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Recode Daily: Amazon crushes it in the ‘World Series of tech,’ and Twitter had a good Thursday, too

Plus, U.S. lawmakers aren’t done with Facebook, Google and Twitter; the top firms techies want to work at; and where the world’s richest man spends his money

Amazon’s financial results crushed third-quarter expectations yesterday, sending its stock price up more than 7 percent in after-hours trading. Net income has been positive for 10 straight quarters, and Amazon's top line grew 29 percent, including revenue from its new subsidiary, Whole Foods. [Jason Del Rey / Recode]

Twitter stock surged up to 18 percent yesterday after posting a strong Q3; the company thinks it may achieve profitability by the end of the year. But growth is still an issue: Twitter added four million new users last quarter, but it lost almost as many existing users. Meanwhile, Twitter has banned advertising from two Russia-backed media organizations, Russia Today and Sputnik. But they can keep tweeting. [Kurt Wagner / Recode]

Alphabet, Microsoft and Intel had a good Thursday, too.

CVS is in talks to buy Aetna for more than $66 billion, as it scrambles to fortify itself against looming competition from Amazon, which has been exploring ways to expand into the pharmaceutical industry. The deal would be the largest ever in health-insurance history. [The Wall Street Journal]

Heidi Roizen, a longtime partner at Draper Fisher Jurvetson, pushed back against claims of a “predatory” culture at the VC firm, as it continues to investigate allegations of sexual harassment by co-founder Steve Jurvetson. “I would not work for DFJ if I felt the culture was not one of high integrity and opportunity for all — including women. Including me,” Roizen wrote on her personal website. [Theodore Schleifer / Recode]

Top stories from Recode

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YouTube is taking on TV on its home turf, and it’s starting to win.

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SpaceX, Google and Tesla are among the top companies techies want to work for.

Uber didn’t make the cut.

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On the latest episode of Too Embarrassed to Ask, Tony Romm previews next week’s congressional hearings on social media and the 2017 election.

This is cool

Microsoft founder-turned-philanthropist Bill Gates turns 62 tomorrow. Since stepping down as CEO 17 years ago, the world’s richest man — Gates has a net worth of $87.9 billion — has been sharing his wealth through the Bill & Melinda Gates Foundation, which has given away $41.3 billion in grants. Our chart will show you where that money goes. [Rani Molla / Recode]


This article originally appeared on Recode.net.