First Citizens has made a great business out of going in and acquiring with FDIC backing, or government help, failed banks. NPR is cutting 10% of its staff and canceling four podcasts including Invisibilia,. And the recently launched Everyone and Their Mom. It marks the company's biggest layoffs since 2008.
Short sellers come to Jack Dorsey's Block, Apple's employees don't like what they're seeing in the company's AR device, and there's peace in the Silicon Valley Bank tonight. Also, NPR cancels four podcasts, the SEC gets serious about crypto, and Twitter Blue's latest feature is... pretending you don't pay for Twitter Blue? Journalist Emily Baker-White joins Kara and Scott to discuss her work on TikTok, and the stories that led ByteDance employees to spy on her.
Find Emily Baker-White on Twitter at @ebakerwhite.
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