Jay Z couldn’t find a buyer for his streaming music service, Tidal, but he got a partner: Sprint bought a one-third stake for a reported $200 million. But, beyond some exclusives and a board seat, it’s hard to see what the carrier gets out of the deal. — [Peter Kafka / Recode]
Recode Daily: Sprint gets in the Jay Z business
But aside from some exclusives, it’s hard to see what the carrier is getting out of the deal.
Justin Sullivan/Getty Images
President Trump’s order pulling the U.S. out of the Trans-Pacific Partnership won the praise of some odd bedfellows — progressive Democrats and digital rights activists. Less popular in those quarters: His choice of net neutrality nemesis Ajit Pai to head the FCC. But the telecom industry was pretty happy. — [Emily Dreyfuss / Wired]
Would Steve Jobs have been as acquiescent as current tech leaders in the wake of Trump’s election? We can’t know, but one thing is true — the “pirates of Silicon Valley” days that he embodied are over. — [Kara Swisher / Recode]
Chris Lattner, the Apple engineer who will soon lead Tesla’s Autopilot software development, says he’s “an un-car person” who wants to “accelerate the path to cars being appliances that solve people’s problems.” — [Dan Frommer / Recode]
Yahoo, reporting Q4 earnings that beat expectations, said its $4.8 billion deal with Verizon will likely close in the second quarter, not the first, as the companies deal with the fallout from two massive data breaches, now under investigation by the SEC. — [Kara Swisher / Recode]
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This article originally appeared on Recode.net.
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