Market Movers

  • Elon Musk Says He’s Stepping Down as Twitter’s CEO. The billionaire owner of Twitter ($TWTR) has announced that he will step down as CEO and assume the positions of executive chair and chief technology officer. NBCUniversal's Linda Yaccarino resigned Friday morning from NBCUniversal to take on the role of Twitter CEO. The new CEO will be appointed* in approximately six weeks.
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  • U.S. Government Invests $500 Million to Cultivate Tech Hubs in Middle America. The U.S. government has announced an initial investment of $500 million to transform metro areas in middle America into thriving centers of tech innovation through the Regional Technology and Innovation Hub program, known as Tech Hubs. This strategic initiative by the Department of Commerce aims to stimulate technological growth and development in these regions.

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