Twitter's COO takes flight. It's The Daily Crunch.
THE DAILY CRUNCH
TUESDAY, JANUARY 23 2018 By Darrell Etherington
Twitter's Anthony Noto flies away, Uber's Khosrowshahi sees self-driving in the near future and Apple sets a street date for its odd speaker. All that and more in The Daily Crunch for January 23, 2018.
Twitter's latest high-profile exec departure is Anthony Noto, the COO who many credit with what financial success the company has managed since CEO Dick Costolo hired him in 2014.
Now, he's off to head financial startup SoFi as CEO, effective March 1. Noto apparently was itching for the CEO spot at Twitter, before founder Jack Dorsey came back to claim it, so that may have influenced his departure.
Yep, just 18 months until the first autonomous Ubers start serving in non-testing capacities, according to the company's CEO. He also noted that to start, self-driving cars will handle only a very small percentage of rides, taking on more as the technology improves.
Apple's HomePod will ship beginning February 9 in its initial launch markets, after being delayed. It also won't have multiroom support at launch. And it'll only support Apple Music, and not Bluetooth connectivity, and it'll cost $350. Hmm.
That's a big new fund for the team led by VCs Jennifer Fonstad and Theresia Gouw. The company far outpaces the industry average in investing in female-led companies, and it's looking to focus with this fund on future of work, finch, health and cybersecurity targets.
Elon Musk had previously suggested he might leave Tesla once the Model 3 was out there, but no one took him that seriously and now he has a new compensation package that suggests he should be around for a long while – or at least until the company's worth 10x what it is now.
As someone who's become a drone fan despite not liking my early experiences with them at all, mostly because of what DJI is doing, I think this new DJI Mavic Air is nearly ideal in terms of balancing portablity, cost and function.