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Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million

VC Cafe

These two deals are significant, and suggest that Facebook didn’t just buy an app - Snaptu is a mobile platform and a distribution channel for emerging markets with low smartphone penetration, where the users use their mobile phones as their main access device to the Internet.

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A Conversation with 2020 Presidential Candidate Andrew Yang

View from Seed

On his website, he states that, “new technologies – robots, software, artificial intelligence – have already destroyed more than 4 million US jobs, and in the next 5-10 years, they will eliminate millions more. Technology is going to displace many more workers than it’s going to create opportunities for in the coming months and years.