Perl 7 is announced, which will be based on Perl 5.32 with modern defaults, aiming to simplify the language while maintaining backward compatibility. The new version will have different settings, but the codebase will remain largely the same. Perl 5 will go into long-term maintenance mode, and Perl 7 is expected to be released within a year. The change is intended to make Perl more appealing to new users and to allow for future development without being held back by extreme backward compatibility.