The battle for home assistant domination is heating up on the Las Vegas Strip. Google Home and Amazon Alexa are the stars at CES 2018.
Cheddar CEO Jon Steinberg gives a preview of what to expect at this year's CES. Cheddar is going live from the conference all day.
In other retail news, people are shopping again in big numbers. Consumer confidence hit a 17-year-high in November. Major retailers like Target and Macy's reported major sales gains over the holiday season.
Head of Instagram Adam Mosseri is slated to testify this week in front of the Senate Commerce Subcommittee after a Wall Street Journal report that found the Meta-owned social media platform is negatively impacting the mental wellness of teen girls.
Elon Musk confirmed via Twitter that Tesla's eventual first Cybertruck will be updated to include 4 motors, 4 wheel steering, and a crab mode — like some of its competitors. Andrew Hawkins, a transportation reporter for The Verge, joined Cheddar to talk about how the new Cybertruck positions Tesla in the EV space as more automakers make up ground on the industry leader. "I think that this is actually Tesla saying, hey, if this is what the market wants, then we better put our best foot forward and respond as best as we can," he said, noting companies like Rivian and Hummer have already touted these features.
Cathy Hackl, CEO of Futures Intelligence Group, joins Cheddar to talk about the future of the metaverse, and how companies are making moves to become a part of it.
