Bloomberg:
Epic cuts 1,000+ jobs, saying “we're spending significantly more than we're making” and that the layoffs and $500M in savings put it “in a more stable place”  —  The company is seeing a downturn in engagement on Fortnite  —  Epic Games Inc. is cutting …

Sara Fischer / Axios:
Beehiiv now lets creators manage their accounts through AI platforms; the first iteration of Beehiiv MCP supports subscriber analysis and SEO optimization  —  Beehiiv, a newsletter platform for independent creators and publishers, has introduced a new update that allows users to manage …

Read an excerpt of The Skinny, and hear from the Dark Souls-playing writer behind it

Last year, Congress dropped widely supported military right-to-repair provisions from the annual defense policy bill - and now we may know who was pushing them to do it. Recently released lobbying reports reveal that companies like John Deere, Garmin, Philips, and many others have collectively spent millions of dollars on lobbying efforts related to the […]

Naga Avan-Nomayo / The Block:
Tether says it has engaged a Big Four accounting firm to conduct its first full independent audit of reserves behind its USDT stablecoin  —  Quick Take  — Tether says it has engaged a Big Four accounting firm to conduct its first full independent audit of reserves.