Donald Trump’s Twitter account disappeared for 11 minutes. Twitter blamed a single employee, who apparently deactivated it on their last day of work. How did that happen? And what will Trump — and other politicans, who are already scrutinizing Twitter — say today? In the meantime, many Twitter users have been entertained by the incident. [Kurt Wagner + Kara Swisher / Recode]
Recode Daily: Apple’s upbeat earnings report is outshone only by its shiny holiday-shopping forecast
Plus, the president appoints a new head of the Fed, Trump’s Twitter account briefly vanishes, and the great poop-emoji feud.
Apple reported buoyant fourth-quarter earnings, with revenue up 12 percent to $52.6 billion over the year-ago quarter and earnings per share up 24 percent. The company made $8.5 billion from its services division during the quarter — more than from AirPods, Apple TV, Watch and iPads sales combined. But the most important number Apple revealed was the forecast for its fiscal first quarter, which includes today’s launch of its flagship iPhone X and what the company projects will be record sales during the holiday season. [Dan Frommer / Recode]
Closing out two weeks of earnings reports from big tech companies, Pandora reported yesterday (revenue up 8 percent year over year, but a decline in active listeners), as did CBS (revenue up 3 percent to $3.17 billion, with key profit measures declining) and Alibaba (up 61 percent YoY to $8.3 billion).
Amazon is shutting down its Fresh grocery delivery service in some cities. That’s a suprising move in the wake of its Whole Foods acquisition. [Jason Del Rey / Recode]
President Trump appointed a new head of the Federal Reserve Board, bypassing Janet Yellen for a second term and picking centrist candidate Jerome Powell over economist John B. Taylor, the hawkish reported choice of hard-line conservatives. Powell, a lawyer and investment banker who isn’t trained in economics, has been a member of the board since 2012. [Steven Rattner / The New York Times]
Two high-profile local digital news operations, DNAinfo and Gothamist, were suddenly shut down yesterday by their owner, Joe Ricketts, the billionaire founder of TD Ameritrade and a vocal opponent of unions. A week ago, his 115 journalists had voted to join a union. [The New York Times]
The U.S. Congress released a list of 2,752 now-deactivated Twitter accounts that the company identified as being tied to Russia’s “Internet Research Agency” troll farm. Here’s the complete list of handles, from @10_gop to @ZzzacharyZzz. [Dan Frommer / Recode]
Top stories from Recode
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This is cool
This article originally appeared on Recode.net.
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