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| | | Read Now | | • | Spotify has raised $1 billion in debt financing. It could use this money to build a pre-IPO war chest, buy a struggling Pandora (unlikely) or Soundcloud (possible) or finally make a serious video content play.
[Peter Kafka | Re/code] | | • | Foxconn, the company best known as Apple's iPhone assembler, is buying two-thirds of Sharp, which supplies phone screens to Apple, for $3.5 billion.
[Pavel Alpeyev | Bloomberg] | | • | Now that the FBI says it successfully hacked into the San Bernardino iPhone without Apple's help, Apple wants to know how they did it. If the DOJ pursues a court order for a similar case in Brooklyn, then Apple has a chance to learn who assisted the feds.
[Dan Levine | Reuters] | | • | Startups may be laying off staff or raising down rounds, but that hasn't stopped the flow of cash into venture capital coffers. VC firms have raised about $13 billion in this quarter alone, which says more about the returns on VC investment than the health of the Silicon Valley ecosystem.
[Rolfe Winkler | The Wall Street Journal] | | • | Google Fiber is mostly operating in Middle America right now, and people between the coasts still use landlines, which is why Google has now added a $10 a month phone service to its cable TV and Internet offering.
[Mark Bergen | Re/code] |
| | | | Top Stories from Re/code | | | | | | | | | | | | | | This Is Cool | | Dustin Hoffman Sounds Like a Crazy Person. Talented, But Crazy. | | Vanity Fair's April cover story is about the making of the late 1970s classic, "Kramer vs. Kramer." The movie is about a divorced couple (played by Meryl Streep and Dustin Hoffman) that fight for custody of their son. Hoffman was the one who convinced the director to cast Streep, but on set, he got so into character that he became quite violent toward her. | | |
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