Happy Monday! One unexpected 2nd order consequence of the SVB collapse - Brex has seen such an inflow of new companies opening accounts that they've decided to devalue cash redemptions and airline transfer points by 40%.

Highlight of the day

Wealthfront launched zero-commission stock investing. The feature focuses heavily on simplified stock discovery with 'stock collections' and 'related investments'. It's a natural extension for the company from its passive investing and high-yield savings account products.

Features & products hot off the press

Big tech

• Microsoft adds ChatGPT to its Azure OpenAI service 

• Microsoft launches a hybrid quantum and classical computing feature 

• YouTube eases monetization restrictions on swearing in videos

• Uber lets drivers and riders in Canada record audio of their trips

• Meta works on a decentralized text-based social network app

General and early-stage

• Grammarly adds ChatGPT-like AI to create text in a users style 

• Credit Karma ships a net worth management feature 

• Roku adds local news, more live sports, and a new mobile app

• Roku partners with Best Buy on first-party sales data

• Gowalla launches its location-based networking app 

Other good finds

• Sweat the details. Commandments for a career in product

• To the rescue. US government to protect all SVB depositors

• Bad apple. Cerebral admits to sharing patient data with ad firms

Twitter nugget

Thanks for reading! If you've got any comments or feedback, please hit reply - I'd love to hear from you :)

- Amol