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A major ransomware attack affected businesses throughout Europe, including airlines and shipping lines, banks and utilities. The infection was concentrated in the U.K., Ukraine, Spain and France, but also spread to some companies in the U.S., including a multinational law firm and several hospitals and health care concerns. [Russell Brandom / The Verge]
Stitch Fix CEO Katrina Lake complained about the inappropriate behavior of venture capitalist Justin Caldbeck before he reportedly harassed other female founders in Silicon Valley. Caldwell had led an investment in Stitch Fix in early 2013; his venture firm, Lightspeed, removed him from that role after Lake’s complaint, and has said it “should have done more” when it heard the complaints. Caldwell has since resigned from his current firm, Binary Capital. [Kara Swisher and Jason Del Rey]
Facebook has reached two billion monthly users, which means more than 25 percent of the world’s population uses the social network every month. As it looks toward three billion, Facebook is building things like internet-beaming drones and laying fiber cable in Africa to bring the internet — and Facebook — to under-connected areas of the world. [Kurt Wagner / Recode]
Pandora co-founder and CEO Tim Westergren has stepped down, along with company president Mike Herring and chief marketing officer Nick Bartle; CFO Naveen Chopra will serve as interim CEO while the board searches for a permanent replacement. The Oakland-based company is also pulling the plug on its operations in Australia and New Zealand. The moves come as the 17-year-old streaming music pioneer prepares to sell a minority stake to satellite music company Sirius XM for $80 million. [Peter Kafka / Recode]
The image of the U.S. has plummeted worldwide under President Trump. A Pew survey of 37 countries said just 22 percent of respondents have confidence in Trump to do the right thing in international matters. And a Toronto hotel will pay millions to the Trump company so it can erase its Trump-brand signage. [Katia Dmitrieva / Bloomberg]
Top stories from Recode
The app economy will be worth $6 trillion in five years thanks to mobile commerce.
More people are spending more time and — crucially — more money in apps.
This Amazon-backed media startup has raised $15 million to make a big bet on commerce.
Clique Media Group already sells a fashion line at Target.
Box salespeople are going to start pitching storage on Microsoft Azure.
The two companies now have a co-selling agreement.
IBM is telling Congress not to fear the rise of an AI “overlord.”
The company’s Watson team is embarking on a lobbying push to address what it sees as an incorrect, “dystopian” view of AI.
Republicans want to open U.S. roads for companies testing self-driving cars.
It’s one of 14 bills that House lawmakers debated Tuesday.
NBCUniversal will stream Premier League soccer games, no cable subscription required.
$50 for 130 games, starting in August.
This is cool
Here’s every tiny tech-world in-joke hidden within the title sequence of HBO’s “Silicon Valley.”
With each new season, the show has revised the 10-second sequence to depict the way companies have merged or made headlines — for instance, the overshadowing of Yahoo’s sign with Alibaba’s, the growth of the Alphabet sign over Google’s headquarters and the collision of Uber- and Lyft-branded hot-air balloons. [Lori Dorn / Laughing Squid]
This article originally appeared on Recode.net.
