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| | Read Now | • | EU antitrust boss Margrethe Vestager said in an interview that an investigation into Google's Android and AdSense businesses was "continuing," suggesting that formal charges are on the way. In a hearing, Vestager also said that a two-year investigation of Apple's tax strategy in Ireland is also ongoing. [Natalia Drozdiak | The Wall Street Journal] | • | The Panama Papers leak has captured heads of state like Vladimir Putin and the leader of Iceland, but it hasn't mentioned many Americans, at least so far. Why? Perhaps because America is a pretty great place for rich Americans to hide their money. Meanwhile, the law firm at the center of the shell company-tax evasion scandal, Mossack Fonseca, is scaling back its operations now that -- in its own words - "the cat is out of the bag." [Blake Schmidt | Bloomberg] | • | Salesforce, buying into the latest Silicon Valley craze, acquired the deep learning artificial intelligence startup MetaMind for an undisclosed amount of cash. This was more likely about snagging MetaMind's talent than its language processing business. [Arik Hesseldahl | Re/code] | • | Airbnb and home-sharing aren't going away anytime soon, and hotels are waking up to that reality. That's why AccorHotels, the largest European hotel operator, has bought the luxury home rental startup onefinestay for $168 million, with plans to expand the company's business. [Ross Larsen | Bloomberg] | • | Tesla's Q1 sales numbers were lower than expected, which it attributed to manufacturing foul-ups and "hubris" -- again, its own words -- over the number of Model X SUVs that the company projected. This will probably make Wall Street worry about whether it can deliver on its 200,000-plus Model 3 order numbers. [Mike Ramsey | The Wall Street Journal] |
| | Top Stories from Re/code | | | | | | | This Is Cool | How Celebrities Make Money for Doing Nothing | Celebrities in Hollywood can make tens of thousands of dollars per night by simply showing up to a nightclub for an hour and drinking free booze. Carrie Battan explains how this happened, who brokers these deals and why it's a special kind of branding unique to a post-social media age. | |
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