Why hello, beautiful humans, wherever you are! Come to think of it, we bet there's probably a bunch of AIs reading this newsletter too. So, hello, you kindhearted and beautiful AIs as well.
Today we're starting Black History Month in style by reading Oprah's 31 Black History facts and committing to (re-)reading Layla Saad's Me and White Supremacy. It's a hell of a read. — Christine and Haje
The TechCrunch Top 3
The sharing don't care: We've all read by now that Netflix doesn't want you sharing the account of your household members. And on Tuesday, the company defined the rules and the exemptions in terms of not sharing an account, telling how each person is categorized, Ivan reports. Meanwhile, the streaming giant Premium is getting benefits improved, with over 700 titles offering spatial audio, along with more download devices from now on. Lauren has the scoop:.
Really give 'em something to ChatGPT about: We teased you last month that this would be happening, but OpenAI officially launched ChatGPT Plus, which starts at $20 per month, Kyle writes. Only available in the U.S. for now, but there is a waitlist. Also, he reports OpenAI released a tool to detect AI-generated text.
Land value: It's property appraisal time at the Christine Hall household — we wait with bated breath to see whether this year's property taxes will be thousands or tens of thousands. ValueBase, which finds investment from the Hydrazine of Sam Altman, is trying to flip property appraisal on its head by bringing technology to a process that's long been done with pen and paper and valuing the land it sits on first. Connie writes about the company's seed round of $1.6 million.
Startups and VC
A reminder that sometimes a firm's services lie in the mercy of state governments in the country, Pakistan has "degraded" Wikipedia in the country for 48 hours for not removing "sacrilegious contents" and warned of fully blocking the site if the online encyclopedia fails to comply with the directions, Manish reports. The nation's telecom regulator said it had approached Wikipedia to block or remove certain "blasphemous" content by issuing court orders but that the online encyclopedia neither complied nor appeared before the authority.
And now for something completely different:
Once more Indo(nesia) the breach: MUFG, Japan's largest bank, launches a $100 million fund for Indonesian startup, reports Catherine.
Acquirition In grasp: Amanda reports Meta prevails in FTC's ruling to move forward on purchase of VR startup Within.
Hvadafornoe.: Ivan writes Waverly Labs unveils translation app called Forum, supports 20 languages.
Ashes to ashes: A new tool for Empathy, using AI to compose obituaries; Kyle says not too shabby.
Climate, meet risk: Paul writes that Risilience, a climate analytics and risk assessment platform for enterprises, has raised $26 million.
Learn growth marketing to yourself: Which metrics really matter?
For the final article in a five-part series, growth marketing expert Jonathan Martinez shares the key metrics he tracked at Coinbase and Uber, along with a framework for activating and retaining early adopters who drive revenue.
Obvious things to track KPIs such as lifetime value and customer acquisition cost, so the article includes a framework that will identify which channels and customers drive the most revenue.
"Find the reasons that make your product or service 'sticky,' and you will save a lot of time," writes Martinez.
Teach yourself growth marketing: Which metrics really matter?
Three more from the TC+ team:
Not blocking this enterprise chain: Jacquelyn writes that hybrid use cases for enterprise blockchain may mean a lot more adoption.
This will send you into orbit: Paul takes a long look at which open source startups rocketed in 2022.
All charged up with capital: Battery startup Our Next Energy grabs $300 million to build gigafactory, Tim reports.
TechCrunch+ is our membership program to help founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription!
Big Tech Inc.
Back in 2021, Tesla invested $1.5 billion in bitcoin with the belief in longevity of cryptocurrency. In fact, it was all set to accept bitcoin as payment for its vehicles. Fast-forward to today, and the company not only put the acceptance of bitcoin on the shelf, but also began selling off its holdings. Tesla has now recorded a $204 million loss from bitcoin in 2022, Rebecca reports. Meanwhile, Coinbase's asset recovery tool "saved Haje's bacon" after he spent years trying to recover some of his coins, he writes.
And we have five more for you:
Worth the wait: “Black Panther: Wakanda Forever” is now streaming on Disney+, Lauren reports.
More layoffs for Rivian: The electric vehicle maker is cutting another 6% of its workforce, Kirsten writes.
I wear my AR glasses at night: Snap teases us with future AR glasses powered by generative AI, Sarah writes.
That’s got a “Bing” to it: Microsoft plans to update Bing with a faster version of ChatGPT, Aisha reports.
Deliveries that don't deliver: Natasha L writes that a Poland watchdog group is investigating Amazon's sales conditions and delivery dates to determine if the company is purposefully deceiving consumers as to how long it will take for their package to be delivered.