Recode Daily - Didi plans to use its billion dollars from Apple as a runway to an IPO - May 16, 2016

[banner] [..] [..] [.] Last week, Chinese ride-hailing giant Didi Chuxing [swallowed a $1 billion investment] from Apple. Next up: An IPO. Bloomberg [reported] that Didi, which is Uber's biggest global competitor, is aiming to go public in the U.S. in 2017; Didi is telling other news outlets that it won't happen until 2018. [[Reuters]] [.] When and how will self-driving cars get here? There are two schools of thought: Some companies, like Google, are working on a rapid, "revolutionary" model of changes. Others, like Tesla, look to "evolve" cars and gradually add self-driving features. Eventually, experts anticipate the two models will converge around 2030. Our interactive timeline shows you each step. [[Johana Bhuiyan | Recode]] [.] Confirming [an earlier Recode report], Amazon is [going to begin rolling out] private-label household products and groceries. It's a big deal for Amazon and its retail competitors. [[Jason Del Rey | Recode]] [.] On the latest Recode Decode podcast with Kara Swisher, Congresswoman and former Speaker of the House Nancy Pelosi says that she doesn't merely hope that Donald Trump won't end up in the White House; she "guarantees" it won't happen. In the interview, which we've also made available in video, Pelosi goes on to talk about Apple and the FBI, and Congress and the tech industry. [[Eric Johnson | Recode]] [.] Warren Buffett has famously avoided investing in tech, but that is changing this year. First Buffett offered to back a consortium bidding for Yahoo; now his Berkshire Hathaway has disclosed it owns 9.8 million shares - about a billion dollars' worth - of Apple. [[Noah Buhayar | Bloomberg]] [..] Facebook [Glenn Beck says he's going to meet Mark Zuckerberg this week] By Peter Kafka "It would be interesting to look him in the eye." Voices [The Facebook papers Part 2: The user experience revolt] By Tony Haile What publishers can and can't do — and how that forces them into giving up more of their core competencies to Facebook. Yahoo [One of Marissa Mayer's trusted product leaders is leaving for Instagram] By Dan Frommer Robby Stein will join Instagram's new-look product team. Capital Gains [Apple bets a billion against Uber, synthetic spider silk raises $50 million] By Noah Kulwin Funding headlines from this past week in Silicon Valley. Facebook [Facebook says some of its best friends are conservatives] By Peter Kafka It even hires them! Voices [After three weeks in China, it's clear Beijing is Silicon Valley's only true competitor] By Cyriac Roeding We are too well-fed in Silicon Valley. [..] [Paul Ryan, the Republican] [Paul Ryan is the Speaker of the House, and technically the highest-ranking Republican in the land. And, like the rest of the political establishment, he appears to be falling in line behind candidate Trump. BuzzFeed's Republican chronicler-in-chief, McKay Coppins, explains vividly and humorously why the "good soldier" of the GOP was so quick to back down against Trump.] [facebook] [twitter] [YouTube] [Instagram] [News] [divider][Podcasts] [divider][Events] [img-3] You are receiving this email because you subscribed to Recode Daily. If you would like to unsubscribe, [click here]. Mailing Address: Vox Media, 1201 Connecticut Ave. NW, Washington, DC 20036 Copyright © 2016 Vox Media, Inc.