Meta’s slacker witch hunt: Meta begins weeding out the very engineers it might need to grow its metaverse. Cutting jobs may be necessary, but doing so requires tact.

Elon’s fan club lobbies FCC: Starlink rallies 70,000 letters in opposition to sharing 12GHz with 5G. But the issue might just be the beginning of Starlink’s 5G problems.

Google is proposing concessions to avoid antitrust concerns: One idea to divide up portions of its ad business may not be enough to appease the DOJ.

Gap faces a difficult road ahead: The retailer fired CEO Sonia Syngal and said it expects its Q2 operating margin to be zero to slightly negative.

Kohl’s shakes up its merchandising strategy: "Discover @ Kohl’s,” a rotating selection of emerging, established, and diverse-owned brands, is now available at select stores and online.

This year, Amazon will see $12.52 billion in Prime Day sales worldwide, per our estimates. The US will account for more than 60% of Prime Day sales, but outside of the US, sales growth will be stronger as Amazon brings the shopping event to more international markets.

Amazon exerts enormous pressure on line workers: The retailer closely monitors workers’ performance and admonishes those who fall short of its expectations for speed and accuracy.

The streaming advertising race just got tighter: A partnership between Disney and The Trade Desk could reshape the streaming landscape.

Prime Day swoops in to fill the personal data vacuum: The two-day sales event is a chance for Amazon to eat up more of the digital ad market.

T-Mobile’s App Insights is a learning moment for advertisers: The new tracking program has been called creepy as consumers protect their personal data.

Twitter’s value topples: Elon Musk withdraws from the $43.4B deal and causes a $2.5B drop in Twitter’s market value. A lawsuit could produce a range of possible outcomes for both parties.