Plus, Spotify’s unusual IPO led to a $ 27 billion valuation, Apple hires Google’s AI head, and “2001: A Space Odyssey” turns 50.
A woman opened fire Tuesday afternoon at YouTube headquarters in San Bruno, Calif., injuring three before taking her own life. The suspected shooter has been identified as 39-year-old Nasim Najafi Aghdam. Numerous reports and supposed posts by Aghdam indicate that she was disgruntled about recent policy changes made by YouTube, which made it harder for tens of thousands of small video makers — apparently including Aghdam — to make money using YouTube’s ad revenue-sharing program. [Kara Swisher / Recode]
Spotify’s first day of trading as a public company ended up being surprisingly normal — and that’s a win for its “direct listing” strategy. About 30 million shares of Spotify’s 178 million outstanding shares traded hands yesterday, and after a drop of about 11 percent from the opening price of $ 165.90, the stock was trading at around $ 149 by afternoon; at the end of the day, Spotify was considered by Wall Street to be a $ 27 billion company. [Theodore Schleifer and Rani Molla / Recode]
Apple has hired Google’s chief of search and artificial intelligence. John Giannandrea, who helped lead the push to integrate AI throughout Google’s products, will run Apple’s machine learning and AI strategy, and will be one of 16 executives who report directly to CEO Tim Cook. The hire is a major coup for Apple, which many Silicon Valley executives and analysts view as lagging its peers in artificial intelligence. [Jack Nicas and Cade Metz / The New York Times]
Make time for this wide-ranging conversation with Saudi Crown Prince Mohammed bin Salman, who is on a seemingly endless pilgrimage to the nodes of American power — he visited Silicon Valley and Hollywood this week. The prince’s current U.S. visit is mainly a hunting trip for investment, and an opportunity for him to sell his so-called Vision 2030, an elaborate, still mainly unexecuted plan to modernize the Kingdom of Saudi Arabia and end its dependence on oil. [Jeffrey Goldberg / The Atlantic]
Here’s an in-depth examination of how Twitter was hijacked by the dark side: The company’s early zeal for free speech ultimately blinded it to safety concerns that continue to plague the platform. And here are some ways Twitter can make itself safer right now.[Austin Carr and Harry McCracken / Fast Company]
Recode Presents …
Fire up your DVR: Recode’s Kara Swisher and MSNBC’s Chris Hayes interviewed Apple CEO Tim Cook for the special, “Revolution: Apple Changing the World” — it’s scheduled to premiere this Friday, April 6 at 8 pm ET / 5 pm PT on MSNBC.
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