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Facebook says it's not biased against conservatives | Recode Daily: May 10, 2016

But its news feed controversy isn't going away.


.It took Facebook a full day to respond to a Gizmodo story alleging that its employees hide news about conservative topics in the company's "trending" stories section. But here it is: Facebook says it has "found no evidence that the anonymous allegations are true." Don't expect the controversy to go away, though.
[Kurt Wagner | Recode]

.The resignation of Lending Club CEO Renaud Laplanche comes at a topsy-turvy time for online lenders; investors are backing away from the space, and even its biggest boosters are predicting gloom and doom.
[Jason Del Rey | Recode]

.Before founding CEO Parker Conrad was canned from unicorn Zenefits for reportedly helping his employees cheat insurance regulations he sold $10 million worth of stock.
[William Alden | BuzzFeed News]

.Chinese search giant Baidu will have to undergo a costly revamp of its ad business in response to a government inquiry, related to the death of a cancer-stricken 21 year-old who pursued a "controversial treatment" through a Baidu ad. NYU professor Clay Shirky pointed out that the Baidu-government fight is partly a proxy for unprecedented tensions between Chinese tech giants and regulators.
[David Ramli | Bloomberg]

.Music streaming services are getting into video. For example, Apple Music is making a six-episode show with Dr. Dre. And now, Spotify has unveiled a slate of planned video offerings, including programming from Russell Simmons and Tim Robbins.
[Lucas Shaw | Bloomberg]

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The PayPal co-founder also backed the presidential bid of Ron Paul.
By Irving Azoff
"You have built a business that works really well for you and for Google, but it doesn’t work well for artists," says the legendary artists' manager.
By Mark Bergen
Siri won't let Viv steal the show.
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Google, Apple, Samsung and others have been asked to provide details about their mobile updates.
By Tony Haile
Facebook’s mass acts as an intense gravitational force in the media industry, warping user behavior and fracturing the economic incentives that defined media companies.
This is a Fader piece from December, but frankly, it's timeless. Doreen St. Felix talks to the black teens on Vine and YouTube who make viral content that gets recycled by celebrities and the media, and how platform rules and enforcement make it difficult for them to succeed.

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