Facebook amps up content moderation, Apple has an earnings waffle and mayo is tough business. All that and more in The Daily Crunch for May 3, 2017.

1. Facebook's new head of computer vision at Oculus is a Google Glass alum

Facebook has dropped Dov Katz, its former head of computer vision at Oculus, following an arrest late last year where Katz was caught in the act allegedly soliciting sex from a minor in a sting operation.

The new head of Oculus computer vision tech is Amir Frenkel, a Facebook hire who came to the social network from Google, where he was involved in the Glass program. Oculus has a ton of exec-level turmoil going on at the moment, which makes you wonder if it isn't headed the way Glass went, too.

2. Apple's earnings not good, not bad

Apple's earnings were basically flat or a little below this time last year, which is not great. It's not bad, either, however, and stock price continues to rise, which is all that matters. The iPhone 8 will be the big story for the company, and it's likely to do very well.

3. Hampton Creek is up the creek

The mayo-not-mayo company that once purchased its own stock from store shelves en masse to goose its retailer number is now losing execs like crazy. Food tech is messy business, example #3,786.

4. 147 companies face off for the XPrize AI crown

You'd need an advanced AI just to parse all the entrants for an AI company competition hosted by XPrize. It's also the first XPrize competition not aiming at solving one specific problem.

5. Hulu's live TV service arrives

If you want live TV but don't want cable, Hulu is now giving you another option. The latest in the over-the-top streaming live TV service wars offers ABC, CBS, FOX, NBC and a range of others for just $40 per month.

6. Amazon wants to free up your kid's time on more devices

Amazon is making FreeTime, its curated collection of kids content, complete with parental controls, available to anyone with an Android device. That's better than locking it to Fire hardware only, since the service probably has more long-term value for Amazon anyway.

7. Facebook to bring on 3,000 more moderators

Facebook has a reality problem – too many people are posting unvarnished versions of its seedier side to the network. Now, the company is hiring 3,000 more content vetters to help weed out the bad stuff, which is a big addition to its existing 4,500-strong workforce employed in this specific role.

You can vet our live content at Disrupt NY 2017 from May 15 - May 17. Click below to get tickets.