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AP Photo/Mark Lennihan, File

ESPN President John Skipper announced Monday that he is resigning as the network's president and co-chairman, a position he has had since 2012.

Why it matters: Skipper's resignation comes at a tumultuous time for ESPN. The network has faced two rounds of 100+ person layoffs this year and has been at the center of investor concerns for Disney's cable networks business. Disney announced last week that it would acquire most of 21st Century Fox's assets, including its regional sports networks, which add to the scope of the ever-changing role of ESPN at the network.

Former ESPN president and executive chairman George Bodenheimer will take over as acting chairman for the next three months while Iger finds a replacement, ESPN reports. Skipper has been with the network since 1997.

In a statement, Skipper thanked Disney President Bob Iger for the "human understanding and warmth" that he displayed during his time at the network:

"I come to this public disclosure with embarrassment, trepidation and a feeling of having let others I care about down."

Go deeper

Instagram's boss faces Congress' questions on harm to teens

Photo illustration: Shoshana Gordon/Axios. Photo: Matt Winkelmeyer/Getty Images for WIRED

The head of Instagram will find himself in Congress' crosshairs for the first time Wednesday in the one area lawmakers have shown they are willing to pass tech regulations — protecting youngsters online.

Why it matters: Republicans and Democrats have found common ground in grilling tech companies on how their products harm children, especially after revelations in The Wall Street Journal about Instagram's potential harm to the mental health of teen girls.

Jan. 6 committee to start contempt proceedings against Meadows

Photo: Olivier Douliery/AFP via Getty Images

The Jan. 6 select committee plans to move forward with contempt proceedings against former White House chief of staff Mark Meadows for his refusal to comply with the panel's subpoena.

Why it matters: The committee has used the threat of contempt — and the associated financial and reputational costs — to try to ensure evasive witnesses sit for their depositions.

Complaint to FTC: Amazon search results full of potentially deceiving ads

Photo: Nigel Kirby/Loop Images/Universal Images Group via Getty Images

Amazon does not sufficiently distinguish between its search results and paid ads, potentially "deceiving millions of consumers," according to a complaint filed to the Federal Trade Commission.

Why it matters: Joan Moriarty, research director for the Strategic Organizing Center, a coalition of labor unions that filed the complaint, told the Washington Post the group is "very hopeful" that the FTC will investigate the complaint because Lina Khan (D), a known Amazon critic, is now chair.