Recode Daily: The Trump slump is costing tech companies billions


Tech stocks extended their worst performance since the start of the bull market.

Tech industry stocks continued their post-election slide amid fears over Donald Trump’s trade and immigration policies. Facebook, Amazon, Apple and Alphabet were all down more than 2.4 percent. They’re down 8 percent since Trump’s victory. — [Lu Wang / Bloomberg]

Facebook’s fake news problem isn’t going away: A renegade internal task force has sprung up to criticize Mark Zuckerberg. Meanwhile, both Facebook and Google will ban sites that promote fake news from using their ad networks.[Casey Newton / The Verge]

Apple is exploring a move into digital glasses that would connect wirelessly to iPhones and display images and other information, possibly using augmented reality. — [Mark Gurman, Alex Webb and Ian King / Bloomberg]

Salesforce CEO Marc Benioff told the Code Enterprise conference that he admires Twitter’s vision and influence, but that he backed away from a possible acquisition because his shareholders opposed it. He also talked about the soured relationship between Salesforce and Microsoft. — [Kurt Wagner / Recode]

Top Stories From Recode

Mossberg: The new MacBook Pro is a fast, slim tweener

But the battery’s iffy, the Touch Bar is just okay — and you’ll need dongles.

WhatsApp is adding FaceTime-style video calls

The new feature is for iOS, Android and even Windows phone.

Why wait for a new smart car when you can update your existing one?

With Google’s new Android Auto app, end users start to get a feel for what an integrated Android Auto experience would be like — but in their current car.

Skilled service providers are less vulnerable to automation, says Thumbtack’s economist

The company, which connects people with service professionals, doesn’t expect much impact from the robot revolution.

This Is Cool

Brain implant lets woman paralyzed by ALS type with her mind

“This is the world’s first totally implanted brain-computer interface system that someone has used in her daily life with some success.”

via http://ift.tt/2gcogAn

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