| Priscilla Chan is so much more than Mark Zuckerberg's wife, Alibaba chooses Jack Ma's successor and AI startup Forethought wins Startup Battlefield at Disrupt San Francisco. Here's your Daily Crunch for September 10, 2018. 1. Interview with Priscilla Chan: Her super-donor origin story In a touching interview on the Main Stage at Disrupt San Francisco, Priscilla Chan shared her vision for a cause-based philanthropy designed to bring equal opportunity to the underserved, especially in Facebook's backyard. 
2. Alibaba announces CEO Daniel Zhang will succeed Jack Ma as chairman next year In a letter sent to media outlets, Jack Ma wrote Zhang has "demonstrated his superb talent, business acumen and determined leadership" since taking over as CEO. 3. AI startup Forethought wins Startup Battlefield at Disrupt San Francisco Forethought takes a bit of an unusual approach to search. Instead of a keyword-driven experience we are used to with Google, Forethought uses an information retrieval model driven by artificial intelligence underpinnings that they then embed directly into the workflow, company co-founder and CEO Deon Nicholas told TechCrunch. 4. Imran Khan is leaving his role as strategy head at Snap to start his own investment firm The latest news sent Snap's stock down in pre-market trading to as low as $9.75 — around a third of the stock's value when it first listed in March 2017. Khan, who had been an early investor in Alibaba when still at J.P. Morgan & Chase, wants to put together a firm that will span the range of funding opportunities in the tech sector, with a focus on startups and other companies that are disrupting non-tech areas. 5. A year later, Equifax lost your data but faced little fallout It was "one of the most egregious examples of corporate malfeasance since Enron," said Senate Democratic leader Chuck Schumer at the time. Yet, a year following the devastating hack that left the company reeling from a breach of almost every American adult, Equifax has faced little to no action or repercussions. 6. LendingTree is the secret success story of fintech The tried and true strategy of most emerging financial technology startups is to focus on user growth and monetize later. LendingTree did the opposite; they created a cash-flow generating platform that served a critical purpose, simplifying a historically complex landscape for consumers, while simultaneously driving directly attributable revenue for lenders. 7. The reality of quantum computing could be just three years away Quantum computing has moved out of the realm of theoretical physics and into the real world, but its potential and promise are still years away. | 
No comments:
Post a Comment