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Uber fired its chief security officer as it revealed that the personal data of 57 million users and drivers was compromised in a 2016 hack. Instead of notifying users, Uber paid the hackers $100,000 to delete the data and keep quiet. New York State Attorney General Eric Schneiderman has opened an investigation into the incident. [Johana Bhuiyan / Recode]
The Trump administration has formally started to repeal net neutrality rules — a move that would deliver a major deregulatory win to telecom giants like AT&T, Charter, Comcast and Verizon. The draft proposal by FCC chairman Ajit Pai opens the door to what critics call online “fast lanes.” The agency also plans to tell state and local governments that they cannot impose their own local laws regulating broadband service. [Tony Romm / Recode]
Meg Whitman will step down as CEO of Hewlett Packard Enterprise next year; shares dropped 6 percent on the announcement. Whitman, who has been CEO of Hewlett Packard since 2011, restructured HP into two brands to keep up with cloud-savvy competitors. She will remain on the board; president Antonio Neri will take over as CEO on Feb. 1. [CNBC]
Stitch Fix’s IPO last week fetched a slightly disappointing price — the online retail and personal styling company wanted to price its shares at $18 to $20, but had to settle for $15. In a candid Q&A with Recode, founder CEO Katrina Lake talked about her IPO as a milestone for women, and said, “We’ve been underestimated before.” [Jason Del Rey / Recode]
Pixar and Walt Disney Animation boss John Lasseter has taken a six-month sabbatical after allegations of sexual harassment surfaced. Minutes before she published her story, Masters spoke with Peter Kafka for the Recode Media podcast about the work she and other reporters are doing to uncover even more harassment allegations. [Kim Masters / The Hollywood Reporter]
Mark Gurman digs into the on-again-off-again history of Apple’s now-delayed HomePod, the company’s would-be answer to Amazon Echo and Google Home, which won’t debut in December as planned. Apple has told suppliers that it expects to ship four million HomePods in 2018. And here’s a review of the newish Sonos speaker with baked-in Alexa. [Mark Gurman / Bloomberg]
Top stories from Recode
Which tech companies beat Facebook, Amazon and Netflix on the markets this year?
Answer: Alibaba, Square and Nvidia. FAANG stocks don’t have the same bite.
Congress’s proposed tax bill would undermine STEM and accelerate inequality.
You think it’s been a long time since we started talking about finding a cure for cancer? Be prepared to keep waiting.
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The Savory 16 bracket: What will be the side dish champion?
This article originally appeared on Recode.net.
