 |  | | Tuesday, February 04, 2020 • By Anthony Ha | |
Happy Tuesday Embarrassing technical issues delay the results of the Iowa caucus, Alphabet releases its latest earnings report and Asana files to go public. Here’s your Daily Crunch for February 4, 2020. | | | |
| In an inauspicious start to the Democratic primaries, the results of the Iowa caucus was due to be transmitted by smartphone apps from delegates across the state on Monday — but a "quality control" issue was detected. "We found inconsistencies in the reporting of three sets of results," said Mandy McClure, a spokesperson for the Iowa Democratic Party, who added that this was "not a hack or an intrusion." The results are now supposed to be released later today. Read more | |  Image Credits: Tim Hynds/Sioux City Journal / Getty Images | | |
| In its latest earnings report, Alphabet says revenue grew from $39.3 billion in 2018 to $46.1 billion in 2019. The firm's net income also expanded from $8.9 billion to $10.7 billion over the same time frame. Read more | | | |
| Asana, co-founded by Facebook co-founder Dustin Moskovitz and Justin Rosenstein, builds productivity software that allows teams to assign tasks, track progress and set deadlines for projects. The company is taking the direct listing route, which has been lauded by many in Silicon Valley as a way to strip from the process of going public the steep bank underwriting fees, lengthy roadshows and some regulatory hoops. Read more | |  | | |
| Mental wellness unicorn Calm has more than two million subscribers to its mindfulness and meditation app, raising over $140 million in funding to bring "mental fitness" practices into the daily lives of mainstream consumers. We dug into the company’s strategy in this interview with co-CEO Michael Acton Smith. (Extra Crunch membership required.) Read more | | | |
| Dropbox CEO Drew Houston is the first addition to Facebook’s board since the departure of Dr. Susan Desmond-Hellmann in October. She was the lead independent director, a role that remains empty. Read more | |  Image Credits: Kevork Djansezian / Staff / Getty Images | | |
| Welcome to digital media in 2020, where the M&A headlines can resemble a game of Internet Mad Libs. Read more | | | |
| According to Top Hat, about 2.7 million students are currently enrolled in courses that use its tools, while schools that use its services include 750 out of the top 1,000 colleges and universities in North America. Read more | | | |
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