Hello Hello! Greg is here again with Week in Review, the newsletter where we quickly summarize the most read australiabusinessblog.com stories from the last seven days. Too busy to read tech news? WiR should give you a pretty good idea of what people were reading/talking/tweeting.
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Oh! And before we dive in, a bit of a plug: I’ve heard we still have a handful of “Founder” tickets left for the TC Early Stage event coming to Boston next year. These tickets allow current/future founders to attend the (seriously excellent) event for just $149, and let us cut that down to $75 for Week in Review readers. Get them here while supplies last.
Twitter vs. ElonJet: Another wild one on Twitter this week. First came the news that @ElonJet, an account that tracked the whereabouts of Elon’s private jet, had been suspended. Then Twitter competitor Mastodon’s official account was suspended (with links to Mastodon marked as “potentially harmful”) shortly after posting about said jet trackers. Then a bunch of tech reporters were all suspended, at least a few of whom had tweeted about the jet tracker ordeal. And then – yes, there is more! – Elon joined a Twitter Space with a handful of the named suspended reporters (with Twitter Spaces apparently not recognizing/respecting the suspensions); after a few minutes of asking, Elon left the session and the full Twitter Spaces feature was taken offline.
SBF arrested: Sam Bankman-Fried, founder of the FTX cryptocurrency exchange/Gordian knot that exploded so dramatically in recent months, was arrested this week in the Bahamas. Shortly thereafter, the U.S. Securities and Exchange Commission announced that it was officially indicting SBF for defrauding investors, and investigations into other charges are ongoing.
OpenAI wants to watermark the things the AI writes: “Did a human write that, or ChatGPT?” asks Kyle Wiggers. “It can be hard to say – maybe too hard, the creator OpenAI thinks, which is why it’s working on a way to ‘watermark’ AI-generated content.”
NSA warns of exploits in popular network equipment“The U.S. National Security Agency warns that Chinese government-backed hackers are exploiting a zero-day vulnerability in two widely used Citrix networking products,” writes Carly Page. The flaw, which Citrix confirms is actively exploited, allows hackers to execute malicious code on devices commonly found on corporate networks.
iOS 16.2: This week, Apple released the latest version of iOS and Ivan Mehta took a look at some of its best features, from end-to-end encryption of more iCloud data, a karaoke mode for Apple Music, and the public rollout of the “infinite whiteboard collaboration app, Freeform.
Instagram is getting text-only messages: Ever wish you could post to Instagram without having to take a picture? No? Me neither. But Instagram added a text-focused option this week, and it’s at least proving popular enough to crack our list of top posts — or, more likely, people google what the heck this new Instagram “Notes” thing is and end up on our site . Be that as it may, they kind of remind me of old-fashioned AIM status messages – they’re short, ephemeral updates that live in your DMs rather than the main feed (see image below).
The Equity crew may not be psychic, but they are very, all smart – and this week, after a few absurdly unpredictable years, they gave it a shot make some predictions around 2023. The Found it podcast, meanwhile, chatted with Tiny Health founder Cheryl Sew Hoy about the importance of the gut microbiome — especially how having a good gut microbiome as a baby can help stave off chronic health problems down the road.
TC+ is the premium, members-only area of the site where we can take a break from the news cycle and dig a little deeper into some of the things our readers tell us they like best. Here’s what TC+ members read the most this week:
The one slide that 99% of founders get wrong: Between his time as a reporter, a VC, and a startup pitch coach, Haje has looked at more pitch decks than just about anyone I know. The most common error he sees? It’s all about ‘the question’.
How much money do you need to raise for your startup?: It’s a double Haje feature this week, with his second most popular post addressing an all-too-common question: When it’s time to raise money for a startup, how much is the right amount?