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        <p style="color: #5a5a5a; font-size: 18px; line-height: 28px; margin: 0;">
         By
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          Christine Hall
         </a>
         and
         <a style="font-family: Helvetica, Arial; color: #14c435; text-decoration: none;" target="_blank">
          Haje Jan Kamps
         </a>
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        <p style="color: #5a5a5a; font-size: 18px; line-height: 28px; margin: 0;">
         Wednesday, January 18, 2023
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               Helloooo, Crunchers! The heavy goods train of tech news keeps on rollin’ down (and sometimes off) the tracks.
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              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Apropos tracks, we’ve been a little besotted with
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                this absolutely magnificent music video of Ren this week
               </a>
               . It’s full of surprises and powerful bits — give yourself a 9-minute break and give it a listen!  —
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Christine
               </a>
               and
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Haje
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            Image Credits: GoMechanic
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              <h2 style="text-align: left; font-size: 25px; color: #14c435; margin: 0; padding-bottom: 10px;">
               The TechCrunch Top 3
              </h2>
              <ul style="font-family: Helvetica, Arial;font-weight: normal;font-size: 19px;color: #333;line-height: 1.5em;padding-left: 20px;margin-bottom: 20px">
               <li style="margin-bottom: 8px">
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 <strong>
                  More layoffs
                 </strong>
                </a>
                : Sequoia-backed GoMechanic is the latest to make sweeping layoffs after funding didn’t materialize in time,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Manish
                </a>
                reports. The India-based auto services company is cutting 70% of its workforce. But wait, there’s more: GoMechanic’s founders misstated financials to investors with GoMechanic co-founder Amit Bhasin saying the startup made “grave errors in judgment as we followed growth at all costs, particularly in regard to financial reporting, which we deeply regret.”
               </li>
               <li style="margin-bottom: 8px">
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 <strong>
                  Can your robot do this?
                 </strong>
                </a>
                : In Boston Dynamics’ latest Atlas video, we see its robot running, jumping and now grabbing and throwing things via the use of hands.
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Matt
                </a>
                shares more.
               </li>
               <li style="margin-bottom: 8px">
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 <strong>
                  If you’ve never seen a car that looks like its name, you have now
                 </strong>
                </a>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Romain
                </a>
                has your look at Kate, a new French carmaker developing tiny cars for your everyday use, from driving to work to driving on the beach. They remind us of a really fast golf cart only cuter.
               </li>
              </ul>
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              <h2 style="text-align: left; font-size: 25px; color: #777; margin: 0;">
               <a style="color: #777; text-decoration: none" target="_blank">
                What is Revenue Lifecycle Management?
               </a>
              </h2>
              <h3 style="margin: 0; margin-top: 6px; margin-bottom: 8px; color: #14c435; font-family: Helvetica, Arial; font-size: 20px; font-weight: normal;">
               Sponsored by
               <a style="color: #14c435; text-decoration: none" target="_blank">
                Conga
               </a>
              </h3>
              <p style="font-family: Helvetica, Arial; text-align: left; color: #333; font-size: 19px; line-height: 27px; margin: 0; margin-bottom: 15px">
               <a style="font-family: Helvetica, Arial; text-align: left; text-decoration: none; color: #333; font-size: 19px; line-height: 27px; margin: 0; margin-bottom: 15px" target="_blank">
                Sometimes navigating contracts can feel like a never-ending maze. At Conga, we help you automate and simplify each stage of the contract lifecycle with products for document creation, lifecycle management, and quote generation.
               </a>
              </p>
              <p style="text-align: left; color: #333; font-size: 19px; font-weight: bold; line-height: 26px; margin: 35px 0 15px;">
               <a style="background: #777; color: white; padding: 12px 18px; text-decoration: none" target="_blank">
                Read More
               </a>
              </p>
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              <h2 style="text-align: left; font-size: 25px; color: #14c435; margin: 0; padding-bottom: 10px;">
               Startups and VC
              </h2>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               In a press conference on Wednesday, the U.S. Department of Justice announced that it has
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                arrested Anatoly Legkodymov, founder of crypto exchange Bitzlato
               </a>
               , for allegedly processing over $700 million of illicit funds,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Amanda
               </a>
               reports. “Overnight, the Department worked with key partners here and abroad to disrupt Bitzlato, the China-based money-laundering engine that fueled a high-tech axis of cryptocrime, and to arrest its founder, Russian national Anatoly Legkodymov,” said Deputy Attorney General Lisa O. Monaco.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               There’s a bunch more stuff happening in the world of startups today:
              </p>
              <ul style="font-family: Helvetica, Arial;font-weight: normal;font-size: 19px;color: #333;line-height: 1.5em;padding-left: 20px;margin-bottom: 20px">
               <li style="margin-bottom: 8px">
                <strong>
                 Well oil’ll say
                </strong>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Kirsten
                </a>
                reports that
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Shell snaps up EV charging operator Volta
                </a>
                for $169 million.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 It’s not like we could remember our passwords anyway
                </strong>
                : Open source password management company
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Bitwarden acquires Passwordless.dev
                </a>
                to help companies authenticate users without passwords,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Paul
                </a>
                reports.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 PayPal Ventures buys now, hopes it will pay back later
                </strong>
                : Buy now, pay later company
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Tabby raises $58 million at a $660 million valuation
                </a>
                as PayPal Ventures deploys its first investment into the GCC,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Tage
                </a>
                reports.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 BainFund
                </strong>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Kate
                </a>
                reports that the
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 P2P lending platform PeopleFund raises $20 million
                </a>
                in a Series C extension round led by Bain Capital.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Ta-daaa! Money for you
                </strong>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Amanda
                </a>
                reports that
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Goldenset launches out of stealth to make equity investments in creators
                </a>
                .
