The FCC wants to see competition in the set-top boxes that almost all customers now have to rent from their cable company, and its initial plan was to make the cable outfits share all their video and programming data with third parties. The industry objected, and now the agency is proposing to have the pay-TV providers build apps for alternative platforms like Roku, Apple iOS, Windows and Android. The industry still objects.
[Andrea Peterson | Washington Post]
Honest Company, the diaper and personal care product company co-founded by actress Jessica Alba, has been in sale talks. A consumer product company like Procter & Gamble or Unilever is the likely buyer; Honest was valued at $1.7 billion last year.
[Jason Del Rey | Recode]
Time Warner's Turner wants to build its own streaming service so it can sell channels like TNT and CNN directly to consumers. Turner CEO John Martin talked about his ambitions in a wide-ranging interview, where he also talked about his digital M&A plans, and defended CNN's coverage of Donald Trump.
[Peter Kafka | Recode]
In its biggest acquisition in more than two years, Google is spending $625 million to buy Apigee, an enterprise software company that makes tools that help companies build apps for things like retail sales or customer service. The deal adds an important piece to Google SVP Diane Greene's push to expand the enterprise business.
[Mark Bergen | Recode]
Snapchat has already raised well over $2 billion, most recently at a valuation around $16 billion, but now it's adding to its war chest without giving away more equity. The messaging startup has taken out a new line of credit — size and purpose unknown — with Morgan Stanley as the lead bank.
[Kurt Wagner and Jason Del Rey | Recode]
On the latest episode of Too Embarrassed to Ask, Recode's Kara Swisher and Dan Frommer join Walt Mossberg and Lauren Goode of The Verge to discuss the new hardware introduced by Apple this week. Mossberg says sticking with the same design for the new iPhones is a gamble, but he expects more dramatic changes next year.
[Eric Johnson | Recode]
This article originally appeared on Recode.net.