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         By
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         Wednesday, January 31, 2024
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               Good afternoon, and welcome back to TechCrunch PM. If you thought this morning was busy, wait until you see what I have in store for you. Today we bring you everything from hacking cryptocurrency to more layoffs to things Mark Zuckerberg said in front of Congress and our usual list of stories you don’t want to miss. Time to dig in.  —
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               TechCrunch PM Top 3
              </h2>
              <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">
                <strong>
                 Hackers steal millions in crypto
                </strong>
               </a>
               : Ripple co-founder Chris Larsen said hackers stole around $112 million of the Ripple-focused cryptocurrency XRP from his crypto wallet. Larsen tweeted that Ripple wasn’t affected by this; however, it is not yet known if the wallet in question was a Ripple wallet.
              </p>
              <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">
                <strong>
                 Put an Oura ring on it
                </strong>
               </a>
               : Finally, the Oura ring feature you’ve been looking for — a way to measure your resilience against stress.
              </p>
              <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">
                <strong>
                 Proofpoint cuts jobs
                </strong>
               </a>
               : Security giant Proofpoint is laying off about 6% of its global workforce, or 280 employees. The company told us the job cuts were to, among other things, “streamline our organization with fewer management layers.”
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            Image Credits: Oura
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               Security!
              </h2>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Lots of news in the security sector today — in case you couldn’t tell from the section above.
              </p>
              <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">
                <strong>
                 Oasis Security leaves stealth
                </strong>
               </a>
               : Armed with $40 million, the Israel-based startup is taking on the Wild West of non-human identity management.
              </p>
              <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">
                <strong>
                 Ivanti patches two zero-days under attack, but finds another
                </strong>
               </a>
               : Ivanti’s disclosure of the new zero-day comes on the same day the company released a patch to protect against the previously disclosed — and subsequently widely exploited — ConnectSecure vulnerabilities.
              </p>
              <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">
                <strong>
                 US disrupts China-backed hacking operation
                </strong>
               </a>
               : Don’t celebrate just yet. The FBI director says China’s hackers are preparing to “wreak havoc” on critical U.S. systems.
              </p>
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            Image Credits: DKosig / Getty Images
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               Mr. Zuckerberg goes to Washington
              </h2>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Meanwhile, our consumer tech team was all over today’s Senate Judiciary Committee hearing
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                on kids’ online safety
               </a>
               . Just before the hearing, companies like
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Microsoft and X pledged their support
               </a>
               to protect children from the dangers of social media.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <strong>
                Other takeaways
               </strong>
               :
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               While being questioned about child privacy settings, Meta CEO Mark Zuckerberg said that
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                teenagers should be able to be content creators
               </a>
               and have the ability to share it widely.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Zuckerberg also pushed back against the notion that Meta should
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                manage parental consent for apps
               </a>
               . Instead, it should be the job of the app store providers, namely Apple and Google.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Snap CEO Evan Spiegel shared that
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                20 million teenagers use Snapchat
               </a>
               in the United States, but only around 200,000 parents use its Family Center supervision controls.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Meanwhile,
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                X CEO Linda Yaccarino
               </a>
               basically said, “No teenagers here.”
              </p>
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            Image Credits: Bryce Durbin/TechCrunch
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               More top reads
              </h2>
              <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">
                <strong>
                 SpaceX will launch the Starlab private space station using Starship
                </strong>
               </a>
               : However, it won’t be right away. Still, it’s progress and comes as Voyager and Airbus finalized their Starlab joint venture earlier this month.
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <strong>
                Down in Africa
               </strong>
               : First, most African neobanks remain in the red despite some showing a profit. Learn what TymeBank, Carbon and FairMoney’s numbers say about
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                neobank profitability in Africa
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Also Google’s
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                first Africa cloud region
               </a>
               is now operational. The Johannesburg region will play an important role in providing the resources that businesses “need to scale, innovate and compete in the global marketplace,” according to Google.
              </p>
              <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">
                <strong>
                 Order up
                </strong>
               </a>
               : The pandemic showed restaurants just how important it was to have an online presence. Owner.com’s co-founders want to help with that and improve online guest experiences for mom-and-pop restaurants.
              </p>
              <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">
                <strong>
                 Neurelo builds connections
                </strong>
               </a>
               : The young company helps developers build links between their database and their programs.
              </p>
              <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">
                <strong>
                 Score one for usage-based billing
                </strong>
               </a>
               : Yesterday, we brought you the battle between consumption and usage-based billing.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                That one was a draw
               </a>
               . Today, learn what happened when Metronome shifted to a usage-based business model.
              </p>
              <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">
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               Join StrictlyVC’s cocktail party in Los Angeles on February 29 to hear from leaders like Meredith Whittaker (president, Signal) and Tekedra Mawakana (co-CEO, Waymo), and connect with top VCs and entrepreneurs. Tickets are $150 —
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