               </li>
              </ul>
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               <a style="color: #14c435; text-decoration: none" target="_blank">
                Dear Sophie: What are some fast options for hiring someone on an expiring grace period?
               </a>
              </h2>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Dear Sophie,
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               I’m a co-founder of a very early-stage startup. My co-founder and I are considering bringing on a third co-founder, who was recently laid off. She is currently in the United States on an H-1B with a grace period that will expire soon.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               What are the fastest, least risky immigration options that we should consider? What’s going on with potential increases to USCIS filing fees?
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               — Careful Co-founder
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Three more from the TC+ team:
              </p>
              <ul style="font-family: Helvetica, Arial;font-weight: normal;font-size: 19px;color: #333;line-height: 1.5em;padding-left: 20px;margin-bottom: 20px">
               <li style="margin-bottom: 8px">
                <strong>
                 Losing the horn
                </strong>
                :
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 VCs think majority of unicorns aren’t worth $1 billion anymore
                </a>
                , by
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Becca
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Leaning into that midday energy
                </strong>
                :
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Noon Energy brings Mars tech down to Earth with carbon-oxygen battery system
                </a>
                ,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Tim
                </a>
                writes.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Let’s spreadsheet this out, shall we
                </strong>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Anna
                </a>
                puts numbers on
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 the global venture slowdown
                </a>
                .
               </li>
              </ul>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                <em>
                 TechCrunch+
                </em>
               </a>
               <em>
                is our membership program that helps founders and startup teams get ahead of the pack.
               </em>
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                <em>
                 You can sign up here
                </em>
               </a>
               <em>
                . Use code “DC” for a 15% discount on an annual subscription!
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               Big Tech Inc.
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              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               The layoffs just keep coming in Tech World. The latest is
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Microsoft, which announced 10,000 job cuts
               </a>
               , reports
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Paul
               </a>
               . The company has already made some layoffs last year, but this latest one accounts for a sizable chunk of its workforce — 5%. CEO Satya Nadella echoed other tech companies making layoffs recently in saying that the company accelerated its growth as customers grew, but when that slowed down, Microsoft had to do the same.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Cybersecurity company Sophos is making a similar move,
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                laying off 450 employees globally
               </a>
               , or about 10% of its employees,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Jagmeet
               </a>
               reports.
              </p>
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               Meanwhile, in happier news,
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                Apple has a brand-new HomePod
               </a>
               with better sound and “smarts,”
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Darrell
               </a>
               writes. And now that you know this,
               <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                Brian
               </a>
               has some
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                thoughts on the newly returned smart speaker
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Here’s five more for you:
              </p>
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               <li style="margin-bottom: 8px">
                <strong>
                 Get the skinny on OpenAI
                </strong>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Connie
                </a>
                ’s conversation last week with OpenAI CEO Sam Altman continues to yield all sorts of juicy details, this time about the
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 company’s deal with Microsoft
                </a>
                . Altman confirmed that was not an exclusive pact, she writes.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 This message brought to you by…
                </strong>
                :
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 TikTok now has a “state-controlled media
                </a>
                ” label in 40 more countries to show “whose ‘editorial output or decision-making process’ is subject to influence by a government,”
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Sarah
                </a>
                writes.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 If you’re feeling Blue
                </strong>
                : Twitter now offers an
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 annual Blue subscription
                </a>
                for those hardcore users,
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Ivan
                </a>
                reports.
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 A tribute
                </strong>
                :
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Brian
                </a>
                gives a final salute to Google Stadia, which
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 shut down today
                </a>
                .
               </li>
               <li style="margin-bottom: 8px">
                <strong>
                 Another go at it
                </strong>
                : For the second time in six months,
                <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                 Mailchimp says it was hacked
                </a>
                .
                <a rel="noopener" style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none" target="_blank">
                 Zack
                </a>
                has more on what happened this time.
               </li>
              </ul>
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                 Cloud Production Engineer at IEEE (Piscataway, NJ, USA)
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