Published On: Wed, Nov 13th, 2019

Daily Crunch: Twitter income disappoints

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1. Twitter Q3 misses large on revenues of $824M and EPS of $0.05 on a behind of adtech glitches

Twitter pronounced a outrageous dump in opening “was impacted by income product issues, that we trust reduced year-over-year expansion by approximately 3 or some-more commission points, and greater-than-expected seasonality.”

The association has done a poignant change in a final year to tracking a new user metric of a possess creation — monetizable daily active users, that is a series of users who are being served ads. More determined metrics like daily and monthly active users have stagnated and even declined in new years.

2. Lowlights from Zuckerberg’s Libra testimony in Congress

“I don’t control Libra” was a executive thesis of Facebook CEO Mark Zuckerberg’s testimony yesterday, while a House of Representatives unleashed critiques of his proceed to cryptocurrency, privacy, encryption and using a hulk corporation.

3. Announcing a Disrupt Berlin 2019 agenda

Disrupt Berlin will run on Dec 11 and Dec 12, when we’ll lay down with CEOs from big-name companies such as Away, UIPath and Naspers, as good as heading investors from Atomico, SoftBank and GV. (Tickets are accessible here.)

4. By tweeting from a SCIF, House lawmakers put inhabitant confidence during risk

If we suspicion attack into a rarely cumulative supervision trickery with your wiring though but accede was a intelligent idea, you’d be wrong. But that didn’t stop Rep. Matt Gaetz and tighten to three-dozen of his Republican colleagues from doing accurately that.

5. Virgin Galactic becomes a initial open space tourism association on Monday

The company’s shareholders have authorized a partnership with Chamath Palihapitiya’s special Social Capital Hedosophia holding company, with a entrance on a NYSE for a newly joined open entity scheduled for Monday.

6. Cybersecurity automation startup Tines scores $4.1M Series A led by Blossom Capital

Tines automates many of a repeated primer tasks faced by confidence analysts so they can concentration on other high-priority work. The founders have bootstrapped a association until now.

7. Bill McDermott aims to grow ServiceNow like he did SAP

During a company’s gain call, effusive CEO John Donahoe pronounced that McDermott met all of a board’s criteria for a subsequent personality — all in a use of building toward a $10 billion income goal. (Extra Crunch membership required.)

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