Facebook has already begun digging into the TV space with Facebook Watch, so what might the social media company’s next move in video be?
Jesse Redniss, Chief Innovation Officer of Turner’s TBS and TNT networks, predicts the company might buy Roku.
“Facebook has been trying to be getting into the video space for quite sometime now,” he told Cheddar in a recent interview. “When you look at Facebook’s track record of growth, the acquisition of Insta, WhatsApp, Oculus. In some ways, in order for them to really scale into a marketplace, it’ll make a lot of sense for them to buy one of the leaders in a marketplace they want to get into.”
Roku shares fell steeply Friday after Goldman Sachs downgraded the stock, saying the streaming company is overvalued. Still, the company is trading well above its IPO price, and posted a 48 percent increase in active accounts in the third quarter, as well as a 58 percent increase in streaming hours.
For full interview [click here](https://cheddar.com/videos/a-bold-prediction-on-why-facebook-would-acquire-roku).
According to SpareFoot, a company that tracks the industry, self-storage in the U.S. is nearing a whopping $40 billion. Joseph Woodbury, CEO of Neighbor.com, shares how his company helps people pay off their mortgages.
Keith McCarty, CEO and founder of Wayv, wants to use tech to ease the many “friction points” in the complicated world of business-to-business cannabis logistics.
This week, Cheddar explores 'Wix Ascend' to see how you can build your business to reach the next level.
As Google Empathy Lab founder Danielle Krettek explained, in order to create technology that appropriately serves humanity, designers must first understand who it is they are creating for. Enter author, psychologist, and psychedelic enthusiast Dr. Richard Alpert. Known best by his moniker, Ram Dass.
Snapchat's parent company Snap is having its comeback moment, with shares up more than 200 percent year-to-date. But, as it attempts to grow its advertising revenue to achieve profitability, it has faced pushback from some of the third-party media companies it relies on to create content.
Fact or Fiction: Due to limited time and resources, small and medium-sized business owners have to wear many hats, often without much assistance. Brian Fanzo, founder of iSocialFanz, joins Cheddar to share what owners should do themselves and what they should leave to the pros.
The U.S. semiconductor and telecom giant revealed it's acquiring the remaining portion of RF360, its joint venture with Japanese electronics giant TDK corporation, expecting the deal to aid in the development of efficient 5G devices.
JPMorgan Chase and Wells Fargo have invested in Greenlight, the teen-focused digital banking company that provides parent-managed debit cards for kids, the startup said Monday.
The fintech startup has bought the naming rights to the future home the LA teams, which it will dub SoFi Stadium.
The détente emerged Wednesday after China approved tariff exemptions for a number of U.S. imports and President Trump announced that the U.S. will postpone its forthcoming tariff hikes.
