Newsletter Dec 21, 2022
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Markets
DJIA 32,849.74 0.28%
S&P 500 3,821.62 0.10%
Nasdaq Composite 10,547.11 0.01%
Japan: Nikkei 225 26,382.53 -0.70%
UK: FTSE 100 7,370.62 0.13%
Crude Oil Futures 76.02 1.10%
Gold Futures 1,824.80 -0.03%
Yen 132.18 0.36%
Euro 1.06 -0.14%
* As of market close

 
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Musk to resign as Twitter CEO pending hire

Elon Musk said Tuesday he would resign as Twitter CEO once he finds a replacement, in response to a poll that showed users wanted him to step down. Musk has courted controversy as CEO, firing half of its staff, readmitting far-right figures to the platform, suspending journalists and trying to charge for previously free services. The poll results showed 57.5% of the 17.5 million votes cast, favored Musk stepping down less than two months after he took ownership of the company for $44 billion.

SEE WHAT MUSK TWEETED TO ANNOUNCE HIS SELF-REMOVAL



Congress set to release Trump's tax returns

Lawmakers voted Tuesday to make public Donald Trump's tax returns, ending a years-long battle by the former president to keep the filings private as his cloudy financial past continues to stoke controversy. The Democratic-led House Ways and Means Committee voted along party lines, 24-16, to release six years of the billionaire's filings -- one of its last actions before the reins are handed to the Republicans in January.

WHAT ARE WE EXPECTED TO LEARN FROM TRUMP'S TAXES?


Epic Games to pay $520M in 'Fortnite' case

Epic Games, the maker of the popular video game "Fortnite," has agreed to pay a record $520 million to settle allegations that it violated children's privacy, exposed them to potential harm online and tricked players into making purchases. The FTC alleged that the "Fortnite" maker collected children's personal data without notifying their parents or obtaining consent and maintained illegal default privacy settings on its games, allowing minors to directly communicate with strangers.

HOW FORTNITE USED 'DARK PATTERNS' TO MISLEAD PLAYERS


Killing machine

What player has the record for the most solo kills in a game of Fortnite?

Tuesday's answer: "The Lord of the Rings" trilogy grossed nearly $3 billion -- second only to "Star Wars: The Sequel Trilogy" -- and won a total of 13 Oscars, including the only fantasy film to claim Best Picture.

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