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PRESS DIGEST- Wall Street Journal – Dec 23

The following are the top stories in the Wall Street Journal. - Elon Musk pledged to pause selling shares in Tesla Inc. and said that a decision on a buyback of the company's stock could be influenced by the severity of any economic downturn as he tried to ease concerns his purchase of Twitter was to the detriment of the electric-vehicle maker. - Microsoft Corp. has filed a rebuttal to a Federal Trade Commission lawsuit aimed at blocking the software giant's $75 billion purchase of Activision Blizzard Inc. Read More...

Dec 23 (Reuters) – The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

– Elon Musk pledged to pause selling shares in Tesla Inc. and said that a decision on a buyback of the company’s stock could be influenced by the severity of any economic downturn as he tried to ease concerns his purchase of Twitter was to the detriment of the electric-vehicle maker.

– FTX founder Sam Bankman-Fried was released on a $250 million bond Thursday and ordered to stay in his parents home after the former executive’s first appearance in a New York federal court following his extradition.

– Microsoft Corp. has filed a rebuttal to a Federal Trade Commission lawsuit aimed at blocking the software giant’s $75 billion purchase of Activision Blizzard Inc.

– The U.S. House of Representatives’s Jan. 6 committee released its final investigative report on Thursday, a sprawling capstone of more than 800 pages to the panel’s 18-month probe into the violent attack on the Capitol.

– Tesla Inc has doubled the discounts offered on its Model 3 and Model Y electric vehicles delivered in the U.S. this month.

– TikTok parent ByteDance Ltd. said Thursday that its employees improperly accessed the user data of two journalists on the social media service. (Compiled by Bengaluru newsroom)

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