order to introduce changes in politics that supply further division and violence in the United States. We call the meta to reverse the course with these dangerous changes.”

(Tagstranslate) TODD A. COX (T) Legal Defense Fund (T) META (T) Diversity (T) Equality (T) inclusion

This article was originally published on : www.blackenterprise.com
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