Axios

Twitter's investors have divided into two camps: copacetic and apoplectic.

Why it matters: Elon Musk never intended to lead the site forever, both based on public and private comments. But investors were told that a transition would occur between the three and six month mark, not based on a crowdsourced decision just six weeks into his ownership.

The Federal Trade Commission has fined Epic Games, maker of the popular Fortnite video game, more than half a billion dollars to settle allegations of privacy violations and unwanted charges.

Driving the news: The fines, first reported by the Wall Street Journal, amount to "the largest penalty ever obtained for violating an FTC rule," per the commission.

Critics and the stock market have looked harshly on the billions that Meta has been pouring into virtual reality and the metaverse. But CTO Andrew Bosworth defends the investment.

The big picture: Bosworth told Axios that Meta is putting what amounts to about 20% of its resources into these long-term projects, with the remainder still supporting core businesses like Facebook and Instagram.

A majority of respondents — 57.5% — to a Twitter poll posted by Elon Musk on Sunday said that he should "step down as head" of Twitter.

Why it matters: His potential resignation as the head of Twitter could end one of the most chaotic and controversial tenures ever for a CEO of a major U.S. company.

The world's response to the oracular artificial intelligence program called ChatGPT started with chuckles but has quickly moved on to shivers.

What's happening: Trained on vast troves of online text, OpenAI's chatbot remixes those words into often-persuasive imitations of human expression and even style.

Federal and state governments are practically giving away electric school buses, and if your local district doesn't have its hand up yet, it should. The math is a no-brainer.

Why it matters: Exhaust from diesel school buses makes kids sick and curbs cognitive development. Plus, diesel buses emit greenhouse gases that contribute to climate change.

Twitter announced Sunday it would ban accounts used to promote other accounts on other specific social media platforms, including Facebook, Instagram and Mastodon.

The latest: Twitter's posts on the announcement vanished by Sunday evening. Representatives for Twitter did not immediately respond to Axios' request for comment on this.

Elon Musk asked Twitter users in a poll Sunday evening whether he should "step down as head" of the company.

Driving the news: Musk launched the poll hours after Twitter faced criticism for announcing it would ban accounts used to promote other accounts on other specific social media platforms, including Facebook, Instagram and Mastodon.

Elon Musk and allies are building a new anti-left media ecosystem almost overnight.

• Why it matters: It's as if the New York Times editorial page suddenly flipped to the right.