Tumblr’s CEO is stepping down, Facebook is rolling out a suicide-prevention AI, and SoftBank wants to buy Uber shares at a 30% discount. Good morning! Here is the tech news you need to know this Tuesday.
1. David Karp, the CEO and founder of Tumblr, is leaving the company. He sent an email to staff to announce his departure, saying that the decision came “after months of reflection on [his] personal ambition.”
2. Facebook is rolling out an artificial intelligence-based feature that aims to recognise suicidal posts and flag them before they are reported. Initial tests in the US will be followed by a global rollout in the coming weeks, with the exception of the EU.
3. Japanese investment giant SoftBank is reportedly looking into buying Uber shares at a 30% discount. It would buy secondary shares at a $48 billion (£36 billion) valuation, as opposed to Uber’s most recent $69 billion (£52 billion) valuation, and also invest an additional $1 billion (£750 million) at a $69 billion valuation.
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