Recode Daily: Politically conservative Meredith Corp. bought Time Inc. with $650 million from the politically conservative Koch Bros.

Plus, questions about those “pro-repeal” net neutrality comments, Cyber Monday emerges from Black Friday’s shadow, and the backlash from that “Nazi next door” profile in the New York Times.

Backed by a $ 650 million cash infusion from the politically conservative Koch brothers, the politically conservative Meredith Corp. has bought Time Inc., the publisher of once-premier glossy titles including Time, Sports Illustrated and People. Charles and David Koch have long sought to shape political discourse through their support of nonprofit organizations, universities and think tanks, but have never owned their own media company; they have gone on the record saying they’re investing in the magazine business because it’s a good investment — not because they want media outlets to carry their conservative messages. [Peter Kafka / Recode]

Net neutrality supporters have a strong legal case to overturn FCC chairman Ajit Pai’s proposed rules repeal in court; the agency is trying to force a vote on its plan on Dec. 14. Analysis of the FCC net neutrality comments found that more than one million pro-repeal comments may have been faked, with 99 percent of the organic comments in favor of keeping rules. FCC Commissioner Jessica Rosenworcel weighed in with a frankly worded LA Times op-ed, saying, “I’m on the FCC. Please stop us from killing net neutrality.” [Tim Wu / The New York Times]

Today is Cyber Monday, which is anticipated to generate more retail income than Black Friday. Some shoppers were surprised to find un-crowded Targets, Best Buys and Walmarts when they dutifully showed up prepared for Black Friday mobs. That’s because the action has been spread out for nearly the full week and was already happening on mobile phones and tablets, where shoppers spent $ 2.9 billion on Thanksgiving, an 18 percent increase over last year; consumers are expected to spend $ 107.4 billion online this holiday season, up 14 percent over last year. [Jason Del Rey / Recode]

On Black Friday, HBO was the first advertiser to test Snapchat’s new ad format in the U.S. — HBO’s Promoted Story told viewers to stay home and watch “Game of Thrones” instead. Promoted Stories let advertisers pay to push their Stories to more users, and because they are country-wide, a brand could push their ad to all Snapchat users in the U.S. [Kurt Wagner / Recode]

The New York Times published a big profile of a white supremacist, the Nazi sympathizer next door.” Then, answering an outpouring of criticism, the NYT took 706 words to responded to everyone who hated its story about the “polite and low-key” American Nazi. Then the Atlantic objected, too. And Quartz … [Theodore Schleifer / Recode]

New Uber CEO Dara Khosrowshahi talks about his family’s immigration from Iran amid the 1978 revolution — and when he first felt like an American. Khosrowshahi, who came to America at age 9, believes that his background will help him reform Uber’s toxic culture, so, “In contrast to his callously confrontational predecessor, [he] understands what it’s like to be an outsider.” [Steven Levy / Wired]

Here’s why you’re reading this email newsletter: They work. The Washington Post has more than 70 newsletters alone, focusing on topics as varied as politics, faith and parenting (it even has a newsletter that features the best comments). And monetization efforts play second fiddle to a more important business consideration: Driving and retaining digital news subscriptions. [Rob Tornoe / Editor & Publisher]

Top stories from Recode

Will Tesla disrupt the trucking industry?

The Verge’s Tamara Warren breaks down what’s the deal with those Tron-looking trucks (and why they have no mirrors) on Too Embarrassed to Ask.

The company behind Pokémon Go has a Harry Potter game in the works — here are some unsolicited suggestions from a Potthead.

Dear Niantic: Please don’t screw this up.

How LinkedIn co-founder Reid Hoffman would fix social media.

Hoffman, now a general partner at Greylock partners, talks with Kara Swisher on the latest episode of Recode Decode.

This is cool

Trolling Trump with the cover of Time magazine.


Recode – All

Essential Phone drops from $1,050 to $650 in Canada

Late last month, Essential dropped the price of its flagship (and only) phone from $ 699 to $ 499 in the United States. While Essential said it lowered the price in order to help the company break into the smartphone market, it’s also very likely that sales have been poor. A drop was also announced for Canada, but the new price wasn’t revealed at the time.

According to the company’s Twitter account, the Essential Phone is now dropping from $ 1,050 to just $ 650 in Canada – a reduction of $ 400.

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Essential Phone drops from $ 1,050 to $ 650 in Canada was written by the awesome team at Android Police.

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[Deal Alert] Sony Xperia XZ1 is already $50 off ($650) on Amazon

The Xperia XZ1 is Sony’s latest flagship, released less than a month ago in the United States. It’s probably not the prettiest phone released this year, and it’s fairly expensive (like all Sony phones), but it’s not a bad device by any means. If you were looking to buy one, you’ll be happy to know that it’s already $ 50 off on Amazon (making the total $ 650).

The XZ1 has a 5.2″ 1080p IPS display, a Snapdragon 835 processor, 4GB of RAM, 64GB of storage, a 19MP rear-facing camera, a 13MP front-facing camera, and a 2700mAh battery.

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[Deal Alert] Sony Xperia XZ1 is already $ 50 off ($ 650) on Amazon was written by the awesome team at Android Police.

Android Police – Android News, Apps, Games, Phones, Tablets

ZTE and AT&T reportedly have a $650 Snapdragon 820-powered foldable dual-screen tablet called Axon Multy in the works

Tablets haven’t been doing so well in recent years, but companies like Apple, Samsung, and ASUS are still churning them out. ZTE, however, seems to be taking a slightly different approach. According to Evan Blass (aka @evleaks) of VentureBeat, the Chinese OEM is working on a foldable 6.8″ tablet with some fairly high-end specs. But with all this fancy tech will come a high price tag: $ 650, to be exact.

You might recall the foldable form factor from the Kyocera Echo from a few years ago, which didn’t do too well.

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ZTE and AT&T reportedly have a $ 650 Snapdragon 820-powered foldable dual-screen tablet called Axon Multy in the works was written by the awesome team at Android Police.

Android Police – Android News, Apps, Games, Phones, Tablets

[Update: Best Buy, Amazon, and Samsung.com too] Deal Alert: Get a US unlocked Galaxy S8 for just $575 and an S8+ for $650 on eBay

The Galaxy S8 and S8+ are some of the best phones on the market, with their main downside being that their MSRPs are a little too high.

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[Update: Best Buy, Amazon, and Samsung.com too] Deal Alert: Get a US unlocked Galaxy S8 for just $ 575 and an S8+ for $ 650 on eBay was written by the awesome team at Android Police.

Android Police – Android News, Apps, Games, Phones, Tablets