Re/code Daily

Vjeran Pavic
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Apple is showing off new products today, and you'll be able to stream the event at 10 am PT from here. What we're expecting: A cheaper, four-inch iPhone; a smaller, 9.7-inch iPad Pro; and some new bands for the Apple Watch. Here's why a smaller phone could be smart business for Apple.
[Mark Gurman | 9to5Mac] -
Last fall, the Obama administration and Silicon Valley shared some common ground on encryption. Then, San Bernardino happened. Bloomberg documents in detail how the FBI's response to iPhone encryption persuaded the White House to change its tack.
[Adam Satariano and Chris Strohm | Bloomberg Business] -
Mark Zuckerberg is incredibly thirsty for Chinese business. He wants Facebook to be in what will soon be the world's largest consumer market, and he is doing everything he can, in a very public way, to get into the good graces of China's leadership.
[Paul Mozur | The New York Times] -
On the latest episode of the Re/code Decode podcast, Kara Swisher talks with VC and Golden State Warriors co-owner Chamath Palihapitiya about why the venture capital old guard's days are numbered.
[Kara Swisher | Re/code] -
The rise of Internet video is hurting major media conglomerates like Disney and Viacom, and it's especially putting the screws to smaller channels like Oxygen or TLC. One surprising exception: Oprah Winfrey's OWN, which has bucked this trend as Winfrey herself has gotten more involved in the business.
[Nick Niedzwiadek | The Wall Street Journal]
Top Stories from Re/code
Social
The Most Popular Hashtag on Twitter Is #FF and the Most Popular Emoji Is 😂
A few stats to mark the social media service's tenth birthday.
Mobile
Augmented Reality Movie Director: If Tech Is Made to Be Addictive, ‘We’re F*cked’ (Q&A)
"We are going to be, potentially, walking into a very dark situation."
Media
Gawker Lost Its First Fight Against Hulk Hogan. Here’s Why It Thinks It Can Still Win.
"The lawyers are on our side. The facts are on our side."
General
Capital Gains: Knock, Knock. Who’s There? Smart Doorbells.
Plus: Competition for Twitch, better DNA sequencing for academia and small business loans for veterans.
Culture
Steve Wozniak and Palmer Luckey: Virtual Reality, Yes. Augmented Reality, Not Yet.
"Some of us just like to be early adopters and play with what the future could be."
Mobile
Why Apple’s Supposed New, Smaller iPhone Makes Sense
A new four-inch iPhone might help Apple better capitalize on emerging markets and the growing popularity of pay-as-you-go services
Media
Windows 95’s Lead Architect Is Making a Vine for Comic Books
Satoshi Nakajima debuts Swipe at Silicon Valley Comic Con and explains how he got Microsoft sued.
This Is Cool
Here's a Hypnotic Livestream of a Deer Wandering Around "Grand Theft Auto V"
Some guy messed with "Grand Theft Auto V" and created a deer that just wanders around the game's expansive Los Angeles-like universe. It's like a bear cam, but maybe even better. The stream is down for maintenance until 3 pm PT, but there's recoded footage you can occupy yourself with until then.
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