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Hello, friends! Welcome back to Week in Review, the newsletter where we quickly sum up the most read TechCrunch stories from the last sevenish days. The goal? Even if you’ve had a busy week, a quick skim of WiR should keep you in the (tech) loop. Want it in your inbox every Saturday? Sign up here. This week was a bit all over the place, with another big story breaking every couple hours. Let’s just drop right in, shall we? most read Cutbacks at Area 120: Area 120 is Google’s… Source link

Google CEO Sundar Pichai, speaking at the Code Conference last week, suggested the tech company needed to become 20% more efficient — a comment some in the industry took to mean headcount reductions could soon be on the table. Now, it seems that prediction may be coming true. TechCrunch has learned and Google confirmed the company is slashing projects at its in-house R&D division known as Area 120. The company on Tuesday informed staff of a “reduction in force” which will see the… Source link

After a year of back-and-forth, Silicon Valley tech executive Marissa Mayer has finally demolished three townhouses she bought next to her Palo Alto home to install a backyard pool. As first reported by the Silicon Valley Business Journal, Mayer was legally able to raze the neighboring homes despite a California state law that required any home demolitions to be replaced with equivalent replacement “housing units.” That law was seemingly the reason Mayer’s request was denied… Source link

A team at Google is today launching a new product for mobile app developers called Checks which leverages A.I. technology to identify possible privacy and compliance issues within apps, amid a rapidly changing regulatory and policy landscape. The freemium solution will be offered to both Android and iOS app developers of all sizes, who will be able to have their apps analyzed then receive a report with actionable insights about how to address the problems that are found. Checks was… Source link

Inflation in December was the hottest in nearly 40 years, according to the Federal Reserve’s favored gauge, released this morning. U.S. consumers have been confronted with higher prices for everything from gasoline to groceries, cars to dishwashers. There’s one industry, though, that’s undergoing a pricing war that has prevented increases. Have you looked at your mobile phone bill lately? “At a time when seemingly every other industry in America is raising prices, the wireless industry… Source link

Higher pay to retain and attract employees impacted Goldman Sachs profits, and the big bank’s CEO says companies across industries are experiencing the same thing. “There is real wage inflation everywhere in the economy. Everywhere,” Goldman Sachs CEO David Solomon told analysts on the company’s fourth quarter earnings call on Tuesday. In the final quarter of 2021, the bank logged $3.2 billion in expenses associated with compensation and benefits — a 31% increase compared to the same… Source link

A team at Google is today launching a new service called Qaya, which will allow creators to easily set up new web storefronts where they can sell their products and services directly to their audiences. The project is the latest to emerge from Google’s in-house project incubator, Area 120, which was recently a part of a broader reorganization at the company that elevated its status after many of its earlier projects exited to different parts of Google, including its Cloud, Search,… Source link

Google Labs is back, but this time around, it’s not a consumer-facing brand delivering a range of experimental products. Instead, it’s the internal name given to a new team at Google created under a reorganization that aims to gather the company’s many innovative projects and long-term bets under one roof. The new group will be led by Clay Bavor, a veteran Googler and VP whose most recent role has seen him leading the company’s forward-looking efforts in virtual and augmented… Source link

Byteboard, a service designed to replace the pre-onsite technical interview part of a company’s hiring process with a web-based alternative, will be spinning out of Google, TechCrunch learned and Google confirmed. The product was originally incubated as part of the company’s internal R&D lab known as Area 120, where it’s been led by CEO Sargun Kaur. With this move, Byteboard will be the first Area 120 project to exit Google and become its own standalone company. But Google notes… Source link