Daily Crunch: John Legere is leaving T-Mobile

INSUBCONTINENT EXCLUSIVE:
The Daily Crunch is TechCrunch roundup of our biggest and most important stories
If you&d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1
John Legere is stepping down as CEO of T-Mobile, succeeded by deputy Mike Sievert on May 1 Sievert, who currently T-Mobile COO, will become
chief executive on May 1, 2020
Legere will remain on the company board. This only adds fuel to speculation that Legere will be taking over as CEO of embattled co-working
company WeWork
The initial reports that Legere might be making a move prompted sources to push back and say he had no plans to leave T-Mobile, but it seems
clear now that they were misinformed … 2
Yahoo Japan and Line Corp confirm merger agreement SoftBank and Naver, the owner of Line, will each own 50% of a new holding company that
will operate Line and Z Holdings (formerly known as Yahoo Japan)
By uniting, SoftBank and Naver hope that they will better position search portal Yahoo Japan, Line messaging app and their other businesses
to compete with rivals in the U.S
and China. 3
The man behind Bezos& next lunar guidance system talks future tech TechCrunch sat down with Ken Gabriel, who is regarded as the &godfather&
of MEMs — miniaturized and integrated mechanical and electrical technology, which helps phones orient themselves, car airbags know when to
fire and biomedical devices save lives
(Extra Crunch Membership required.) 4
SmartNews raises $92M at a $1.2B valuation Looks like there still money to be made in news aggregation — at least according to the
investors backing the news app SmartNews. 5
Microsoft announces changes to cloud contract terms following EU privacy probe Specifically, Microsoft is accepting greater data protection
responsibilities
The changes to contractual terms will apply globally and to all of Microsoft commercial cloud customers — whether public or private sector
entity, or large or small business. 6
Opera Africa fintech startup OPay gains $120M from Chinese investors Nigeria has become the epicenter for fintech VC and expansion in Africa
And Chinese investors have made an unmistakable pivot to African tech. 7
This week TechCrunch podcasts On the latest episode of Equity, Alex and Kate discuss a new funding round for Docker
And on Original Content, we check out Disney+ and its flagship show &The Mandalorian.&