Get the Need2Know newsletter in your inbox every morning! Sign up here!

Here are the headlines you Need2Know for Monday, December 6, 2021:

WAITING FOR OMICRON

Dr. Fauci says the early indications of the severity of the Omicron variant are “a bit encouraging.” Omicron has quickly become the dominant strain circulating in South Africa, but hospitalization rates there are yet to increase at an alarming rate -- suggesting the variant may be much more contagious than Delta but also less dangerous. While Omicron has now been confirmed in about a third of U.S. states, the Delta variant is still far and away the dominant strain circulating in the country and is driving a surge of hospitalizations in the North. AP

IN MEMORIAM: BOB DOLE

Bob Dole, the WWII veteran, longtime senator from Kansas and one-time GOP presidential candidate, has died. Over his long career as a Republican stalwart in Congress, Dole was known as a partisan-turned-skilled legislator who worked across the aisle with Democrats on issues like Social Security reform and the Americans with Disabilities Act. After he lost to Bill Clinton in 1996, Dole became something of a TV pitchman, cutting ads for Pepsi, Visa and, famously, Viagra. He was 98. OBIT

CRUMBLEYS LOCKED UP

The parents of the teenage boy who allegedly shot and killed four classmates at his Michigan high school are in custody. James and Jennifer Crumbley are being charged with involuntary manslaughter for allegedly providing their son with unfettered access to the gun he used in the shooting. They failed to appear for their initial arraignment, leading authorities on a manhunt that ended with their arrests at a warehouse in Detroit. All three Crumbleys -- the mother, father, and son -- are being held in isolation at the same jail, each under suicide watch. CNN

SUU KYI SENTENCED

A court in Myanmar has sentenced Aung San Suu Kyi, the country’s former civilian leader, to four years in prison on charges of inciting public unrest and breaching Covid protocols. The sentence is the first of several expected to be handed down in the coming months against the Nobel laureate, which could keep her locked up for the rest of her life.  Suu Kyi was deposed in a military coup in February that led to violence and protests across the country. AL JAZ

BITCOIN CRASH

Bitcoin is currently trading around $48,000, down from $57,000 on Friday morning. The cryptocurrency had an extremely volatile weekend, tumbling 20% to $43,000 before recovering some. The president of El Salvador, who recently adopted Bitcoin as a national currency, said the country bought 150 coins on the dip. The crypto market has been seeing wild swings as investors sell off riskier assets as they watch what the Omicron variant could mean for the markets. COINDESK

TWITTER POST-JACK

Twitter’s new chief executive is in the midst of a major shakeup of the social media company following the departure of Jack Dorsey. Twitter’s heads of design and engineering are out as part of the reshuffling, which CEO Parag Agrawal says is in the name of “operational rigor” and “faster execution.” The reorg comes as the platform has started a new policy on what kinds of images users can and can’t share. Going forward, Twitter will have the right to take down any photo or video taken of someone without their consent -- unless it’s in the public interest to keep it up. WASH POST

CFP SET

No. 1 Alabama will play No. 4 Cincinnati and No. 2. Michigan will play No. 3. Georgia in the College Football Playoff on New Year’s Eve. The winners of those two games will compete in the national championship game on Jan. 10 in Indianapolis. Cincinnati is the first school from a non-Power 5 conference to make the playoff since its inception in 2014. ESPN

CUOMO FIRED

Chris Cuomo will not be coming back to CNN. The network fired their top-rated primetime anchor over the weekend after an internal investigation into his efforts to help his brother, Andrew, uncovered “additional information.” It’s not clear what that additional information is, but Cuomo’s termination came after a separate anonymous allegation of sexual misconduct was made against him by a former colleague at another network. Cuomo has denied that allegation. THE WRAP

SPOTTED...

...Ben Affleck, Jennifer Lopez, and their kids, catching a showing of Licorice Pizza in L.A.: SEE PICS

...the leaked cover of W magazine, featuring Kylie Jenner and Travis Scott, that was scrapped in the aftermath of the Astroworld tragedy: SEE IT

LEFTOVERS: MYSTERY ON THE MOON

China’s lunar rover has spotted a mysterious cube-shaped object on the horizon, and will spend the next couple months trying to get a closer look. The Yutu-2 rover has been exploring the far side of the moon since it landed in 2019, and recently snapped an image of what the Chinese space agency is calling a “mystery hut”: SEE IT

Share:
More In Culture
U.S. Plant-Based Food Market Value Reached All-Time High in 2021: Plant Based Foods Association
The U.S. market value of the plant-based food industry reached an all-time high last year. According to a new report from the Plant Based Food Association, retail sales of plant-based foods reached $7.4 billion, but questions are arising over whether the industry can sustain the levels of growth it had in the past few years. Julie Emmett, senior director of marketplace development at the Plant Based Food Association, joined Cheddar News' Closing Bell to discuss.
The 'Cinderella' Story of the Saint Peter's Peacocks
Saint Peter's University - a small school in New Jersey school - has skyrocketed to the center of the sports world in a 'Cinderella' story for the record books. The ultimate underdog of the men's March Madness tournament is just the third 15-seed to reach the Sweet 16, after beating Murray State and college basketball powerhouse Kentucky. Throughout the university's historic run, Saint Pete's has reportedly been earning what amounts to millions of dollars in publicity. Amanda Christovich, reporter for Front Office Sports, joins Cheddar News' Closing Bell to discuss.
Rental Car Delivery Company Kyte Raises $200 Million in Debt Financing to Grow Fleet
Kyte, a company that delivers rental cars to customers on-demand, closed an asset-backed credit financing of up to $200 million from Goldman Sachs and the Ares Global Management Alternative Credit Team to accelerate the company's fleet growth and margin expansion. Kyte and its financing providers will create a more robust trip economy that services a more demanding customer with a shared vision of an electrified, autonomous future. Ludwig Schoenack, co-founder and co-CEO of Kyte, joins Cheddar News' Closing Bell to discuss.
Crypto on the Rise Amid Month of Volatility
Volatility continues to be the name of the game when it comes to crypto. Bitcoin, the most valuable digital token, saw a small jump today - one of several small rallies throughout the month of March. Caitlin Cook, vice president of crypto education company Onramp Academy, joins Cheddar News' Closing Bell to discuss.
Better Social Media Parental Controls May Not Be Enough to Protect Kids
After scrutiny over the negative impact on the mental health of children, social media apps have begun adding stricter limitations to parental controls. Jim Steyer, CEO of Common Sense Media, a nonprofit organization focusing on recommendations for entertainment platforms, joined Cheddar News to talk about the changes, why they might not be enough, and what parents can do to help. "It's almost that the companies — whether they're Snapchat, Instagram, YouTube, or whatever — have to start the process from the beginning of designing the product," he said. "They have to be much more clear about age verification so that a 12-year-old and 11-year-old can't get on there." Steyer also pushed for federal legislation to reign in the issue.
TikTok Social Justice and Style Creator Tenicka Boyd Didn't Want to Be Found at First
Tenicka Boyd is a digital creator making content that reflects her two passions: activism and style. The TikTok star joined Cheddar News to talk about her platform and new looks this Spring. Boyd admitted that at first she wanted to remain anonymous on the social media platform before finding her passion. "I just joined TikTok hoping that no one would find me, and I started creating colorful content," she said. "I didn't know that you could monetize this and really do it full time, and I just followed my passion because I realized that you can have multiple different lives and do multiple different things."
Load More