Nate Mitchell leaves Facebook, Twitter tests a way to follow topics and WeWork reveals financial details. Here's your Daily Crunch for August 14, 2019. 1. Facebook is losing its last Oculus co-founder Nate Mitchell, the final Oculus co-founder remaining at Facebook, announced in an internal memo that he's leaving the company and "taking time to travel, be with family, and recharge." His role within the company has shifted several times since Oculus was acquired, but his current title is head of product management for virtual reality. This follows the departures of former Oculus CEO Brendan Iribe and co-founder Palmer Luckey. 2. Twitter tests ways for users to follow and snooze specific topics The company isn't getting rid of the ability to follow other users, but it announced yesterday that it will start pushing users to start following topics as well, which will feature highly engaged tweets from a variety of accounts. 3. WeWork's S-1 misses these three key points WeWork just released its S-1 ahead of going public, but Danny Crichton argues we still don't know the health of the core of the company's business model or fully understand the risks it is undertaking. (Extra Crunch membership required.) 4. CBS and Viacom are merging into a combined company called ViacomCBS The move is, in some ways, a concession to a turbulent media environment driving large-scale M&A, with AT&T buying Time Warner and Disney acquiring most of Fox — both deals are seen as consolidation in preparation for a streaming-centric future. 5. Nvidia breaks records in training and inference for real-time conversational AI Nvidia's GPU-powered platform for developing and running conversational AI that understands and responds to natural language requests has achieved some key milestones and broken some records, with big implications for anyone building on their tech. 6. Corporate carpooling startup Scoop raises $60 million Scoop, which launched back in 2015, is a corporate carpooling service that works with the likes of LinkedIn, Workday, T-Mobile and more than 50 other companies to help their employees get to and from work. 7. Domino's launches e-bike delivery to compete with UberEats, DoorDash Domino's will start using custom electric bikes for pizza delivery through a partnership with Rad Power Bikes. |
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