Re/code Daily - Who Bought Twitter Shares Yesterday, and Who Wants to Buy Twitter? - Jan 21, 2016

Read Now  • Twitter's stock was doing some weird stuff yesterday. It began trading near an all-time low, and then spiked sharply by seven percent, before closing out the day with a four percent gain. The reason? A $4.4 million trade on Twitter stock, and a widely-circulated rumor that News Corp. was looking to acquire Twitter, which a News Corp. spokesperson flatly denied to Re/code. Even if Rupert Murdoch doesn't buy them, Twitter is looking more and more like an acquisition target. [Kurt Wagner | Re/code] • General Motors has had a busy January. It announced a $500 million investment in Lyft, scooped up the assets of recently-deceased Sidecar and unveiled its new, cheaper all-electric Chevrolet Bolt at CES. Now, the carmaker is launching a company called Maven, that will hold all of its Zipcar-like ride-sharing services, including a new pilot program in Ann Arbor, Mich. [Noah Kulwin | Re/code] • Facebook has tried making its own Snapchat, its own Whisper-Yik Yak thing and now its own ESPN-like live sports stats and content app. It's called Facebook Sports, and it is Facebook's play at stealing some of Twitter's live sports thunder. [Kurt Wagner | Re/code] • This week on the "Re/code Decode" podcast, Peter Kafka talked with BuzzFeed News executive editor of news Shani Hilton. She oversees the hundred-plus newsroom that has broken stories on everything from Ferguson to Big Pharma to match-fixing in tennis. Hilton talks about her perspective on bringing hard news to millennials, and what the next steps look like for one of new media's most highly-prized upstarts. [Eric Johnson | Re/code] • Re/code's Code/Media conference next month is already stuffed with great speakers, but we've found room for three more: Cosmopolitan editor (and Snapchat board member) Joanna Coles, BuzzFeed publisher Dao Nguyen, and NYT video guru Alex MacCallum. Click the link below to sign up for the Feb 17/18 event. [Peter Kafka | Re/code]  Top Stories from Re/code  Commerce Amazon’s Clothing Selection Is Now Bigger Than 250 Walmart Supercenters Combined By Jason Del Rey The company's clothing selection is now bigger than its electronics catalogue. Media In Preparation for the Hulk Hogan Trial, Gawker Media Sells Minority Stake By Noah Kulwin The Hogan trial is scheduled to start on March 7. Commerce Snapdeal Hopes to Go Public in India, but Offering Could Be Years Away (Video) By Ina Fried Snapdeal would like to do a stock offering in India so its sellers and customers can also become shareholders. Commentary Mossberg: Smartwatches Need to Get Smarter By Walt Mossberg The wearable wonder isn't living up to its hype. Mobile FreedomPop Raises Another $50 Million to Offer Cheap Global Roaming for World Travelers By Ina Fried The move is a poke at AT&T and Verizon, which charge hefty fees to take phones abroad. Policy Hillary Clinton Comment Suggests Progress in Tech Versus ISIS Talks By Dawn Chmielewski Told that recent Silicon Valley-Obama Administration meetings were a dud, Clinton responded: "That's not what I heard."  This Is Cool  Tell Your Loved One to Get a "Fuck Off Fund" Today There are many different ways to tell someone to start saving when they're young, and most of them sound preachy and self-righteous. In the Billfold, writer Paulette Perhach tells a moving and surprising yarn about all of the important reasons why it's worth it to start putting money aside early on. Or as she puts it, setting up a "Fuck Off Fund." Read more Re/code Daily here! Your friends can also receive Re/code Daily! They can sign-up for FREE here. For Reprints and Permissions, click here. |  News  |  Podcasts  |  Events  | Follow Us: You are receiving this email because you subscribed to Re/code Daily. If you would like to unsubscribe, click here. Mailing Address: Re/code – PO Box 1830, Morgan Hill, CA 95038 Copyright © 2015 Vox Media, Inc.

 

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