Meta board member Dina Powell McCormick, an ex-top adviser to Trump, steps down after joining in April; source: she is considering retaining an advisory role
Kurt Wagner / Bloomberg :
An interview with Kurt Wagner on his new book Battle for the Bird, a Jack Dorsey biography morphed into a deep dive on Twitter's tumultuous transition to X
Zoë Schiffer / Platformer :
Twitter lays off about half its staff, sending a “Your Role at Twitter” email to their company account for those staying and personal account for those leaving
which was maybe ~80-100 people — is down to just two people after layoffs today.... Will Oremus / @willoremus : Here's the first official communication from Twitter's new leadership to its staff, a we...
A profile of COO Javier Olivan, who has become Meta's “unofficial fixer” and has had a hand in all of the company's major competitive battles and acquisitions
In 2008, Facebook was offered only in English—and struggling to expand internationally. Tweets: @kurtwagner8 , @russellsieg , @jason_kint , @bqprime , @pbandjaimie , @bangtheclose , and @alexbarinka T...
Mark Zuckerberg: the economic downturn will broadly impact the digital ad business and Meta thus plans to “steadily reduce headcount growth over the next year”
ad market is shit —reels monetizes less than other ads on instagram and they are ramping up reels so they need to figure out how to make more money from reels eventually — apple still murdering them w...
Medium founder Ev Williams is stepping down as CEO, to be replaced by Coach.me CEO Tony Stubblebine; Williams plans to start a new holding company/research lab
Next month will be the tenth anniversary of the launch of Medium. Coach Tony : Hello Medium readers, authors, editors and publishers Connie Loizos / TechCrunch : Ev Williams calls it quits as CEO of M...
Sources: Elon Musk addressed Twitter employees for the first time since agreeing to buy the company in April, discussing potential layoffs, moderation, and more
here's why. Shalini Nagarajan / Blockworks : Elon Musk Teases Crypto Integration At His First Twitter All-Hands Abhishek Mishra / Fossbytes : Elon Musk's First Meeting With Twitter Employees Transcrip...
In an email, Jason Calacanis says he is “collecting interest to invest in Twitter” as part of Elon Musk's buyout; the minimum investment to participate is $250K
> real sentence from this email Will Oremus / @willoremus : @kayvz @paraga It seems Parag fired Beykpour while he was on paternity leave. But also, Elon Musk staged his takeover bid while Parag was on...
Instacart hires Fidji Simo, the head of Facebook's app and one of the highest-ranking female executives at Facebook, as its new CEO starting August 2
an ex-Facebook exec — hints at post-IPO ambitions Michelle Cheng / Quartz : Instacart will go public under a new CEO hired from Facebook Tweets: Deirdre Bosa / @dee_bosa : 🚨BREAKING: instacart taps Fi...
TikTok CEO Kevin Mayer resigns, sources say after Trump threatened to ban the app; Vanessa Pappas, currently general manager of TikTok, will become interim head
clock is ticking on Microsoft's TikTok buy Newb / New.blicio.us : TikTok CEO Kevin Mayer Quits Anthony Ha / TechCrunch : Daily Crunch: TikTok's CEO resigns Tom McKay / Gizmodo : Walmart Wants to Get I...