May 1, 2018

WhatsApp CEO Jan Koum is leaving Facebook. It's The Daily Crunch.

THE DAILY CRUNCH
TUESDAY, MAY 1 2018 By Anthony Ha

WhatsApp's founder departs Facebook, Amazon announces a children's book subscription and Iran cuts off access to Telegram. All that and more in The Daily Crunch for May 1, 2018.

1. WhatsApp CEO Jan Koum quits Facebook due to privacy intrusions

Neither Koum nor Mark Zuckerberg got specific about the reasons for his departure, but The Washington Post reports that Koum disagreed with Facebook management about the strategy for data privacy and encryption in WhatsApp.

Koum is also departing Facebook's board of directors.

2. Amazon launches Prime Book Box, a $23 kids' book selection, in its first physical Prime book service

The cost is on top of the Prime membership fee (which is about to go up), but Amazon says you'll be paying 35 percent less than the cumulative cover price for these books.

3. Telegram blocked in Iran as the government orders telecoms to cut off access

An estimated 40 million Iranians — half of the country's population — use Telegram to communicate.

4. Suki raises $20M to create a voice assistant for doctors

Punit Soni said that after stints at Google, Motorola, and Flipkart, he decided to spend time sitting in doctors' offices to figure out what to do next. It was there he discovered one of doctors' biggest pain points: notes and documentation.

5. Twitter announces new video partnerships with NBCUniversal and ESPN

During the company's NewFronts event last night, head of video Kayvon Beykpour said daily video views on the platform have nearly doubled in the past year.

6. Cisco sells part of its NDS video assets, acquired for $5B, to Permira to build a new business

In 2012, Cisco made one of its biggest-ever acquisitions when it acquired video and security specialist NDS for $5 billion. Now, the company is selling part of that business to one of its previous owners.

7. SoFi founder Mike Cagney is back with a new startup and $50 million in funding

Cagney was forced out of SoFi last summer, not long after a sexual harassment lawsuit was filed by a former employee who claimed he'd witnessed female employees being harassed by managers and was fired after he reported it.

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