Plus, more departures at 500 Startups, and what if Apple’s mothership landed across the street from you?
The Trump administration confirmed North Korea’s claim that it had launched an intercontinental ballistic missile capable of reaching parts of the U.S.; the administration responded by conducting a joint military exercise with South Korea, firing missiles as a show of power. [Choe Sang-Hun / The New York Times]
Dave McClure, the founding partner of tech incubator 500 Startups, officially resigned following reports that he had inappropriate interactions with women in the tech community. Co-founder Christine Tsai stepped in as CEO; partner Elizabeth Yin also resigned, citing a lack of transparency from the accelerator’s leadership. [Kurt Wagner and Johana Bhuiyan / Recode]
Emirates, Etihad and Turkish Airlines passengers can bring laptops onboard flights to the U.S. again after the airlines added additional security screening. [BBC]
Executive leadership at Facebook and Twitter is still the most predominantly white among big Silicon Valley companies. These charts analyzing the latest diversity statistics at major tech companies show that none of the companies have more than 30 percent female leadership. [Rani Molla / Recode]
Samsung is developing its own answer to Amazon’s Echo and Google’s Home; Amazon has 70 percent of the U.S. market for voice-activated speakers, and Google has about 24 percent. Internally code-named “Vega,” Samsung’s smart speaker will be powered by the company’s Bixby digital assistant. [Timothy W. Martin / The Wall Street Journal]
Top stories from Recode
CEO Elon Musk has an aggressive timeline for ramping up production of its Model 3, from 100 cars a month in August to about 2,000 per month by December.
As a society, we are addicted to the sugar high of a scandal, the sweetness of revenge. Neither will ever satisfy us. Neither is what we really need.
It transformed not just its own industry but created and transformed others.
This is cool
Apple employees are starting to move into the company’s new HQ in Cupertino — “a $5 billion, four-story, 2.8 million-square-foot ring that can be seen from space and that locals call the spaceship.” The building is affecting the local business ecosystem, attracting tourists and rattling the neighbors, who feel like a spaceship has landed across the street. [Kathy Chin Leong / The New York Times]
Recode – All Go to Source
Author: Joe Brown
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