A former Google executive who has been leading Meta Platforms’ youth product efforts is leaving the company, the New York Times reports . Pavni Diwanji, who oversaw the team developing a version of Instagram for children—a project that was paused last year amid growing scrutiny over Instagram’s effects on young people—“decided to move on” following a restructuring, according to the Times,...
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Data Point Amazon Markets
Why Amazon Is Giving Employees Record Amounts of Stock, Even as It Trims Head Count
At a moment when Amazon’s overall workforce is shrinking, the company is awarding stock to employees at a record-breaking clip to keep top talent from heading for the exits. Amazon granted 138 million restricted stock units to employees in the second quarter, as the chart above shows—an 82% increase from the number of restricted shares for employees it issued during the same period...
Microsoft Lays Off 200 People in Family-Focused App Business Amid Broader Belt-Tightening
Unity Announces China Joint Venture With Partners Including Alibaba, ByteDance
Former Twitter Employee Convicted of Spying for Saudi Arabia
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