Intel's CEO resigns, a Twitter acquisition may bring improved anti-abuse efforts and Instagram launches a video hub. Here's your Daily Crunch for June 21, 2018.

1. Intel's CEO resigns as information about a 'past consensual relationship' surfaces

Intel said that an investigation found the relationship violated the company's "non-fraternization" policy" As a result, Brian Krzanich is resigning from the CEO role and from the board of directors.

CFO Robert Swan has become interim CEO, with Intel looking for a more permanent replacement.

2. Twitter acquires anti-abuse technology provider Smyte

Fingers crossed that this can make a real difference in Twitter's efforts to fight trolls and scammers.

3. AT&T launches a low-cost live TV streaming service, WatchTV

WatchTV will cost $15 per month as a standalone service and will also be bundled with AT&T wireless plans. It will include more than 30 live TV channels and 15,000 TV shows and movies on-demand.

4. Instagram launches IGTV app for creators

IGTV will spotlight popular videos from Instagram celebrities. It will be accessible from a button inside the Instagram homescreen and also as a standalone app.

5. Facebook expands fact-checking program, adopts new technology for fighting fake news

Facebook seems to think its fact-checking initiatives are working: The company says it's expanding the program to 14 countries around the world. It also claims the fact-checking initiative has reduced the distribution of fake news by an average of 80 percent.

6. California legislators stealthily 'eviscerate' state's net neutrality bill

In committee, Assembly member Miguel Santiago made last-minute amendments that remove many protections. State Senator Scott Wiener described the reworking of the bill as "outrageous."

7. Microsoft is buying AI startup Bonsai

The company specializes in reinforcement learning, a kind of trial-and-error approach to teach a system within the confines of a simulation. That learning can be used to train autonomous systems to complete specific tasks.