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It was the first day of our 2018 Code Conference on Tuesday and execs from Snap, Facebook, the White House, 21st Century Fox and Microsoft took the stage. Some of the main things we learned:
- Facebook still doesn’t know what user data Cambridge Analytica actually had.
- Snap CEO Evan Spiegel says Snapchat is more than just features. It’s a philosophy.
- Linda McMahon, a member of Trump’s cabinet, says she hasn’t heard him tell any untruths to the American public.
- Microsoft president Brad Smith said, ”it’s braver [for companies] to compromise than to fight.”
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Our quote of the day came from Smith as well. In an interview with Kara Swisher, he said that one thing he’s learned is that “if you create tech that changes the world, the world is going to want to govern you.”
Day 2 of Code Conference starts this morning at 9 am PT / 12 pm ET. We’ll have interviews with executives from Spotify, Airbnb, Alibaba, Uber, Stitch Fix and more. Here’s how you can tune in.
Facebook has been copying Snapchat’s features for Instagram, and at Code on Tuesday, Snap CEO Evan Spiegel poked Facebook to “copy our data protection practices also.” He said the social giant has failed to sufficiently overhaul its user privacy protections after the Cambridge Analytica scandal exploded earlier this spring. Facebook’s CSO Alex Stamos fired back on Twitter, saying, “Snapchat’s implicit promise that photos really disappear combined with poor API security has lead to serious mass leaks of revenge porn.”
[Theodore Schleifer / Recode]
CEOs at some of America’s biggest food companies aren’t staying around very long. The Wall Street Journal did an analysis and found that “over the past two years, at least 16 major packaged-food and beverage chief executives have stepped down.”
[The Wall Street Journal]
ABC canceled its hit show “Roseanne” after Roseanne Barr tweeted racist remarks about Valerie Jarrett, one of President Obama’s closest advisers. The bad news kept coming for Barr as Viacom pulled the reruns of the show from some of its networks; Hulu also said it was pulling the show. Barr’s tweets haven’t come out of nowhere; she has a history of controversial tweets.
[The Verge, The Hollywood Reporter]
The bitterest boardroom battle in recent memory just got worse. Shari Redstone, the controlling owner of CBS, has filed a complaint against the broadcaster and its chief executive Les Moonves. Redstone alleges that in both 2016 and 2017, CBS board director Charles Gifford “had acted in an intimidating and bullying manner, including on one occasion by grabbing her face and directing her to listen to him.”
[Edmund Lee / Recode]
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Top stories from Recode
Trump is a “good listener” and other insights from Linda McMahon.
Here’s what someone who has known the president for more than 20 years had to say.
You can’t run the United States like a business, former Commerce Secretary Penny Pritzker says.
Pritzker says the Trump administration’s message on trade has been “threatening and vitriolic,” not to mention inconsistent.
Half of all Hulu subscribers pay for the ad-free version, 21st Century Fox CEO James Murdoch says.
But does he think Facebook could one day offer an ad-free version? Maybe not.
James Murdoch on Charlottesville: “I think a lot of people felt sick in the country that week.”
That’s the CEO of the company that owns Fox News.
He also had some other advice for Facebook.
The government should help, but the private sector needs to lead the way.
This is Cool
This article originally appeared on Recode.net.
