Apple is readying three new iPhones for this fall — a high-end OLED model with a near-6.5” screen (don’t call it a phablet), an updated iPhone X and a cheaper iPhone; all three will have Face ID and an edge-to-edge screen — and at least one may come in gold. Despite the months of hype, the iPhone X hasn’t sold as well as expected since its debut last year; Apple’s decision to also build a cheaper phone is an acknowledgment that the current entry-level iPhone 8 models too closely resemble the iPhone 6 introduced back in 2014. Famed investor Warren Buffett said yesterday that he loves Apple because of consumers’ psychological attachment to the iPhone. [Mark Gurman and Debby Wu / Bloomberg]
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Comcast made a surprise $31 billion bid for Sky, the European satellite TV company. The bid (purposefully) disrupts the planned Disney/Fox deal: Fox’s Rupert Murdoch founded Sky and has been trying to get majority control of it for years, and Disney was planning on acquiring Murdoch’s stake as part of its $52 billion deal for Fox assets. [Reuters]
In one of the larger deals in the crypto-economy, Circle bought cryptocurrency exchange Poloniex for around $400 million. Here’s more about Circle, which allows larger clients to trade bitcoin and also functions as a social payments company for people to send cash or cryptocurrencies to one another. With the acquisition of Poloniex, it’s positioning itself as a competitor to Coinbase. [Theodore Schleifer / Recode]
Digital currency meetups can be a bit of a bro-fest, so women are trying change that. Entrepreneur Brit Morin was “pissed off” that so many women were missing out on a new kind of investment — women make up less than 30 percent of bitcoin investors — so earlier this month, she organized an event to educate them. Crypto leaders are now organizing events, clubs and conferences to attract women to the industry. [Shirin Ghaffary / Recode]
Here’s a look inside an upcoming book about billionaire venture capitalist Peter Thiel, infamous for exacting fatal revenge on Gawker Media. The generally press-averse Thiel cooperated with Ryan Holiday, the author of “Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue.” Last week, BuzzFeed News revealed the identity of “Mr. A,” a previously unknown associate who helped conceive and orchestrate Thiel’s campaign to ruin Gawker. [Lloyd Grove / Daily Beast]
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This article originally appeared on Recode.net.