It’s the end of an era at Yahoo: CEO Marissa Mayer will not be part of the new company that was prematurely announced today in a tweet by AOL CEO Tim Armstrong. A combination of AOL and Yahoo, the new Verizon-owned entity will be called Oath. [Kara Swisher / Recode]
Trump is cracking down on the H-1B visa program that Silicon Valley loves, meaning tech companies may face new scrutiny when hiring foreign workers. While campaigning, Trump promised to “end forever the use of the H-1B as a cheap labor program,” and institute an absolute requirement to hire American workers first for every visa and immigration program. [Tony Romm / Recode]
And Trump officially hit delete on federal online privacy protections that would have required broadband companies including AT&T, Charter, Comcast and Verizon to ask permission before selling sensitive customer data like personal web-browsing history. [Tony Romm / Recode]
Alphabet’s self-driving unit Waymo says competitor Uber violated a court order to produce documents allegedly stolen by an engineer who now heads Uber’s autonomous-car efforts. [Johana Bhuiyan / Recode]
Tesla is now worth more than Ford, with a market cap of $47 billion compared with Ford’s $45 billion. The 14-year-old Tesla delivered a record 25,000 cars for the first quarter, while 113-year-old Ford’s sales dropped more than 7 percent in March. [Johana Bhuiyan / Recode]
The job-stealing-robot revolution is approaching: The number of industrial robots sold in the U.S. will jump nearly 300 percent in less than a decade. And more robots means fewer jobs for humans. [April Glaser and Rani Molla / Recode]
Top stories from Recode
An email to staff said the company is keeping an eye on the high-skilled labor visa space.
Mark Rosekind, the former head of the National Highway Traffic Safety Administration, is now at secretive self-driving startup Zoox as its chief safety innovation officer.
Google has a new “guide to what teens think is cool.”
Penner was most recently running comms and marketing at Vine.
Another ex-Googler is heading to a health startup.
This is cool
Everyone’s talking about the immediate, obvious effects that electric and autonomous cars will bring. Benedict Evans looks ahead to the second- and third-order consequences of these life-changing technologies for cities and citizens. [via Benedict Evans]
This article originally appeared on Recode.net.