Have a nice weekend everyone. Welcome to TechCrunch Week in Review. Henry here stands in for Kyle Wiggers on vacation. Kyle Wiggers stands in for Greg Kampalak, who lost his parents. Listen, we have a deep bench and both guys will be back soon.Until then, check out some of his top stories of the week.
Want it in your inbox every Saturday morning? You can handle it here.
most read
Netflix crackdown on password sharing: The streaming giant is sick of customers sharing their passwords with friends and loved ones around the world. Literally inside the walls of the account holder’s residence.
ChatGPT Monetized: OpenAI launched a pilot subscription for Text Generation AI this week. For $20/month, subscribers get access to more than the basic level: access to his ChatGPT during peak hours, faster response times, and priority access to new features and improvements.
Human or AI?: That’s the problem, and apparently OpenAI wants to help with that. The company has launched a tool designed to distinguish between human-written text and his AI-generated text, with only about a 26% success rate. However, OpenAI says that when used in conjunction with other methods, the AI text he generator could help prevent abuse.
Bypassing FB 2FA: Meta created a new centralized system to help users manage their Facebook and Instagram logins, but a bug allowed malicious hackers to turn off 2FA just by knowing a user’s phone number. There is a possibility. Wow. A security researcher from Nepal discovered the bug and reported it to the Meta Accounts Center last September. And he got paid.
Salesforce layoffs hit: In January, the company announced an impending 10% cut in its workforce. However, not everyone was notified at that time. Hundreds more of the company’s staff learned the fate of their jobs this week.
“Spill the tea”: Alphonzo “Phonz” Terrell lost his job as global head of social and editorial at Twitter three months ago and immediately started working on a new app. The app, called Spill, has already won his round of seeding and garnered 60,000 handle bookings. The app will be released in alpha in the first quarter of this year.
Google Fi Compromise: The company said its cell network provider, Google Fi, confirmed the data breach. This may be related to his recent security incident at T-Mobile that allowed hackers to steal millions of customer information based on the timing of the notifications.
Audio summary
This week, Equity on the TechCrunch Podcast Network has its usual coverage of venture and startup funding news. Mary Ann talked with Hans Thun, an investor and managing partner of GGVC, a venture firm with over $9 billion in assets under management. when discovered, Darrell and Becca We spoke to Rosie Nguyen, Fanhouse co-founder and CMO, about her journey from content creator to founder and how her experience as a creator influences all of Fanhouse’s product decisions. .
TechCrunch+
TC+ subscribers have access to detailed commentary, analysis, and research. You will know this if you are already a subscriber. If not, please consider signing up. I don’t think you will regret it. Check out this week’s highlights.
Not secondary: Becca reports data this week that shows secondary deals are emerging from this year’s depressed venture market.
Open source startup: Paul Sawers examines this week’s report examining which commercial open source software startups are growing rapidly and raising money.
Go team: Ever wondered which slide is the most important on your startup pitch deck? Why, it’s the team slide, where Haje expresses his surprise at how many startups aren’t telling a good story about their team . Speaking of pitch decks, Haje presents a breakdown of his deck of Laoshi’s $570,000 Angel.
Dear Sophie: Immigration Sophie Alcorn answers your questions.
