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Silicon Valley and Donald Trump may finally agree on something: The president’s tax reform plan proposes slashing the corporate tax rate to 14 percent. It also calls for reducing the number of individual income tax brackets to just three — 10 percent, 25 percent and 35 percent. [Tony Romm and Rani Molla / Recode]
FCC Chairman Ajit Pai kicked off his campaign to roll back net neutrality. He wants a total revision of rules that prevent broadband giants like AT&T, Comcast and Verizon from blocking or slowing down web content. [Tony Romm / Recode]
It’s a huge day for tech earnings: We’ll hear from Google, Amazon, Intel, Alphabet and Microsoft. [Barron’s]
Twitter says it has noticed what may be a “Trump bump” — a boost from up to two million “resurrected” or previously dormant users who are now following political news. In a Q&A, CEO Jack Dorsey talks about the tweeting president and Twitter’s harassment problem. [Kurt Wagner / Recode]
Instagram is growing faster than ever, adding 100 million new accounts in the last quarter. CEO Kevin Systrom talks about how the quickly adaptive photo-and-video app is becoming Facebook’s next Facebook. [Kurt Wagner / Recode]
U.S. Senator Kamala Harris and philanthropist Laurene Powell Jobs are coming to the Code Conference. [Peter Kafka / Recode]
On the latest episode of Recode Media with Peter Kafka, BuzzFeed News writer Doree Shafrir talks about her first book, “Startup: A Novel,” a darkly comic look at the digital media scene [Eric Johnson / Recode]
Top stories from Recode
Here’s why ESPN had mass layoffs today.
Short version: Costs are up. Subscribers are down.
“Is that what you’re wearing?”
China is going to help iRobot sell more Roomba robo-vacuums.
One of the most successful robotics companies in the U.S. reported more profit than expected.
Ride-hail service Gett is buying its rival, Juno.
As part of the acquisition, Juno is terminating its main attraction: Its stock program.
YouTube’s advertising problems won’t drag down Alphabet’s first-quarter earnings.
Impact from advertisers boycotting YouTube over concerns that ads ran in inappropriate videos most likely won’t impact the company’s results.
This is cool
”Can’t Fox News read it and I’ll watch what they say?” [Meghann Farnsworth / Recode]
This article originally appeared on Recode.net.