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Twitter added zero new users in the June quarter, a surprising stagnation after it added nearly nine million in the three months prior. The company did beat on sales, reporting $574 million in revenue compared with the estimated $536 million. The company's earnings call starts at 5 am PT / 8 am ET.
[Kurt Wagner / Recode]
Yes, Facebook’s growth is slowing, but it still handily beat Wall Street expectations with $9 billion in sales for the June quarter, a 45 percent gain over last year. Facebook has been running out of places to show ads, which is why it wants to more quickly roll out advertising on Facebook Messenger.
[Kurt Wagner and Rani Molla / Recode]
Facebook CEO Mark Zuckerberg was one of the first Silicon Valley execs to respond yesterday after President Donald Trump tweeted the U.S. armed forces will no longer “accept or allow” transgender people. Joining Zuckerberg in voicing disagreement with Trump’s proposed policy were Twitter’s Jack Dorsey, Google’s Sundar Pichai, Apple’s Tim Cook and others.
[Kurt Wagner / Recode]
Apple supplier Foxconn will open its first major American factory in Wisconsin. The $10 billion project may create up to 3,000 jobs building flat-panel display screens for TVs and other electronics. The White House quickly took credit for the economic win, saying that Trump’s negotiations secured the project.
[Tony Romm / Recode]
Employees at a tech company in Wisconsin are lining up to have microchips implanted under their skin. The voluntary program is the first of its kind in the U.S., and more than 50 out of 80 employees at Three Square Market opted in on the tiny RFID-enabled chips that enable actions like entry into buildings and paying for food in the cafeteria with a wave of the hand.
[Maggie Astor / The New York Times]
Hewlett Packard Enterprise CEO Meg Whitman has left HP’s board of directors; the board elected Levi Strauss CEO Chip Bergh to replace her. Whitman is said to be on the short list of executives being considered for Uber’s open CEO job.
[Natalie Gagliordi / ZDNet]
Apple’s chief designer Jony Ive talks about the last project he worked on with Steve Jobs — the company’s soon-to-be-completed circular “spaceship” campus in Cupertino, Calif. Ive promises that the massive HQ will be the birthplace of new toys and tools the rest of us haven’t imagined yet.
[Christina Passariello / The Wall Street Journal]
Top stories from Recode
Google co-founder Sergey Brin has been instructed to give a deposition in Alphabet’s lawsuit against Uber.
Judge William Alsup told Alphabet attorneys that “he better show up.”
Venmo users sent $8 billion last quarter — twice as much as a year ago.
Money, money, money.
Senate lawmakers want to make it harder for law enforcement to access suspects' emails and location data.
They’re introducing a new bill that seeks to update a 1986 privacy law that predates most tech companies.
Amazon, Roku and Chromecast are all beating Apple TV.
But smart TVs are the most popular way to watch internet video on TV.
Google.org is launching a $50 million effort to prepare job seekers for the "future of work."
The company’s philanthropic arm will study changes in the economy wrought by companies like, well, Google.
Navigation app Waze is integrating with Android Auto.
Cars are ripe for operating systems, and adding the app could give Google’s solution a boost.
Food culture is cool now. Meet the tastemakers turning that cool into content.
Tastemade’s Larry Fitzgibbon and Eater’s Helen Rosner talk with Recode’s Peter Kafka on the latest Recode Media.
This is cool
Fantasizing about leaving it all behind and starting somewhere new?
Here’s a dream business opportunity — or a nightmare for some: The 22-year-old Clown Motel, located next to a cemetery between Las Vegas and Reno, is for sale. The founder and owner is hoping to get $900,000 for what has been called the scariest motel in the U.S.
[John Langeler / Las Vegas Now]
This article originally appeared on Recode.net.
