Recode Daily - Why does Uber need to borrow $2 billion?

	Uber is looking for a $2 billion loan, which is unusual for a startup but not all that surprising for cash-hungry Uber, which also recently got a $3.5 billion equity investment. It makes sense that Uber needs all this cash, because the company is barreling toward building privatized, self-driving mass transit. [Johana Bhuiyan \| Recode]
	Twitter once thought about buying Soundcloud, but decided not to. Now, Twitter has invested $70 million in the music streaming service, possibly looking to add music features that will help Twitter with the user growth it desperately needs. [Peter Kafka and Kara Swisher \| Recode]
	CEO Drew Houston says he has righted the ship at struggling Dropbox, the $10 billion company that's viewed by some as the poster boy for overvalued unicorn startups. Houston told Bloomberg that the company is "free cash-flow positive," or profitable when not accounting for capital expenditures. [Arik Hesseldahl \| Recode]
	Bed Bath & Beyond has acquired One Kings Lane, the online furniture retailer, for a purchase price the company called "not material." As recently as early 2014, One Kings Lane raised funding at a $900 million valuation. [Suzanne Kapner \| The Wall Street Journal]
	Recently, Zenefits forced out its founding CEO amid a messy regulatory scandal prompted by a series of BuzzFeed News articles. Things continue to look shaky at Zenefits: The company is now cutting 9 percent of its staff, and has laid off more than 350 people since January. [Arik Hesseldahl \| Recode]

Politics

Asked why he supports Clinton over Trump, Marc Andreessen responds: "Is that a serious question?"

By Dawn Chmielewski

The venture capitalist said any proposal to "choke off" immigration"makes me sick to my stomach."

Voices

$26 billion and the incalculable value of LinkedIn

By Shane Atchison

Microsoft got a great deal on LinkedIn. Here's why.

Microsoft

LinkedIn's Reid Hoffman is likely to get Microsoft board seat

By Kara Swisher

The longtime tech investor and entrepreneur is an insider's insider in Silicon Valley.

Policy

Net neutrality won. Here's the essay that started it all.

By Recode Staff

Tim Wu first articulated the concept 14 years ago.

Security

Russian hackers attacked the DNC looking for dirt on Donald Trump

By Dawn Chmielewski

Two groups believed to have ties to Russian intelligence services sniffed around the DNC's computers for more than a year.

Smash Mouth has the best (worst) Twitter

You probably know because of the song "All Star." Here's that scene from "Shrek." Go watch. I'll wait. Anyway, Smash Mouth has an insane Twitter presence and picks a lot of ridiculous fights about Billboard positions and the Monkees. Gawker has the story.