Former Disney CEO Bob Iger says the company found that “a substantial portion” of Twitter’s users were “not real”, when Disney considered buying Twitter in 2016 (Peter Kafka/Vox)

Alex Weprin / The Hollywood Reporter:
The Walt Disney Company’s board announces that Bob Chapek will step down as CEO, and Bob Iger will return to take his place, effective immediately  —  Disney’s board of directors announced the move Sunday evening.

Sarah Krouse / Wall Street Journal:
Bob Iger returns to a more competitive and challenging streaming landscape and should steer Disney+ to profitability without cannibalizing Disney’s other units  —  Incoming CEO championed Disney+, but needs to steer streaming business toward profitability without cannibalizing other Disney units

Wall Street Journal:
Bob Iger, CEO of Walt Disney from 2005 to 2020, joins VC firm Thrive Capital, founded by Joshua Kushner, as a venture partner  —  As a venture partner, Iger will identify new investments and mentor founders in day-to-day role  —  Netflix Hit a Subscriber Peak, Here’s How It Plans to Keep Growing

Zack Beauchamp / Vox:
A look at The Managerial Revolution, a 1941 book that predicted the rise of the “managerial class” over capitalists and may help explain Elon Musk’s Twitter  —  The long shadow of James Burnham’s The Managerial Revolution.  —  Since the launch of the so-called “Twitter Files” …

Kelsey Piper / Vox:
A chat via DM with SBF on why regulators “make everything worse”, FTX and Alameda’s “messy accounting”, why he regrets filing for bankruptcy, ethics, and more  —  The fallen crypto CEO on what went wrong, why he did what he did, and what lies he told along the way.

Rebecca Jennings / Vox:
A look at concerns for women at Launch House, an a16z-backed startup promising “community” to young tech founders, such as sexual assault and a lack of security  —  The people here are young and friendly and full of hope.  And why shouldn’t they be?