TechCrunch Master Template TechCrunch Newsletter
| | | | | Thursday, October 24, 2019 ⢠By Anthony Ha |
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Happy Thursday Twitter reports a big revenue miss, Mark Zuckerberg defends Facebook’s plans for Libra and we’ve got the full agenda for Disrupt Berlin. Here’s your Daily Crunch for October 24, 2019. |
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| Twitter said the huge drop in performance âwas impacted by revenue product issues, which we believe reduced year-over-year growth by approximately 3 or more percentage points, and greater-than-expected seasonality.” The company has made a significant shift in the last year to tracking a new user metric of its own making â monetizable daily active users, which is the number of users who are being served ads. More established metrics like daily and monthly active users have stagnated and even declined in recent years. Read more |
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| âI donât control Libraâ was the central theme of Facebook CEO Mark Zuckerbergâs testimony yesterday, while the House of Representatives unleashed critiques of his approach to cryptocurrency, privacy, encryption and running a giant corporation. Read more |
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| Disrupt Berlin will run on December 11 and December 12, when weâll sit down with CEOs from big-name companies such as Away, UIPath and Naspers, as well as leading investors from Atomico, SoftBank and GV. (Tickets are available here.) Read more |
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| If you thought storming into a highly secured government facility with your electronics but without permission was a smart idea, youâd be wrong. But that didnât stop Rep. Matt Gaetz and close to three-dozen of his Republican colleagues from doing exactly that. Read more |
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| The companyâs shareholders have approved a merger with Chamath Palihapitiyaâs special Social Capital Hedosophia holding company, with a debut on the NYSE for the newly merged public entity scheduled for Monday. Read more |
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| Tines automates many of the repetitive manual tasks faced by security analysts so they can focus on other high-priority work. The founders have bootstrapped the company until now. Read more |
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| During the company’s earnings call, outgoing CEO John Donahoe said that McDermott met all of the boardâs criteria for its next leader â all in the service of building toward a $10 billion revenue goal. (Extra Crunch membership required.) Read more |
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