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Brian Acton, who cofounded WhatsApp, which was purchased by Facebook for $16B, tweeted "It is time. #deletefacebook" (Casey Newton/The Verge)

Travis Kalanick becoming CEO of City Storage Systems, which focuses on repurposing real estate, and says his new fund is acquiring a $150M controlling interest (Johana Bhuiyan/Recode)

Source: Mark Zuckerberg expected to address Facebook employees about Cambridge Analytica scandal at 1pm ET on Friday during the company's regular Q&A session (Casey Newton/The Verge)

Facebook has lost nearly $50B in market cap since Friday; 129M+ shares of Facebook stock changed hands on Tuesday, its biggest trading day since 2014 (Rani Molla/Recode)

Vivendi to sell its 27.3% stake in Ubisoft for €2B to Tencent, Canadian pension group, others; Ubisoft signs deal with Tencent to boost its properties in China (Samit Sarkar/Polygon)

CryptoKitties, a game built on top of a blockchain and the Ethereum cryptocurrency, raises $12M Series A and will be spun out of the Axiom Zen game studio (Dean Takahashi/VentureBeat)

Amazon, with a market value of $768B, has passed Alphabet's market value of $761.4B, making it the world's second-most valuable company, trails Apple's $889.2B (Ari Levy/CNBC)

YouTube Director onsite, which links advertisers spending at least $350 on video ads for YouTube with filmmakers, expands from 9 to 170 US cities (Sarah Perez/TechCrunch)

Facebook is running full-page ads in prominent Mexican newspapers about how to spot fake news amid the country's presidential campaign (Andrea Navarro/Bloomberg)

Here are 64 startups that launched today at Y Combinator’s W18 Demo Day