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

Aaaaand we’re again! With our Thanksgiving mini-hiatus behind us, it’s time for one more version of Week in Review — the e-newsletter the place we shortly wrap up essentially the most learn Thealike tales from the previous seven(ish) days. No matter how busy you’re, it ought to offer you a reasonably good concept of what folks have been speaking about in tech this week.

Want it in your inbox each Saturday morning? Sign up right here.

most learn

Instafest goes instaviral: You’ve most likely been to a fantastic music competition earlier than. But have you ever been to 1 made only for you? Probably not. Instafest, an online app that went tremendous viral this week, helps you daydream about what that competition would possibly appear to be. Sign in along with your Spotify credentials and it’ll generate a promo poster for a fake competition based mostly in your listening habits.

LastPass breached (once more): “Password manager LastPass said it’s investigating a security incident after its systems were compromised for the second time this year,” writes Zack Whittaker. Investigations are nonetheless underway, which sadly means it’s not tremendous clear what (and whose) information would possibly’ve been accessed.

ChatGPT opens up: This week, OpenAI extensively opened up entry to ChatGPT, which helps you to work together with their new language-generation AI by means of a easy chat-style interface. In different phrases, it helps 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 wished.

AWS re:Invents: This week, Amazon Web Services hosted its annual re:Invent convention, the place the corporate reveals off what’s subsequent for the cloud computing platform that powers an enormous chunk of the web. This 12 months’s highlights? A low-code instrument for serverless apps, a pledge to present AWS prospects management over the place on this planet their information is saved (to assist navigate more and more sophisticated authorities insurance policies), and a instrument 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 rules,” writes Ivan Mehta.

Spotify Wraps it up: Each 12 months in December, Spotify ships “Wrapped” — an interactive function that takes your Spotify listening information for the 12 months and presents it in a brilliant visible method. This 12 months it’s received 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 every of 16 camps, like “the Adventurer” or “the Replayer.”

DoorDash layoffs: I hoped to go every week with no layoffs story cracking the checklist. Alas, DoorDash confirmed this week that it’s shedding 1,250 folks, with CEO Tony Xu explaining that they employed too shortly through the pandemic.

Salesforce co-CEO steps down: “In one week last December, [Bret Taylor] was named board chair at Twitter and co-CEO at Salesforce,” writes Ron Miller. “One year later, he doesn’t have either 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 due to the vacation, however we by some means nonetheless had nice reveals! Ron Miller and Rita Liao joined Darrell Etherington on The Thealike Podcast to speak concerning the departure of Salesforce’s co-CEO and China’s “great wall of porn”; Team Chain Reaction shared an interview with Nikil Viswanathan, CEO of web3 growth platform Alchemy; and the ever-lovely Equity 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.

Thealike+

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

Lessons for elevating $10M with out giving up a board seat: Reclaim.ai has raised $10 million over the past two years, all “without 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 venture capital funds launching now?” asks Rebecca Szkutak.

Fundraising in occasions of better VC scrutiny: “Founders may be discouraged in this environment, but they need to remember that they have ‘currency,’ too,” writes DocSend co-founder and former CEO Russ Heddleston.