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Verizon revealed that Yahoo’s 2013 security breach affected all three billion of its users — more than three times what was initially reported. The Senate Commerce Committee wants Yahoo — now owned by Verizon — to testify on Capitol Hill, along with executives from Equifax, whose recent hacking incident exposed the sensitive data of more than 145 Americans. Former Equifax CEO Richard Smith testified before Congress today, and apologized for the breach. [Tony Romm / Recode]
Uber’s board is changing its power structure and voted to move forward with a massive investment by Japan’s SoftBank. The 11-member board will add six new seats, and approved a resolution for Uber to go public by 2019. Benchmark has conditionally agreed to drop its lawsuit against former CEO Travis Kalanick, if the investment goes through and the governance changes are implemented. [Theodore Schleifer / Recode]
Jack Dorsey returned to Twitter as its CEO two years ago. But he still hasn’t saved the company he founded — in fact, by all the usual metrics, he has failed. [Kurt Wagner / Recode]
Snap says it hasn’t found any Russia-backed ads on its platform — but Congress also wants to hear what other tech companies, including Reddit and Yahoo, have found in their ad-sales records. Meanwhile, Snap CEO Evan Spiegel said he has no regrets about how or when he took the company public in March. [Tony Romm / Recode]
Google is releasing the Pixel 2 today — the next generation of the first smartphone designed and sold by the company. Google’s teaser video claims the phones can solve problems like bad photos, battery life and more — here’s what to expect from today’s launch event, including a mini-version of Google Home and perhaps a high-end Chromebook. Also on tap today: New smart speakers from Sonos. [Chaim Gartenberg / The Verge]
The CEO of Cruise Automation says it’s critical to test self-driving cars on the challenging roads of San Francisco, with its unpredictable auto, pedestrian, bike and skateboard traffic. Kyle Vogt illustrates his point with driver’s-view video of harrowing self-driving situations, including a traffic light outage at a busy six-way intersection; passing double-parked trucks in crowded Chinatown and a cyclist cutting off the car at night. [Kyle Vogt / Recode]
Top stories from Recode
A judge decided that Alphabet can pursue new evidence it found in a document that was made public on Monday.
Here’s a timeline of events surrounding Uber’s acquisition of Otto based on our own reporting and a newly public document.
It’s not all bad, Nadella says.
Boll & Branch, a New Jersey-based startup, recently raised a tiny Series B investment.
Prepared food delivery is a fractured market.
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Three U.S. scientists who envisioned and built twin machines that discovered gravitational waves won the Nobel Prize in physics yesterday. And on Monday, three other Americans were awarded the Nobel in medicine for their work on the internal clocks and biological rhythms that run and regulate human life. The prize is named for Swedish entrepreneur, engineer and chemist Alfred Nobel, who invented dynamite and smokeless gunpowder. For a tiny country, Sweden sure has a lot of startups — including Spotify — Stockholm produces the second-highest number of billion-dollar tech companies per capita, after Silicon Valley. [Los Angeles Times]