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Recode Daily: Apple wants to be your bank

Plus, Amazon, Alphabet and Comcast’s excellent day on Wall Street, and The Greatest TED Talk Ever Given.

Screenshot from “The Late Show” YouTube video

Apple wants to launch its own Venmo — could the person-to-person money-transfer service be called Apple Cash, perhaps? The new product would compete with offerings from big U.S. banks, as well as Square Cash. [Jason Del Rey / Recode]

Just three Yahoo execs will fill top leadership roles at the AOL-Yahoo combo after Verizon’s acquisition of Yahoo is complete. Jeff Bonforte will head comms, data and search; Simon Khalaf will lead media brands and products, and John DeVine will head global sales and customer operations. [Kara Swisher / Recode]

Uber's self-driving-car head is stepping aside during the company's legal fight with Waymo. Anthony Levandowski will no longer manage Uber's development of the radars that Alphabet is accusing him of stealing the designs for; he will be replaced by and report to engineering lead Eric Meyhofer. [Johana Bhuiyan / Recode]

Yesterday’s big tech earnings day saw Amazon, Google and Alphabet beating Q1 profit estimates, while shares of Microsoft and Intel were down. Also reporting yesterday: GoPro, Expedia and Starbucks. [Barron’s]

Comcast also reported better-than expected quarterly profit yesterday; the largest broadband company in the U.S. says it has 22.5 million TV subscribers and 25.1 million broadband subs — a couple million subscribers ahead of its nearest competitor, Charter. [Peter Kafka and Rani Molla / Recode]

Apple is linking up with Musical.ly, the popular music video app. Meanwhile Apple's experimental self-driving car — a white Lexus RX450h SUV — has been spotted on the road in Silicon Valley. [Peter Kafka / Recode]

Top stories from Recode

Facebook will let video creators make money when people pirate their videos.

YouTube does something similar.

Why people get arrested for flying drones.

Fun fact: All surveyed incidents involved male pilots.

The FCC is asking whether the agency needs net neutrality on its rulebooks at all.

Read the agency’s notice of proposed rulemaking, which kicks off the debate.

GoFundMe campaigns to buy lawmakers’ web histories raised hundreds of thousands of dollars — then failed to deliver.

The effort may have generated lots of headlines, but it was doomed from the start.

What will it take for Uber to change?

The New York Times’ Mike Isaac talks about his profile of Uber CEO Travis Kalanick on Too Embarrassed to Ask.

This is cool

That’s why they call him Superstar

The pope’s TED talk was undoubtedly unprecedented and inspiring. But he may have been upstaged by his boss: Jesus of Nazareth.

[Meghann Farnsworth / Recode]


This article originally appeared on Recode.net.