With Donald Trump serving as cheerleader (and taking some of the credit), Sprint said it plans to “create or bring back to America” 5,000 jobs. Trump, also noting satellite startup OneWeb’s previously announced plans for 3,000 U.S. jobs, cited the efforts of Masayoshi Son, CEO of SoftBank, the majority owner of Sprint and an investor in OneWeb. — [Jennifer Epstein, Justin Sink and Michelle Jamrisko / Bloomberg]
Recode Daily: Trump applauds Sprint’s plan to add 5,000 jobs in the U.S.
It was part of parent company SoftBank’s pledge to create 50,000 U.S. jobs.
Startups working on self-driving cars and related technology will get a lot of attention in 2017, as investors look for potential acquisition targets and companies that can challenge the big-name players. Here are some of the startups to watch. — [Johana Bhuiyan / Recode]
No e-commerce companies went public in 2016, but three hot startups could take the plunge in 2017: Pet supply retailer Chewy.com, apparel and styling service Stitch Fix and mattress maker Casper. — [Jason Del Rey / Recode]
Why does Apple build its iPhones in China? It’s not just cheaper labor. A clever customs operation set up just outside the factory where they’re built and tax breaks make it much more cost efficient. — [David Barboza / New York Times]
Facebook won’t say it’s worried about Snapchat, but it doesn’t have to. Just look at all the Snapchat-like features it added this year. — [Kurt Wagner / Recode]
On the latest episode of Recode Media with Peter Kafka, LinkedIn Executive Editor Daniel Roth says human editors, peer pressure and a business orientation help his site avoid Facebook’s problems with fake news and personal political attacks. — [Eric Johnson / Recode]
Top Stories From Recode
Periscope is still plugging along.
The companies aren’t sharing deal terms.
His mission: To responsibly unleash the power of data to benefit all Americans.
This Is Cool
The New York Times put together 50 maps showing the fan distribution for the 50 most “liked” television shows among Facebook users, illustrating the geography of the nation’s cultural divide.
This article originally appeared on Recode.net.
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