Cruise shuts down robotaxi operations, the Apple Watch gets a new feature, and Carta tries to avoid bad press

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By RockedBuzz 8 Min Read

Hello, ghouls and goblins, and welcome to this Halloween weekend version of Week in Review (WiR), RockedBuzz’s weekly tech roundup in e-newsletter type. For our U.S.-based readers (and this reporter), it is time for mid-autumn celebrations: time-tested traditions like jack-o’-lantern carving, costumes and apple selecting. We can all make the most of it.

In this concern of WiR, we’ll discuss California’s DMV suspending Cruise’s robotaxi allow, spending on VR, bringing the Apple Watch’s finest new function to life, and an e-commerce startup based by a former govt at PayPal goals to give clients extra management over their buy information. Elsewhere, we highlight the victims of the newest Okta hack, Carta’s CEO making an attempt to hold the bad press at bay, the newest from the FTX trial, and Rivian profitable the longest-running off-road competitors in the US

There’s a lot to get by way of, so let’s not delay. But first, we remind you to enroll right here to obtain WiR in your inbox each Saturday, if you have not already.

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No longer on a cruise: The California Department of Motor Vehicles suspended Cruise deployment and driverless take a look at permits on Tuesday, ending robotaxi operations at GM’s self-driving automobile subsidiary in San Francisco. Subsequently, Cruise introduced that it could droop all of its robotaxi operations, together with in Austin, Houston, Phoenix and Miami, to “rebuild public belief.”

Shopping meets digital actuality: Intrepid TC editor Darrell Etherington shopped Concur utilizing Meta’s newest headphones, the Quest 3. So, how did it go? Concur “nonetheless actually sucks in VR,” Darrell writes – however surprisingly, Concur did not suck any greater than it does in additional typical computing environments, and truly preferred doing most associated, “regular computing” issues on the Quest 3. .

Double faucet this: With this week’s watchOS 10.1 released, Owners of the Apple Watch Series 9 and Apple Watch Ultra 2 now have entry to considered one of the coolest options in smartwatches. Double Tap, which provides gesture-based interactions by double-tapping your index finger and thumb, is a sensible new manner to work together together with your wearable when your different hand is full, Brian writes.

Retail your manner: Mary Ann writes about I own my data (IOMD), a startup based by a former PayPal govt with the purpose of eliminating a tedious step for purchasers: creating an account each time you purchase one thing from an internet retailer. With IOMD, all of a person’s non-public data, resembling previous purchases, playing cards, addresses and preferences, are saved on their machine, so transactions might be accomplished immediately with a click on, swipe or faucet anyplace on the net.

Okta hack fallout: Networking and safety big Cloudflare and password supervisor maker 1Password stated hackers briefly focused their methods following a latest breach of Okta’s assist unit. Both Cloudflare and 1Password stated their intrusions had been linked to the hack of Okta, the identification and entry administration platform, however that the incidents didn’t have an effect on buyer methods or person information.

Carta reacts: In an try to restrict the harm, Henry Ward, CEO of inventory administration startup Carta, despatched an e-mail to shoppers this week, telling them that if they’re involved about “adverse press” linked to the group, they need to learn a latest Medium put up by his. In the sendWard outlines conversations he is had with Carta staff about quite a few tales surrounding the firm, together with tales of lawsuits surrounding it allegations of sexual abuse by managers, a toxic “boys club culture”.” and obscene acts, among other things.

FTX Executives Likely to Escape Prison: Gary Wang, co-founder and CTO of failed cryptocurrency trade FTX; Caroline Ellison, CEO of Alameda, FTX’s sister firm; and Nishad Singh, FTX’s head of engineering, all pleaded responsible to the costs after the trade and the dramatic fall of Alameda in November 2022. But a former prosecutor from the Southern District of New York (SDNY), talking to Blockchain Journalist RockedBuzz’s Jacquelyn Melinek says Ellison, Wang and Singh possible will not go to jail as a result of they cooperated as witnesses.

Rivian comes out forward: In a win for Rivian, the Amazon-backed startup’s R1T is the first electrical automobile to win the longest off-road competitors in the United States, the Rebelle Rally. The race, now in its eighth 12 months, requires groups to full a 2,120 kilometer course utilizing solely paper maps, compasses and plotters, Kirsten writes.

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Looking for materials to pay attention to in the background whilst you alter costumes, paint pumpkins, and restock the sweet jar? RockedBuzz has you lined, as all the time.

ON Equity, the crew lined a few of the week’s offers, together with information from I Own My Data and AgentSync. Other notable articles embody Carta’s communications downside, the latest hurdle for Cruise driverless taxis (and why Waymo seems to be profitable), and notes on Alphabet and Microsoft’s latest earnings.

Found spoke with Jonas Torland of 7Analytics, a Norwegian firm that has created a information platform that powers sustainable threat administration instruments and merchandise. Their fashions predict the paths of floodwaters, permitting them to predict and map the ensuing harm.

AND Chain reaction interviewed Josh Naftalis, accomplice of the regulation agency Pallas Partners. Naftalis is a veteran lawyer representing corporations, boards of administrators and executives in white collar prison protection circumstances, regulatory enforcement issues, inner investigations, disaster administration and extra.

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TC+ subscribers have entry to in-depth commentary, evaluation and polls, which you’ll study should you’re already a subscriber. If you are not, think about signing up. Here are some highlights from this week:

Spam gets worse: Haje writes about how AI-powered instruments are making gross sales emails, phishing and spam worse for all of us, particularly instruments that faucet into social media to create a image of what may occur in lifetime of their objectives.

AI-powered advertisements: Alex and Anna write that giant tech corporations with giant attain have been raking in giant sums of cash on promoting currently, significantly these with AI capabilities, which has made their means to entice promoting {dollars} even stronger.

Seed offers get costly: Why are seed offers so costly lately? Alex writes that speedy progress is to blame; late-stage offers have gotten more and more uncommon AND smaller AND cheaper right this moment, on the opposite.

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