The Daily: How to fix Twitter, a YouTube Shorts milestone, and what Sheryl Sandberg leaving Meta means July 5

On today's episode, we discuss how Twitter could reinvent itself to become a new social network model, what its current to-do list looks like, and whether it would make sense to can some of its more recent initiatives. "In Other News," we talk about what Sheryl Sandberg leaving Meta means for the company and the significance of a YouTube Shorts milestone. Tune in to the discussion with our analyst Debra Aho Williamson.

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Here’s a roundup of the outcomes from recent regulatory efforts within the US and Europe.

Meta’s going back to basics: The social giant is one of many major companies tasked with focusing on key priorities in the second half of the year.

Klarna is staring down a potential 85% valuation cut—here’s what fintechs will have to contend with in H2.

‘90 million attacks daily’: As the cybersecurity industry suffers from an onslaught of attacks and burnout, companies issue layoffs. The education sector could help build a higher-security future.

Digital media formats are poised for growth in US and Canada: Total media consumption will decrease this year as pandemic-inspired habits calm.

Nearly half of global consumers have changed their payment habits as they feel the squeeze of current market conditions, per a Paysafe report.

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Home care company Tomorrow Health just scored $60M, but the outlook for the rest of the year looks gloomy for Tomorrow and its peers as investors caution amid economic uncertainty.