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]
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]
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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.