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Jeff Bezos says Amazon has more than 100 million Prime members

Amazon just revealed one of its biggest, longest-kept secrets: The company has more than 100 million Prime members, CEO Jeff Bezos includes in his annual letter to shareholders . “13 years post-launch, we have exceeded 100 million paid Prime members globally,” he wrote. “In 2017 Amazon shipped more than five billion items with Prime worldwide, and more new members joined Prime than in any previous year — both worldwide and in the U.S.” The ...
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Full transcript: Recode’s Kurt Wagner and The Verge’s Casey Newton answer Facebook questions on Too Embarrassed to Ask

On this episode of Too Embarrassed to Ask, Recode’s Kurt Wagner and The Verge’s Casey Newton talk with Kara Swisher about Facebook CEO Mark Zuckerberg’s two-day marathon of hearings in front of Congress. You can read a write-up of the interview here or listen to the whole thing in the audio player above. Below, we’ve posted a lightly edited complete transcript of their conversation. If you like this, be sure to subscribe to Too Embarrassed ...
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Full transcript: Yelp CEO Jeremy Stoppelman on Recode Decode

On this episode of Recode Decode, hosted by Kara Swisher, Yelp CEO Jeremy Stoppelman talks about why people are just now “waking up” to Silicon Valley’s dark side. Stoppelman’s company has feuded for years with its much larger rival Google, which Yelp says has unfairly weighted local search results to its own product. You can read a write-up of the interview here or listen to the whole thing in the audio player above. Below, we’ve also prov...
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SoftBank is in talks to invest in data storage company Cohesity at a $1 billion valuation

SoftBank’s Vision Fund is in late talks to fund a hot data storage company, Cohesity, in a deal that would value the company at about $1 billion. Investors would place at least $150 million into the company, people familiar with the matter say, in what would be the latest romp on a deal spree by the massive technology investing firm. The Vision Fund-led round is still in the process of closing, the people said, and the numbers could change ...
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SpaceX’s valuation is expected to climb to $24 billion

SpaceX has signaled it will be valued at about $24 billion as it continues to raise mountains of money to support its cash-intensive rocket business. The company disclosed in a Delaware filing last week that it was authorizing a new $500 million round of financing, its Series I, and selling equity at $169 a share. That comes out to a $23.7 billion valuation if all the shares are issued, according to Lagniappe Labs, the creator of the Prime ...
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Mark Zuckerberg got a win today in Congress, but the threat of more regulation looms

Mark Zuckerberg testified before Congress on Tuesday in a marathon five-hour hearing, and he walked away with a victory. Wearing a navy blue suit and a royal blue tie instead of his usual T-shirt and jeans, the Facebook CEO spent much of the day answering questions about how Facebook’s services work. Does Facebook delete user data from its server once an account is deleted? (Yes.) Can Facebook use your WhatsApp messages to target you with a...
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Recode Daily: Mark Zuckerberg cleans up nice before testifying on Capitol Hill

Facebook CEO Mark Zuckerberg is taking this week’s two-day marathon of testimony on Capitol Hill seriously — he’s even going to wear a suit and tie. Zuckerberg is scheduled to testify tomorrow before a joint Senate Judiciary and Senate Commerce Committee hearing on Facebook users’ social media privacy and the use of their personal data; he is also set to testify before the House Energy and Commerce Committee on Wednesday. Facebook has hired...
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Full audio: Our extended, uncut interview with Apple CEO Tim Cook

If you missed Recode and MSNBC’s interview with Apple CEO Tim Cook — our latest “Revolution” TV special aired yesterday, April 6 — or want to hear more, enjoy this extended audio interview, conducted by Recode’s Kara Swisher and MSNBC’s Chris Hayes. The uncut interview — in this special episode of Swisher’s Recode Decode podcast — includes new material that didn’t air on TV, such as more on Apple’s education efforts, manufacturing, immigrat...
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Steve Jurvetson appears to be starting his own venture capital firm

Steve Jurvetson, the prominent venture capitalist who left DFJ in a messy split late last year, appears to be starting his own firm, Recode has learned. Jurvetson is listed as the founder of a soon-to-launch fund called Future Ventures, according to the firm’s website. “At Future Ventures, we support passionate founders who are forging the future. For the past 23 years, we have backed the visionaries who push the boundaries of possibility a...
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Facebook rewrote its terms of service and data policies to better explain what data it is collecting about you

Last week, Facebook redesigned its settings page so it would be easier to find all of the information the company has collected about you. This week, Facebook is trying to better explain how and why it collects that data, so it rewrote its terms of service and data policies to include more details about how Facebook operates. Facebook’s old Terms of Service were last updated more than three years ago. The new policies are longer and include...
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