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Home » NewsBlog » ReCODE

Mithril Capital promised to be the “capstone” to Peter Thiel’s investment empire. It ended up as a major distraction.

2019-02-19T03:04:23+00:00February 19th, 2019|Categories: News, Social Media|Tags: |

A dozen former employees, investors in the fund, and other people close to the matter describe an investment firm in disarray. Seven years ago, a smooth-talking associate of Peter Thiel promised that he had launched the “capstone” to Thiel’s investment empire, naming their new firm after a mythical metal in Lord of the Rings because [...]

The UK Parliament wants to regulate Facebook. So does everybody else.

2019-02-19T03:04:22+00:00February 19th, 2019|Categories: News, Social Media|Tags: |

The UK’s Digital, Culture, Media and Sport Committee called Facebook a “digital gangster” — but it’s not the only group of regulators out for blood. The cries to regulate Facebook are getting louder and louder. This week they’re coming from a familiar foe: The UK’s Digital, Culture, Media and Sport Committee, which has been investigating Facebook’s [...]

Recode Daily: Facebook has behaved like “digital gangsters,” says a UK report on fake news and data privacy

2019-02-19T03:04:21+00:00February 19th, 2019|Categories: News, Social Media|Tags: |

Plus: Northern Virginia is keeping Amazon’s 25,000 jobs; Amazon invests in a rival to Tesla’s electric cars; what all the US presidents served at state dinners — and what it means. Comparing Facebook to “digital gangsters” in the online world, a final report by a British parliamentary committee found that the company deliberately broke privacy [...]

Amazon’s grave HQ2 mistake: The political landscape changed but the company’s playbook didn’t

2019-02-16T03:05:09+00:00February 16th, 2019|Categories: News, Social Media|Tags: |

The HQ2 contest was very Amazonian. So was its refusal to back down. No one looks good in the wake of Amazon’s decision to scrap plans for a giant New York headquarters in Long Island City, Queens. The state’s two powerful politicians — Governor Andrew Cuomo and New York City Mayor Bill de Blasio — [...]

Recode Daily: Amazon dumps NYC, shocking developers who had rushed to be near its new HQ2

2019-02-16T03:05:08+00:00February 16th, 2019|Categories: News, Social Media|Tags: |

Plus: Trump will declare a national emergency to get money for his wall; JPMorgan Chase creates its own cryptocurrency; meet Australia’s first tech billionaires. In a startling and rare defeat for the $800 billion tech giant, Amazon is scrapping its plan to bring a new headquarters — along with 25,000 jobs — to New York [...]

Facebook may be facing a “multibillion-dollar” fine from the FTC. Here’s why.

2019-02-15T03:04:23+00:00February 15th, 2019|Categories: News, Social Media|Tags: |

Cambridge Analytica is still causing headaches for Facebook. The FTC isn’t messing around. The Federal Trade Commission, which is still investigating Facebook for potential privacy violations related to how the company has shared data in the past with outside developers, is negotiating with Facebook to settle the issue with a fine that could be billions [...]

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