The Girl Scouts of the USA is launching its first-ever STEM education initiative for middle and high-school students. CEO Sylvia Acevedo joins Cheddar to discuss what the newly-enrolled girls will get to experience when they sign up for the program. It launches nationwide in Fall 2018 and is sponsored by Raytheon.
Then, we learn about a very special photoshoot that saw Girl Scouts honoring their women-in-STEM heroes. Acevedo explains how five NYC-area girls were transformed into the likes of American computer scientist Grace Hopper, systems engineer Margaret Hamilton, and more. One girl even dressed up as Sylvia Acevedo, a former rocket scientist in her own right.
Finally, we ask the CEO to reveal her "Yes I Will" moment where she decided she'd persevere despite the odds. She gives an inspiring answer about her time in the Girl Scouts, and how it allowed her to pursue her dreams and become a rocket scientist. Acevedo hopes girls will follow in her footsteps and chase their own STEM dreams.
Uber has reached a deal to include New York City taxi cabs on its app, a move that will help to boost driver availability for passengers and open up a new set of customers for cab drivers.
Computer-sharing network Salad is announcing a $17 million Series A round. Salad offers an open-source desktop application that invites gamers to share storage, bandwidth, and other resources from their idle PCs in exchange for rewards. Salad says users have earned what is equivalent to more than $5 million in rewards, and that its platform has quickly become the world's most distributed super-computer. Bob Miles, founder and CEO of Salad, joins Cheddar News' Closing Bell to discuss.
Cannabis producer Cresco Labs is acquiring rival Columbia Care in a $2 billion all-stock deal, creating the largest U.S. cannabis company by sales. The deal, which is expected to close in the fourth quarter of 2022, is one of the biggest in the industry's history and would make Cresco the dominant player in a market projected to reach $46 billion in revenue by 2026. Charlie Bachtell, CEO of Cresco Labs, joins Cheddar News' Closing Bell to discuss.
Sports betting has boomed over the past year; but at the same time, sports betting stocks have not been so hot. Now, some sports betting brands are starting to rethink how to spend their money, especially when it comes to ads. It will come after online sports betting brands spent more than $320 million on advertising in 2021, up 38% from 2020, per MediaRadar. Brendan Coffey, sports finance reporter for Sportico, joins Cheddar News' Closing Bell to discuss.
Rowing-machine maker, Hydrow, raised $55 million in Series D funding round, led by Constitution Capital. Hyrdow offers a connected rowing machine that costs $2,495. The company's funding round comes as the at-home fitness industry is facing some challenges, due to many consumers returning to gyms after working out at home during the pandemic. Bruce Smith, founder & CEO of Hydrow, joined Cheddar News' Closing Bell to discuss.
Sam Thapaliya, Founder of Zebec, explains the two major problems associated with paying public figures in crypto, and how his firm is best-suited to help facilitate payments within the growing industry.
