LastPass hacked, OpenAI opens entry to ChatGPT, and Kanye will get suspended from Twitter (as quickly as extra) • TechCrunch

Aaaaand we’re again! With our Thanksgiving mini-hiatus behind us, it’s time for an further version of Week in evaluation — the e-newsletter the place we quickly wrap up primarily the most study TechCrunch tales from the previous seven(ish) days. no matter how busy you may be, it ought to current you a reasonably good thought of what of us had been talking about in tech this week.

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most study

Instafest goes instaviral: You’ve in all likelihood been to an great music pageant earlier than. however have you ever been to at least one made solely for you? in all likelihood not. Instafest, an internet app that went super viral this week, helps you daydream about what that pageant might seem as if. register collectively with your Spotify credentials and it’ll generate a promo poster for a faux pageant primarily based in your listening habits.

LastPass breached (as quickly as extra): “Password supervisor LastPass mentioned it’s investigating a safety incident after its strategies had been compromised for the second time this yr,” writes Zack Whittaker. Investigations are nonetheless underway, which sadly means it’s not super clear what (and whose) knowledge might’ve been accessed.

ChatGPT opens up: This week, OpenAI broadly opened up entry to ChatGPT, which helps you to work together with their new language-know-how AI by way of a simple chat-type interface. In completely different phrases, it helps you to generate (usually scarily properly-written) passages of textual content material by chatting with a robotic. Darrell used it to immediately write the Pokémon cheat sheet he’s on a daily basis needed.

AWS re:Invents: This week, Amazon internet companies hosted its annual re:Invent convention, the place the agency displays off what’s subsequent for the cloud computing platform that powers an large chunk of the internet. This yr’s highlights? A low-code computer software for serverless apps, a pledge to current AWS prospects administration over the place on the earth their knowledge is saved (to assist navigate more and more difficult authorities insurance coverage policies), and a computer software to run “metropolis-sized simulations” inside the cloud.

Twitter suspends Kanye (as quickly as extra): “Elon Musk has suspended Kanye West’s (aka Ye) Twitter account after the latter posted antisemitic tweets and violated the platform’s guidelines,” writes Ivan Mehta.

Spotify Wraps it up: yearly in December, Spotify ships “Wrapped” — an interactive function that takes your Spotify listening knowledge for the yr and presents it in an great seen means. This yr it’s obtained the simple stuff like what quantity of minutes you streamed, however it’s additionally branching out with ideas like “listening personalities” — a Myers-Briggs-impressed system that places every one into one among sixteen camps, like “the Adventurer” or “the Replayer.”

DoorDash layoffs: I hoped to go every week with no layoffs story cracking the record. Alas, DoorDash confirmed this week that it’s shedding 1,250 of us, with CEO Tony Xu explaining that they employed too quickly in the course of the pandemic.

Salesforce co-CEO steps down: “in a single week final December, [Bret Taylor] was named board chair at Twitter and co-CEO at Salesforce,” writes Ron Miller. “One yr later, he doesn’t have both job.” Taylor says he has “decided to return to [his] entrepreneurial roots.”

audio roundup

I anticipated issues to be a little quiet in TC Podcast land final week in consequence of journey, however we someway nonetheless had good displays! Ron Miller and Rita Liao joined Darrell Etherington on The TechCrunch Podcast to converse with regard to the departure of Salesforce’s co-CEO and China’s “good wall of porn”; group Chain response shared an interview with Nikil Viswanathan, CEO of web3 development platform Alchemy; and the ever-pretty equity crew talked about every thing from Sam Bankman-Fried’s wild interview at DealBook to why all three of the co-founders at financing startup Pipe stepped down concurrently.


What lies behind the TC+ members-solely paywall? right here’s what TC+ members had been studying most this week:

classes for elevating $10M with out giving up a board seat: has raised $10 million over the previous two years, all “with out giving up a single board seat.” How? co-founder Henry Shapiro shares his insights.

Consultants are the mannequin new nontraditional VC: “Why are so many advisor-led enterprise capital funds launching now?” asks Rebecca Szkutak.

Fundraising in instances of better VC scrutiny: “Founders might even be discouraged on this ambiance, however they should hold in thoughts that they’ve ‘forex,’ too,” writes DocSend co-founder and former CEO Russ Heddleston.


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