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).
Cheddar's Tanaya Macheel breaks down the crypto wallet firm Blockchain's newest ventures, including its giveaway of $125 million in tokens.
It's midterms day in America! After a whopping 36 million people voted early, many are predicting record voter turnout for this midterms election. Rapper Fat Joe joins Cheddar to talk about his efforts to get young voters to the polls as part of MTVs '+1 The Vote' campaign. And, we dig into reports that Amazon is splitting its second headquarters, also known as HQ2, between two different cities.
Alexis Ohanian and Garry Tan spoke with Cheddar's Alex Heath from the Web Summit in Lisbon, Portugal about what they both look at before seeding a company. It all comes down to software.
Data collection and analysis is an increasingly crowded field, but SurveyMonkey CEO Zander Lurie told Cheddar he isn't too concerned about industry upstarts ー especially not when he has General Data Protection Regulation compliance on his side.
Reports that Amazon may split its new headquarters between two locations is raising questions about the financial incentives offered by those cities bidding to become the new hub. “One of the questions that I’m left with following this reporting that there might be two cities instead of just one ... is whether this will change the incentives that some of the cities are offering in their draft plan,” Axios reporter Shannon Vavra told Cheddar Tuesday.
As Americans head to the polls for the 2018 midterm election, some are concerned about outside actors hacking voting systems, which would be different from the misinformation campaigns that proliferated on social media in 2016. Rob Marvin, associate features editor at PC Mag, explains the different levels of vulnerabilities.
Marcus is Goldman's two-year-old consumer division for savings and loans. Dustin Cohn, head of brand and marketing communications at Marcus, said that the products are designed for consumers who are leaving money on the table in terms of unclaimed interest.
The speculation about Amazon's new headquarters shifted on Monday from which city will be chosen to how many cities. The Wall Street Journal reported Monday that the Seattle-based company may split its new headquarters between two different cities, rather than picking just one.
Rumors are flying that Amazon has narrowed down its list of HQ2 contenders. The tech giant is reportedly looking closely at Crystal City, Virginia; Dallas, Texas; and New York City. Softbank CEO Masayoshi Son breaks his silence about the murder of Saudi journalist Jamal Khashoggi. Plus, former White House communications director Anthony Scaramucci joins Cheddar to talk Trump, miterms, and his new book.
Welcome to Apple Stocks Weekly by Cheddar, when we count down the top stories, from Wall Street to Silicon Valley, that moved markets and had investors, business leaders, and entrepreneurs talking this week.
