Days after announcing plans to cut 10K jobs, Microsoft invests billions more in OpenAI

TechCrunch Newsletter [TechCrunch logo]( [The Daily Crunch logo]( By [Christine Hall]( and [Haje Jan Kamps]( Monday, January 23, 2023 Happy new week! Did you know that TechCrunch has a bunch of amazing newsletters that aren’t this one? If you’re into transportation, don’t miss [Kirsten](’s [The Station](. [Greg]( writes our weekly [Week in Review]( (with [Kyle]( currently filling in while Greg is on paternity leave); [Sarah]( does the [This Week in Apps]( newsletter; [Mary Ann]( writes [The Interchange](, which is our fintech newsletter; and [Darrell]( does the [TechCrunch Podcast](, which is kind of like a weekly newsletter, but for the holes on the side of your head, rather than the front ones. And there are even more than that, so [go get ’em](! — [Christine]( and [Haje]( [ image] Image Credits: OpenAI The TechCrunch Top 3 - [Brian may have found the perfect MacBook](: [Brian]( gives us the ins and outs of the new Apple MacBook Pro 14-inch M2 Max, in which he writes, “It’s a reaffirmation of the ‘Pro’ in MacBook Pro: chunky, heavy, blazingly fast, full of ports and packed with the best the company has to offer.” This might be the 2023 version of “Mikey likes it!” Meanwhile, [Matt]( reviews the [2023 Mac Mini](, what he calls “a serious contender with the M2 Pro. - [Sounds like more layoffs](: Another tech company reveals that its eyes were bigger than its stomach when it comes to hiring. This time, Spotify is the one cutting jobs, [Romain]( reports. The music streaming company will lay off about 600 people, or 6% of its workforce. - [Give ’em something to ChatGPT about](: After much speculation, Microsoft confirmed that it will invest an undisclosed number of billions in OpenAI, thus extending the companies’ partnership.[Kyle]( has more. [How to Supercharge Your Analytics with GPT Language Models]( Sponsored by [Sisense]( [Learn how to use GPT to save time and effort from your operational analytics processes and gain more insight. By tightly integrating GPT with your analytics tooling you can empower teams to segment and slice data in new ways, on-the-fly.]( [Read More]( Startups and VC TechCrunch Live is entering its third season, and [Matt]( is, frankly, ludicrously psyched to be leading the events again this year. The first event is on February 1, 2023, and will feature a timely discussion on [what to do if your company can’t raise a Series A.]( Cambly’s Sameer Shariff and Benchmark’s Sarah Tavel are speaking at the first one — stay tuned for what’s coming down the pike! And we have five more for you: - That’s a big deel, y’all: Remote work revolution is rolling along, and helping [Deel reach $295 million in ARR](, [Mary Ann]( writes. - That’s reinsuring: [Christine]( reports that Bling Capital–backed [Coverdash unveils its embedded, digital insurance](for small businesses. - Om nom nom: [Anna]( reports how, with a focus on patients with chronic illness, [Nourish hopes to help Americans eat better](. - I wonder what the due diligence was on that deal: Thoma Bravo agrees to acquire digital forensics firm [Magnet Forensics for over $1 billion](, reports[Kyle](. - Selecting the cream of the crop:[GoodOnes raises money]( to help make sense of your mess of a camera roll,[Haje]( reports. [Failures are valuable IP: Protect your startup’s negative trade secrets]( Patent applications and GitHub codespaces are obvious pieces of intellectual property, but so are the embarrassing mistakes and dead ends that every company encounters. Rivals can learn a lot from competitors’ failed A/B tests, unsuccessful email campaigns and wasted engineering cycles, writes Eugene Y. Mar and Thomas J. Pardini, attorneys with Farella Braun + Martel LLP in San Francisco. In this post, they offer advice for safeguarding your “negative know-how,” along with general tips for defining and managing trade secrets. Three more from the TC+ team: - Raindrops keep falling on my SaaS:[Tech forgot its umbrella](, writes[Natasha M](. - It’s not quite that simple: [Dominic-Madori]( is [debunking the myths of why venture investors don’t fund diverse startups](. - Quite a catch: [Christine]( spoke with four investors about the next [big wave for alternative seafood startups](. [TechCrunch+]( is our membership program that helps 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! [Read More]( [Failures are valuable IP: Protect your startup’s negative trade secrets image] Image Credits: dem10 / Getty Images Big Tech Inc. Just when Salesforce thought it was safe to go back in the water, the company now has an activist investor coming in and taking a multibillion-dollar stake. [Ron]( writes that while[Elliott Management is looking forward to working with Salesforce](, there could be something else behind it: “Elliott typically takes a stake in a company to make changes in the way the company operates with the goal of cutting costs and increasing shareholder value. In some cases, it tries to push CEO changes or even sell the company, although that seems less likely in this case.” You be the judge. And we have five more for you: - No remittance for you:[SBM Bank India was told by the India central bank]( to stop outward remittance transactions,[Manish]( reports. - Find love while binge-watching “Emily in Paris”:[ Netflix and Bumble are working together]( to help users bond over popular TV shows,[Lauren]( writes. - Game on: [Devin]( tells us his experience playing[Forspoken](. - Sinking its clause into payment terms: An antitrust investigation in Germany has it [looking into PayPal’s terms for merchants](.[Natasha L]( has more. - Don’t throw anything away: [Tim]( rounds up all the climate tech news that’s fit to post, including [food waste, wastewater and the UK’s troubled battery industry](. [Read more stories on TechCrunch.com]( Newest Jobs from Crunchboard - [SaaS Product Designer (full-time remote, America & Europe) at Baymard Institute (Anywhere)]( - [Epic BI Developer (Remote) at Yakima Valley Farm Workers Clinic (Toppenish, WA, USA)]( - [Senior Data Center Infrastructure Engineer at Pennsylvania Turnpike Commission (New Stanton, PA, USA)]( - [FOUNDATION RELATIONS ASSOCIATE at Catalyst California (Los Angeles, CA, USA)]( - [Principal software engineer (SQL API) at Cube Dev (San Francisco, CA, USA)]( [See more jobs on CrunchBoard]( [Post your tech jobs]( and reach millions of TechCrunch readers for only $200 per month. [Facebook]( [Twitter]( [Youtube]( [Instagram]( [Flipboard]( [View this email online in your browser]( [Privacy Policy]( | [Terms of Service]( | [Unsubscribe]( © 2023 Yahoo. All rights reserved. 110 5th St, San Francisco, CA 94103