Everyone, good morning! The newsletter recaps the most read stories from the last seven days. Do you want to be the first to know about it? You can sign up here.
This week's most read story was about layoffs at Microsoft. As it focuses on realigning business groups and roles, the company is cutting less than 1% of its 180,000 employees. The number of jobs is less than 1%.
YouTube still hasn't figured out its issues with false DMCA takedowns, lofi girl gets taken down The lofi girl got hit with a false DMCA claim. The channel is popular among students and anyone looking for some mellow beats to focus on, so the complaints were loud. The two-year streaming streak of the channel was broken by the mistake.
You would think that after years of unbelievable growth, TikTok has taken a lot of user activity from competing social networks. That is the case, according to a senior VP at the search engine.
Airlift, a startup in Pakistan, shut down this week. On Tuesday, employees were told that operations of the on-demand delivery service would stop the next day.
DoorDash wants to use itsDashPass service a lot. The news is bad. The amount you have to order before DashPass will likely go up in the weeks to come. The company says the minimum willvary by store, city, and time of day. In other words, it's called Algorithmssss.
When it was announced in March that the director of artificial intelligence at the company would be taking a sabbatical, the rumor was that it was just the first step in his exit from the company. On Wednesday, Karpathy said he was out. Karpathy doesn't have a plan for what's next
Carl Pei left the company a few years ago to start something called Nothing. After months of teasing/rumors/hype, the company has finally announced its first phone. Brian Heater spent some time with the phone and shared his thoughts on it with you here.
Brian Heater is the image's author.
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Product pricing can make or break a company, but it isn't always the right price tomorrow. How do you keep prices within your means? How do you set the price for a new item? Michael Perez is the director of growth for M13.
What happens to your equity if you get laid off? Adam Keesling has a breakdown of what you need to think about if you want to keep what you have.