Qualcomm said it would provide Apple with its 5G smartphone modems through 2026.
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Supreme Court Blocks Texas Social Media Moderation Law
Social media platforms walk a fine line when it comes to free speech, especially when posts lead to real-life negative consequences. Texas lawmakers are trying to enforce a law that would prohibit platforms from taking any action when it comes to malicious or violent posts, and they insist it does not violate the First Amendment. But the Supreme Court thinks otherwise, at least for now. Matt Schruers, President of the Computer & Communications Industry Association, joins Closing Bell to discuss what threat the Texas law poses to social platforms, why his organization sued over the law, what it could mean for users, and more.
Fintech Acrisure Closes $725 Million Equity Funding, Valuing Business at $23 Billion
Fintech company Acrisure recently raised $725 million in a new funding led by a wholly-owned subsidiary of the Abu Dhabi Investment Authority, bringing the company's valuation to $23 billion. Acrisure offers financial solutions including insurance, reinsurance, real estate services, cyber services, and asset management. The company says its financial solutions are powered by the best of human and artificial intelligence. Greg Williams, co-founder, CEO and President of Acrisure, joins Cheddar News' Closing Bell to discuss.
Fewer Americans Apply for Unemployment Benefits Last Week
Fewer Americans applied for jobless aid last week and the number of Americans collecting unemployment remain at historically low levels.
Prepare for the 'Summer of Travel'
Experts are calling summer 2022 the "summer of travel." Millions are finally taking that trip that got delayed several times in the last few years. They are taking advantage of remote work policies, and making up for too much time at home. James Ferrara, president and co-founder of InteleTravel, joins Cheddar News to discuss.
Stocks Shake Off a Wobbly Start on Wall Street, End Higher
The stock market shook off a wobbly start and ended broadly higher Thursday, marking its first gain in this holiday-shortened week.
Biz Breakdown: Oil Shortage Compared To 70s Crisis, Home Prices Surged In March, Tech Workers Would Quit If Recorded
On Today's Biz Breakdown, the oil shortage being compared to the 1970s gas crisis, home prices surged In March, and 56% of tech workers say they would quit if recorded by their employer.
The Rise of Web3 Gaming: Fun Distraction or Future of Commerce?
Cheddar's Alex Vuocolo further examines the impact that the Blockchain has had on video games and where that might lead the industry going forward.
Wonolo on How to Entice Staffers for Seasonal Work This Summer
Summer-focused businesses such as pools, restaurants, and camps are seeing major labor shortages like so many other sectors right before the busy season. Monica Plaza, the chief strategy officer at Wonolo, a staffing platform, joined Cheddar News to break down the ongoing worker shortages and discuss ways to entice future employees for hospitality and leisure. “There are workers out there. It's a matter of how do you attract them and how do you make sure that they want to work at your particular job and stay," she said.
Stocks Slide as Strong Economic Data Raises Rate Worries
A swift jump in Treasury yields rattled Wall Street Wednesday, weighing down stock indexes at the start of another month in what’s been a turbulent year.
