| Twitter is not doing so great, WhatsApp is doing amazing and Slack is raising lots more money. All that and more in The Daily Crunch for July 27, 2017. 1. Twitter tanks Twitter's stock took a hefty hit early on after the company reported results that included stalled out monthly active user growth. The company didn't do a great job explaining why MAUs weren't climbing anymore, either. This is not going to end well for Twitter – it tried to spin DAUs as on the rise, too, since they're down sequentially but up year-over-year, but it's hard to prove that out when Twitter isn't a consumer device company where seasonal swings like that make a lot more sense. 
2. WhatsApp hits 1 billion daily active users In rosier DAU news, Facebook's WhatsApp crossed the 1 billion mark, which is way, way, way more than Twitter could ever hope for. Apples to oranges, sort of, but WhatsApp continues to evolve along the lines of WeChat, which does a lot of what Twitter does in China. 3. Slack is raising $250 million Slack is raising a huge round at a $5 billion valuation, TC learned, with SoftBank, Accel and other existing investors already in. That's a lot of value placed on internal comms, but who doesn't use it at this point let's be honest. 4. Ford brings its Chariot micro-transit model to New York Ford acquisition Chariot is expanding to New York City, and this will help the company see how its commuter and transit crowdsourced shuttle service operates in a market with round-the-clock demand. This could be a make or break point for this mobility experiment. 5. Samsung manages record quarter Despite leadership turmoil, and its Galaxy Note 7 issues late last year, Samsung has managed to post a record $9.9 billion in profit for the second quarter of 2017, its strongest ever. The Galaxy S8 and its supplier business helped with the swell. 6. Overwatch players will be well compensated in pro league Overwatch players are starting out at $50,000 per year in the new city-based competitive esports league for the online game. That's pretty damn good, considering there are also health and retirement benefits, and compensation will ramp based on performance. 7. WeWork expands to China Shared workspaces from WeWork are now officially a thing in China, with a standalone business backed by some major investors and local partners. Also, FYI the automated version of this newsletter is no longer going to be sending on the weekends, but if you still want TC news on the weekend you can sign up for the Week In Review or the Startups Weekly. | 
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