Meta is planning to layoff around 10 percent of employees in May, according to a memo from the company's chief people officer, Janelle Gale, published by Bloomberg. That means approximately 8,000 people will see their jobs cut. Meta will also be closing around 6,000 open roles, according to Gale. The cuts follow Meta's significant investments […]

Speaking of Chris Espinosa, this is pretty neat:

On September 1 I’ll join the elite club (members Steve Wozniak, Steve Jobs, Mike Markkula, and Bill Fernandez) who have worked under a number of Apple CEOs ≥ our employee number:

Woz: 1 (Scott)
Jobs: 2 (Scott, Markkula)
Markkula: 3 (Scott, Sculley, Spindler)
Fernandez: 4 (Scott, Markkula, Sculley, Spindler)
Espinosa: 8 (Scott, Markkula, Sculley, Spindler, Amelio, Jobs, Cook, Ternus)

Kyle Jahner / Bloomberg Law:
Music publishers including UMG, Warner Music, and Sony drop a copyright suit against Verizon following a SCOTUS decision limiting ISP liability in Cox's suit  —  Publishers representing the bulk of the music industry dropped a copyright lawsuit against Verizon Communications Inc. over music piracy …

Lingokids is adding Toy Story to its growing slate of Disney content, with new learning games and plans for Marvel and Star Wars later this year.

Tom Warren / The Verge:
Xbox CEO Asha Sharma and Chief Content Officer Matt Booty detail their “return of Xbox” strategy, including daily active players as its “new north star”  —  Microsoft's new Xbox leader starts to talk strategy for the company's gaming business.