Keith Coleman fills a job that has seen lots of turnover.
Twitter has finally filled a key executive vacancy by acquiring mobile app startup Yes, Inc. and naming its CEO, Keith Coleman, as its VP of product. Coleman will be Twitter’s fourth product chief since its IPO in 2013, and the turnover has hobbled its ability to evolve. — [Kurt Wagner / Recode]
Donald Trump may have helped keep 1,100 Carrier jobs in the U.S. through a combination of jawboning and multi-million dollar incentives, but economists say that approach isn’t sustainable in the face of global economic forces driving manufacturing overseas. — [Mark Niquette, Rick Clough and Kevin Cirilli / Bloomberg]
If Apple is planning to use drones to improve its Maps app, it may want to get involved in the FAA’s rulemaking process. Right now, commercial drones aren’t allowed to fly over populated areas, but the FAA is currently crafting regulations for such uses. — [April Glaser / Recode]
The Daily Mail bought digital publisher Elite Daily two years ago, hoping to cash in on its millennial audience. Now the newspaper is writing off that investment as worthless and taking a $31 million bath in the process. — [Peter Kafka / Recode]
AngelList, which connects investors with startups, is paying about $20 million to acquire Silicon Valley darling Product Hunt, a site that lets people share and discover new products. — [Kurt Wagner / Recode]
On the latest episode of Too Embarrassed to Ask, Recode’s Jason Del Rey tells Kara Swisher and Lauren Goode that online holiday shoppers would be wise to look beyond Amazon to make sure they’re getting the lowest price, especially on less popular items. — [Eric Johnson / Recode]
Top Stories From Recode
The Black Hornet is small enough to fit in the palm of your hand.
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And that’s a problem.
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This Is Cool
University of Toronto researchers trained their system to analyze an image, then compose lyrics and a tune. To borrow from Samuel Johnson, this is “like a dog’s walking on his hind legs. It is not done well, but you are surprised to find it done at all.”