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Recode Daily: Here are the numbers inside Snap’s IPO

Five years of rapid growth, but no profit yet.

Snap Snapchat Spectacles Screenshot

Snaps IPO filing shows rapid growth over its five years (though it slowed last quarter) and numbers that look more like Twitter’s than Facebook’s at this stage. Other nuggets: Rising payouts to publishing partners, a big Google Cloud contract and a bonus for CEO Evan Spiegel. — [Kurt Wagner / Recode]

Stung by customer backlash and a reported 200,000 canceled accounts, Uber CEO Travis Kalanick quit President Trump’s business advisory council and reiterated his opposition to Trump’s immigration ban. Elon Musk said he’ll stay on the council in order to voice his objections. Meanwhile, Microsoft pressed the government to allow more exceptions to the ban. — [Kara Swisher / Recode]

Amazons Q4 beat expectations on profit, but a miss on earnings and disappointing Q1 guidance sent the stock down 4 percent. Troubled GoPro plunged 13 percent after Q4 sales came in below analysts’ forecasts. — [Jason Del Rey / Recode]

Here’s a long interview with Bill Simmons on The Ringer’s first year, his canceled HBO show and what ESPN got right. — [Peter Kafka / Recode]

Congressional investigators have raised safety concerns over cracking in fuel pump components in the Falcon 9 rocket that SpaceX plans to use for manned launches. SpaceX said it will modify the final design. — [Andy Pasztor / Wall Street Journal]

On the latest episode of Too Embarrassed to Ask, CNN host Brian Stelter says the term “fake news” has been exploited and misused, and it’s time to use more specific language. — [Eric Johnson / Recode]

Top Stories From Recode

Working from home? Google wants to create a drone to go to meetings for you.

The nimble aircraft could be equipped with a screen or a projector for videoconferencing.

One of Jack Dorsey’s top leaders at Square is leaving the company

Francoise Brougher is exiting after four years.

Donald Trump helped the New York Times add its most digital subscribers since 2011


Alphabet’s venture arm wants you to give money to the ACLU

GV, or Google Ventures, has added a button to its website for donations to the civil liberties defense nonprofit.

Alphabet’s robot car is getting better at navigating California’s public roads

Human drivers have to take over far less often.

Target has stunned its employees by suddenly shutting down two big innovation projects

The retailer’s “Store of the Future” was killed before it opened.

Facebook has big plans for its video business. Netflix CEO Reed Hastings is on Facebook’s board. Discuss.

There’s no conflict yet, apparently. But down the road ...

Why Henry Blodget isn’t angry at the man who ruined his life

Former New York Attorney General Eliot Spitzer cost Blodget millions of dollars, but “life is long,” the Business Insider CEO says.

This visual recognition startup has poached AI talent from Twitter

New York-based Clarifai has picked up a former Google Brain engineer and four members of Twitter’s Cortex machine learning team.

The future belongs to the media and tech companies that can harness 5G

Next-generation media, meet next-gen branding, advertising and experiences at lightning speed.

This Is Cool

Incredibly detailed 3-D recreations of TV show work spaces

Courtesy of the folks at Drawbotics, wander through the offices of Dunder Mifflin, the “Parks and Rec” department, the cop shop from “Brooklyn Nine-Nine,” Erlich Bachman’s incubator from “Silicon Valley” and more.

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