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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.
Top stories from Recode
Facebook is banning hundreds more accounts run by Russian trolls.
This time, Facebook found and booted 270 IRA accounts.
500 Startups, still recovering from scandal, is giving some control to an Abu Dhabi investment firm.
It’s the VC firm’s most meaningful governance change since its CEO resigned from the role last year.
One of Pinterest’s top product execs, Jon Alferness, has left the company after less than a year.
Alferness, who reported directly to CEO Ben Silbermann, just joined Pinterest in August.
Snapchat is rolling out group video chats like Messenger and Houseparty.
It’s you and your 15 closest friends.
Trump keeps bashing Amazon for its Postal Service pact — but he’s overlooking a different controversial deal that gives Chinese merchants an advantage in the U.S.
The reason might rhyme with “Beff Jezos.”
At $ 27 billion, Spotify is the seventh-most-valuable internet company to go public in the U.S.
It’s up there with Google, if you don’t adjust for inflation.
As women in tech gain experience, their pay gap with men gets worse.
On average, women are offered 4 percent less than man for the same job at the same company.
This is cool
50 years later, the world is still catching up with “2001: A Space Odyssey.” The Stanley Kubrick sci-fi classic returns to theaters in May with an “unrestored” 70mm print.
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