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Twitter plans to change how much you can say in 140 characters | Recode Daily: May 17, 2016

Photos, videos and links won't count against the 140-character limit.

Twitter CEO Jack Dorsey
Twitter CEO Jack Dorsey
Kimberly White / Getty Images

.Within a few weeks, Twitter plans to let users add photos, videos and links to tweets without counting them against the 140-character limit. It isn't quite the 10,000-character limit that execs have previously considered, but it's a sign of the company's increasing willingness to tinker with its product in order to add more users.
[Peter Kafka | Recode]

.Warren Buffett's Berkshire Hathaway firm bought about $890 million worth of Apple shares, and even though Buffett himself wasn't involved in the transaction, it sent Apple shares up almost four percent.
[Arik Hesseldahl | Recode]

.MCX, a consortium of major retailers that aims to create an Apple Pay competitor, announced that it was laying off 30 people (almost half its staff) and delaying the launch of its beleaguered CurrentC payments app for the second time in less than a year.
[Noah Kulwin and Jason Del Rey | Recode]

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[Nick Wingfield | The New York Times]

.Twitter CEO Jack Dorsey has talked a lot about corporate diversity and Twitter's relationship with TV, so it makes sense that he just appointed BET CEO and chairman Debra Lee to Twitter's board of directors.
[Peter Kafka | Recode]

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This article originally appeared on Recode.net.