In an era of hybrid work, co-working spaces are booming

Amazon’s cost strategy: Amazon CEO Andy Jassy told shareholders that getting a handle on costs is a top priority for Amazon’s retail team, promising to return the company's consumer business to profitability. Here’s the plan. 

Related: Amazon shareholders approve 20:1 stock split, vote down record 15 proposals at annual meeting 

Microsoft to slow Windows and Office hiring: The company confirmed it will get more cautious about hiring in those divisions, including the Microsoft Teams group, in the latest sign of companies reassessing their growth plans in response to economic uncertainty. Read more.

Bungie deal boosts Sony’s gaming strategy: Sony Interactive Entertainment’s acquisition of “Destiny” maker Bungie for $3.6 billion is the linchpin of a larger plan to bet PlayStation’s future on live service games, shifting more than half its development budget to the category within three years. Read more. 

Safe landing for Boeing’s space taxi: The second flight of Boeing's Starliner space capsule came to a smooth ending, raising hopes that the third flight will actually carry astronauts. Read more. 

SpaceX launches 59 payloads: A new type of controllable orbital transfer vehicle built by Seattle-based Spaceflight Inc. made its debut Wednesday when SpaceX sent dozens of satellites into orbit on a Falcon 9 rocket. Read more. 

Gender inequity in science: We spoke with longtime University of Washington leader Nora Disis, who said “it’s time to start being aggressive about changing the system that’s preventing full participation of women.” Read the Q&A.

Think you can land on an aircraft carrier? Microsoft released a free “Top Gun: Maverick” expansion for “Flight Simulator” that taps into video game pilots’ need for speed.