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Tuesday, October 23, 2018

Oculus co-founder Brendan Iribe is leaving Facebook

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THE DAILY CRUNCH
TUESDAY, OCTOBER 23 2018 By Anthony Ha

Another Oculus co-founder leaves Facebook, we review the iPhone XR and HTC's blockchain phone moves closer to reality. Here's your Daily Crunch for October 23, 2018.

1. Oculus co-founder is leaving Facebook after cancellation of Rift 2 headset

Brendan Iribe, the co-founder and former CEO of Oculus, is leaving Facebook following some internal shake-ups. Last week saw the cancellation of the company's next generation Rift 2 PC-powered virtual reality headset.

Iribe and the Facebook executive team had "fundamentally different views on the future of Oculus that grew deeper over time," a source told TechCrunch, and Iribe wasn't interested in a "race to the bottom" in terms of performance.

2. Review: Apple's iPhone XR is a fine young cannibal

If you're upgrading from an iPhone 7 or iPhone 8, you're gonna love it and likely won't miss any current features while also getting a nice update to a gesture-driven phone with Face ID. But don't buy it if you're coming from an iPhone X.

3. SoftBank CEO pulls out of speaking at Saudi investment conference

SoftBank Group has become the latest high profile technology business to drop out of an investment conference in Saudi Arabia following the snowballing global outcry over the killing of journalist Jamal Khashoggi.

4. HTC opens up early access to its blockchain phone

From the sound of it, much of the underlying tech is about keeping the phone secure, so it can be used to store things like cryptocurrency keys.

5. MoviePass parent company to spin off MoviePass

"Since we acquired control of MoviePass in December 2017, [Helios and Matheson Analytics] largely has become synonymous with MoviePass in the public's eye, leading us to believe that our shareholders and the market perception of HMNY might benefit from separating our movie-related assets from the rest of our company," the company said.

6. Uber's head of corporate development resigns

This comes less than one month after The Wall Street Journal reported allegations of sexual misconduct by the aforementioned head of corporate development, Cameron Poetzscher.

7. Predictive sales tool People.ai racks up $30M Series B led by Andreessen Horowitz

What if a company could automatically track the steps employees took to land a deal, freeing up reps' schedules to do their actual jobs? People.ai has raised $30 million to try to achieve just that.

Get more stories at techcrunch.com 

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