LastPass hacked, OpenAI opens entry to ChatGPT, and Kanye will get suspended from Twitter (once more) • TechCrunch

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Aaaaand we’re again! With our Thanksgiving mini-hiatus behind us, it’s time for an additional version of Week in Evaluation — the e-newsletter the place we rapidly wrap up probably the most learn TechCrunch tales from the previous seven(ish) days. Regardless of how busy you’re, it ought to provide you with a fairly good thought of what individuals have been speaking about in tech this week.

Need it in your inbox each Saturday morning? Join right here.

most learn

Instafest goes instaviral: You’ve most likely been to an excellent music pageant earlier than. However have you ever been to at least one made only for you? Most likely not. Instafest, an internet app that went tremendous viral this week, helps you daydream about what that pageant may appear like. Sign up together with your Spotify credentials and it’ll generate a promo poster for a fake pageant based mostly in your listening habits.

LastPass breached (once more): “Password supervisor LastPass stated it’s investigating a safety incident after its programs have been compromised for the second time this yr,” writes Zack Whittaker. Investigations are nonetheless underway, which sadly means it’s not tremendous clear what (and whose) knowledge may’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-generation AI via a easy chat-style interface. In different phrases, it permits you to generate (generally scarily well-written) passages of textual content by chatting with a robotic. Darrell used it to immediately write the Pokémon cheat sheet he’s all the time needed.

AWS re:Invents: This week, Amazon Internet Companies hosted its annual re:Invent convention, the place the corporate exhibits off what’s subsequent for the cloud computing platform that powers a large chunk of the web. This yr’s highlights? A low-code device for serverless apps, a pledge to offer AWS prospects management over the place on the earth their knowledge is saved (to assist navigate more and more difficult authorities insurance policies), and a device to run “city-sized simulations” within the cloud.

Twitter suspends Kanye (once more): “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: Every year in December, Spotify ships “Wrapped” — an interactive characteristic that takes your Spotify listening knowledge for the yr and presents it in an excellent visible means. This yr it’s bought the easy stuff like what number of minutes you streamed, but it surely’s additionally branching out with concepts like “listening personalities” — a Myers-Briggs-inspired system that places every person into one in all 16 camps, like “the Adventurer” or “the Replayer.”

DoorDash layoffs: I hoped to go per week and not using a layoffs story cracking the listing. Alas, DoorDash confirmed this week that it’s shedding 1,250 individuals, with CEO Tony Xu explaining that they employed too rapidly through 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 “determined to return to [his] entrepreneurial roots.”

audio roundup

I anticipated issues to be a little quiet in TC Podcast land final week due to the vacation, however we in some way nonetheless had nice exhibits! Ron Miller and Rita Liao joined Darrell Etherington on The TechCrunch Podcast to speak in regards to the departure of Salesforce’s co-CEO and China’s “nice wall of porn”; Group Chain Response shared an interview with Nikil Viswanathan, CEO of web3 improvement platform Alchemy; and the ever-lovely Fairness crew talked about every little 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.

TechCrunch+

What lies behind the TC+ members-only paywall? Right here’s what TC+ members have been studying most this week:

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

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

Fundraising in occasions of better VC scrutiny: “Founders could also be discouraged on this surroundings, however they should do not forget that they’ve ‘foreign money,’ too,” writes DocSend co-founder and former CEO Russ Heddleston.

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