Netflix crackdown, ChatGPT monetization and FB 2FA bypass TechCrunch
Have a great weekend and welcome back to TechCrunch Weekly Review. Henry is here, representing the vacationing Kyle Wiggers, who is representing Greg Kumparak who is about to leave his parents. Look, we’ve got a deep bench, and you’ll both be back soon. Until then, check out some of the top stories of the week.
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Netflix’s password-sharing crackdown: The streaming giant has grown tired of its customers sharing passwords with friends and loved ones around the world. So this week it published guidelines designed to keep passwords close to home. Literally inside the walls of the account holder’s residence.
GPT Earning Chat: OpenAI this week launched a test subscription for its text-generating AI. For $20 a month, subscribers get access to more than what the grassroots get: access to ChatGPT during peak hours, faster response times, and priority access to features and new improvements.
Human or AI?: That’s the question and obviously OpenAI wants to help. The company has launched a tool designed to distinguish between human-written and AI-generated text, but the success rate is only about 26%. However, OpenAI has said that when used with other methods, it can help prevent abuse of the AI text generator.
Bypass FB 2FA: Meta has created a new centralized system so users can manage their logins for Facebook and Instagram, but a bug could allow malicious hackers to turn off 2FA just by knowing the user’s phone number . Sorry. A security researcher from Nepal discovered this bug and reported it to the Meta Account Center last September. And he got paid.
Salesforce laid off: In January, the company announced it was about to cut 10% of its workforce. However, not everyone was informed at the time. This week, hundreds of company employees found out the fate of their jobs.
“Spill Tea”: Alphonzo “Phonz” Terrell lost his job at Twitter as the company’s head of global editorial & Social Affairs three months ago and quickly got to work on a new app. Called Spill, the app attracted a seed round and 60,000 pre-orders. The app will launch in alpha in the first quarter of this year.
Google Fi Violation: The company says its mobile network provider, Google Fi, has confirmed a data breach that, based on the time of notification, is likely related to a recent security incident at T-Mobile that allowed information to be breached. Hackers steal information of millions of customers.
This week in addition to the TechCrunch Podcast Network, Fair covers the usual startup and venture capital news, and Mary Ann talk to Han Tunginvestors and managing partners of GVC, a joint venture with over $9 billion in assets under management. ABOVE Establish, Darrell And becca spoke with Rosie Nguyen, Co-Founder and CMO of Fanhouse, about her journey from content creator to founder and what her experience is as an influencer creator. to all product decisions at Fanhouse.
TC+ subscribers get access to in-depth commentary, analysis, and surveys — things you’d know if you were already a subscriber. If you don’t, consider signing up. I doubt you will regret it. Just check out the highlights from this week:
Not quite the second: Becca reported on data this week showing secondary trades exiting this year’s downturned risk market.
Open source startup: Paul Sawers reviewed a report this week that explores which commercial open source software startups are growing fast and raising cash.
Follow the team: Ever wondered which slide is the most important slide in a startup’s presentation? Why, it was the team’s slip, and Haje expressed his surprise at how many startups don’t tell a good story about their team. And speaking of pitch deck, Haje brings Laoshi’s $570K Angel Deck trouble for you.
To Sophie: Immigration Sophie Alcorn answers question H-1B and what other immigration changes can we expect this year?