Daily Recode: Watch for falling tech stocks

Amazon, Alphabet, and Snap shares are reported today. Amazon stock, for instance, is down 9 percent in pre-market trading. The company reported $ 2.9 billion in profit on $ 56.6 billion in revenue – it has been profitable for 14 straight quarters – but its slower-growing Whole Foods Market Business has weighed down gains. Snap reported $ 298 million in revenue – better than Wall Street was hoping for – but it 's still in its wake. shares are down 13 percent in pre-market trading. And Google parent Alphabet missed analysts' quarterly revenue estimates for at least two years, with 7 percent after hours; they're still down 5 percent pre-market.

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Another booming quarter, but it's both a blessing and a risk. $ 2.5 billion in sales, and its fat profit margin – analysts estimate it could be as large as 75 percent – is a big reason why Amazon posted its largest quarterly profit ever. Amazon.com Amazon.com Amazon.com Amazon.com Amazonia Amazonia The brilliance of Amazon lies in its cold efficiency. Search, click, buy. Repeat. Not search, scroll, scroll, click, click, click, buy. [Jason Del Rey / Recode]

Google gave Android creator Andy Rubin a $ 90 million exit package when he left in 2014 following a sexual harassment allegation, despite not being obligated to provide him with such a large sum of money. The New York Times reported that they have been accused of sexual misconduct. In response to the disturbing NYT story, Google CEO Sundar Pichai feels an email to all employees saying that Google has fired 48 people in the last two years for sexual harassment. [Daisuke Wakabayashi and Katie Benner / The New York Times]

It's not all chill at Netflix: The Wall Street Journal is one of the world's largest and most important contributors to the world. The Netflix way can be ruthless, demoralizing and radically transparent to the point of dysfunctional. As one example, Netflix managers are all told to apply a "keeper test" to their staff. . [Shalini Ramachandra and Joe Flint / The Wall Street Journal]

Apple has gotten into the messy world of news with Apple NewsAbout 90 million people. But while Google, Facebook and Twitter have come under intense scrutiny for their influence over the spread of information, Apple has so far controversial controversy – maybe because of its Silicon Valley peers rely on machines and algorithms to pick headlines, Apple News takes a human- led approach. [Jack Nicas / The New York Times]

President Donald Trump signed a memorandum instructing the federal government to develop a national spectrum policy That would be the speed of the introduction of 5G wireless networks, an effort designed to ensure that there is enough spectrum to handle increases in wireless traffic. Trump, who rolled back two Obama-era presidential memoranda on spectrum, also called for the creation of a White House Spectrum Strategy Task Force, and asked for private sector users.[David Shepardson / Reuters]

Do not miss this fascinating rise-and-fall story of the marketers who built the Sharper Image into a mail-order kingdom of flashy gadgets built on electric nose-hair trimmers, Razor scooters and trump steaks. The ethos of the stock-boom '80s was, "He who dies with the most toys wins," and Richard Thalheimer expanded from catalogs into physical retail, opening stores in well-to-do enclaves across America. But Thalheimer's battle with Consumer Reports over a bad review brought his gizmo kingdom tumbling down. [Zachary Crockett / The Hustle]

Top stories from Recode

As big tech struggles to curb hate speech, civil rights groups have some recommendations. A new report from a coalition of six groups on the internet. [[Shirin Ghaffary]

Paul Allen's sister has been tasked to do a surprisingly hard thing – give away billions of dollars. Jody Allen is not one of the most powerful people in the world. [[Theodore Schleifer]

Twitter is now consistently profitable. It took more than a decade, but Twitter just turned a profit for the fourth quarter in a row. [[Kurt Wagner and Rani Molla]

This is cool

Inside a traditional Mexican hot-sauce factory.

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