Re/code Daily - Things Are Still Awful In the Chinese Stock Market

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•	Troubles in the Chinese economy have sent Asian stocks to their lowest levels since 2011, suggesting that last week's record-setting awfulness in global markets will continue into this week. [Jonathan Burgos \| Bloomberg Business]
•	Ford Chairman Bill Ford doesn't want tech companies encroaching on Detroit's turf. That's why he has steered Ford resources toward self-driving cars, building ride-hailing and ride-sharing fleets and talking with places like Google about new partnerships. The thing is, those tech companies are catching up. [Christina Rogers \| The Wall Street Journal]
•	Apple SVP Eddy Cue says that a glitch on Apple's end has been undercounting the number of eyeballs that articles are getting on the Apple News app. Since launch, publishers have been somewhat wary of the app, because of performance issues and low audience numbers. [Jack Marshall and Steven Perlberg \| The Wall Street Journal]
•	Apple Music, which launched last summer, now has 10 million paying subscribers, according to Apple. That's up from the 6.5 million subscribers that Tim Cook announced in October. The other on-demand music streaming giant, Spotify, said that it had 20 million paid subscriptions in June. [Dawn Chmielewski \| Re/code]
•	Chinese smartphone maker Xiaomi was once the world's most valuable startup, considered a dangerous competitor to Samsung in China. But there are lots of other new smartphone competitors, and Xiaomi has struggled as the Chinese market has matured. A lot of people are wondering what comes next for the company. [Eva Dou \| The Wall Street Journal]