Twitter acquires group chat app Sphere

22

London, Oct 22 | In a bid to strengthen its Communities, micro-blogging site Twitter has acquired a chat app called Sphere, which was co-founded by British serial entrepreneur Nick D’Aloisio.

Incorporated in 2016, Sphere started out as a real-time question and answer app that involved micropayments before it pivoted to become more of a group chat app, CNBC reported.

Between 2017 and 2019, it raised around $30 million from investors including Index Ventures, Airbnb co-founder Brian Chesky, Tinder co-founder Sean Rad and Sequoia venture capitalist Mike Moritz.

“It’s really important and necessary in order to achieve impact to partner with the right companies at the right time that have similar visions and ideas,” D’Aloisio told CNBC.

Roughly 500,000 people used the first version of the app, D’Aloisio said, but he declined to comment on the latest user numbers.

The terms of the deal, which was announced on Wednesday and will see approximately 20 Sphere employees join Twitter, have not been disclosed. But D’Aloisio claimed “everyone is happy”.

Sphere said in a blogpost that it will be “winding down” its standalone product in November as a result of the acquisition.

“Obviously Sphere was our own thing and that’s no longer relevant to what Twitter is trying to achieve,” D’Aloisio said.

The entrepreneur added that he and his team will work alongside Twitter employees to try to take the “vision” they had at Sphere and “integrate that into various parts” of Twitter.

Nick Caldwell, vice president of engineering at Twitter, announced the acquisition of Sphere via his company’s social network.

“The Sphere team’s expertise and leadership’s passion for finding ways to help people connect will help accelerate our Communities, DM and Creators roadmaps,” he said.

Source: IANS

Next Story

Elon Musk asks hard-hitting AI engineers for job

Elon Musk asks hard-hitting AI engineers for job

Tesla founder and CEO Elon Musk on Monday tweeted that he is hiring Artificial Intelligence (AI) engineers who are passionate about solving day-to-day problems through AI

San Francisco, Dec 6 | Musk hiring engineers to solve problems that affects people’s lives. Tesla founder and CEO Elon Musk on Monday tweeted that he is hiring Artificial Intelligence (AI) engineers who are passionate about solving day-to-day problems through AI.

“As always, Tesla is looking for hardcore AI engineers who care about solving problems that directly affect people’s lives in a major way,” Musk tweeted along with a link to apply for the job.

Interested candidates can apply by filling in fields like name, email, exceptional work done in software, hardware or AI, dropping their resume in the PDF format and hitting the Apply option.

As per the website, Tesla’s AI and Autopilot unit develops and deploys autonomy at scale in vehicles, robots and more.

“We believe that an approach based on advanced for vision and planning, supported by efficient use of inference hardware, is the only way to achieve a general solution for full self-driving and beyond,” the website read.

In a 2014 interview, Musk said he looked for “evidence of exceptional ability” in a potential employee, rather than a degree from a prestigious university.

Acer launches new gaming laptop with 4K Mini LED panel

“There is no need even to have a college degree at all, or even high school,” Musk said during an interview with the German automotive publication Auto Bild about his hiring preferences more broadly.

“If somebody graduated from a great university, that may be an indication that they will be capable of great things, but it’s not necessarily the case. If you look at, say, people like Bill Gates or Larry Ellison, Steve Jobs, these guys didna¿t graduate from college, but if you had a chance to hire them, of course that would be a good idea.”

Source: IANS

LEAVE A REPLY

Please enter your comment!
Please enter your name here