There's a spotlight on Facebook as the social media giant reports earnings Wednesday. The company faces increasing scrutiny over fake news on its platform. Flipboard CEO Mike McCue explains the lessons he thinks Facebook needs to learn from journalism.
"When you are building algorithms that are responsible for informing entire populations, the whole society of people you want to make sure you are applying basic journalistic principles, " said McCue. The five lessons McCue says algorithms must learn from journalism include truth and accuracy, independence, fairness and impartiality, humanity, and accountability.
Facebook recently updated its algorithm to prioritize friends and family over media publishers. McCue says Facebook's algorithms should be controlled by journalists.
Amazon-owned Zoox Inc. unveiled its four-person “robo-taxi,” a compact, multidirectional vehicle it says was designed for dense, urban environments.
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From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
The porn industry in 2020 has come under scrutiny from media and politicians alike. Cheddar's Nora Ali takes a deep dive.
Weedmaps, a cannabis review site and software company, announced Thursday that it has agreed to go public through a merger with a special purpose acquisition company (SPAC).
Johanna Faries, a vice president at gaming company Activision Blizzard and commissioner of Call of Duty League, joined Cheddar to discuss esports in the era of the pandemic.
Several states along with the Federal Trade Commission have launched lawsuits against Facebook for snuffing out competition through acquisitions. Cheddar's Michelle Castillo reports.
Stockton, California Mayor Michael Tubbs, started a pilot UBI program in 2019 that just got a big boost in funding from Twitter CEO Jack Dorsey.
Airbnb shares more than doubled in price as the home sharing company made its debut Thursday on the Nasdaq stock exchange.
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