Analysts keep raising their forecasts for Facebook’s revenue growth, and Facebook keeps beating them soundly, thanks primarily to the growth in mobile ads. The Street is looking for more of the same in today’s Q3 earnings report. — [Kurt Wagner / Recode]
Recode Daily: The market is expecting another big quarter from Facebook today
Analysts are looking for 54 percent year-over-year revenue growth.
Justin Sullivan/Getty Images
General Motors, a Lyft investor, is partnering with Uber to test a car-rental program for drivers in San Francisco. — [Johana Bhuiyan / Recode]
Responding to critics, Tesla laid out the financial case for its acquisition of SolarCity, saying the energy company would add $500 million in cash to Tesla’s balance sheet over the next three years. Shareholders will vote on the merger Nov. 17. — [Tim Higgins and Cassandra Sweet / Wall Street Journal]
Hulu’s upcoming subscription TV service will include channels from Disney and 21st Century Fox — no surprise, since they jointly run Hulu. The question is how many of those channels, along with those from other networks, it will be able to bundle for about $40 per month. — [Peter Kafka / Recode]
Instagram introduced new features designed to help its users identify and purchase products they may come across in photos from brands in their feeds. — [Jason Del Rey / Recode]
Recode’s Evening with Code Mobile event, Nov. 10 in Santa Clara, Calif., has added Oculus mobile chief Max Cohen to a speaker lineup that also includes Google VR head Clay Bavor, Zipline’s Keller Rinaudo and Jordan Hewson, CEO of Action Button. Space is limited, so register now. — [Ina Fried / Recode]
On a special episode of Recode Decode, hosted by Kara Swisher, we look back at the smartest and most important things our past guests from this show and Recode Media with Peter Kafka have said about diversity in tech and media. — [Eric Johnson / Recode]
Top Stories From Recode
More business from bigger merchants has helped.
Trump’s social media popularity is rigged, too.
The Spy magazine co-founder talks about branding Trump a “short-fingered vulgarian.”
It’s an important evolution of Apple’s contribution to user interface design.
This Is Cool
Apps like Prisma use neural network algorithms to apply a particular artistic style to an image. Now researchers from Google Brain’s Magenta project have come up with a way to apply custom combinations of styles to images and videos in real time.
This article originally appeared on Recode.net.
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