Google kicks off its big developer conference, Facebook reorganizes and Glassdoor gets acquired. All that and more in The Daily Crunch for May 9, 2018.

1. Eight big announcements from Google I/O 2018

Artificial intelligence was the big theme on day one of Google's developer conference. The announcements include making conversation more natural in Assistant, introducing AI-powered improvements to Google Photos and announcing an AI-driven redesign of Google News.

We've still got a couple of days of I/O to go, so stay tuned for more news.

2. Facebook united: A sweeping reorg smashes redundancy

The reorganization could cut redundancy, apply talent to fresh problems and unite the company under a common banner — the banner of Chris Cox, Facebook's chief product officer, who now oversees the "Facebook Family of Apps," including Facebook, Messenger, Instagram and WhatsApp.

3. Walmart confirms $16B Flipkart investment, giving it 77 percent in India's e-commerce leader

This is the biggest investment Walmart has made in its history, supplanting Asda in the United Kingdom. Walmart said that it intends to keep Flipkart as a distinctive brand and even push the company towards becoming a "publicly-listed, majority-owned subsidiary" in the future.

4. Job hunting service Glassdoor sold to Japan's Recruit for $1.2 billion

Glassdoor's most recent investment gave the company a valuation of around $1 billion — not much more than what Recruit is paying.

5. Yahoo is testing Squirrel, an invite-only group messaging app

Squirrel is focused on friend, family and work groups that want to exchange messages and share photos, links and other media. The app was first spotted by Android Police, and Oath (Yahoo's parent company, which also owns TechCrunch) has confirmed that it's in testing.

6. Microsoft and Red Hat now offer a jointly managed OpenShift service on Azure

Microsoft and Red Hat are deepening their existing alliance around cloud computing.

7. Gamalon scores $20M led by Intel Capital

The startup is taking a different approach to understanding text-based customer communications.