Get ready for major changes coming to your Facebook Newsfeed. The social media giant said it will favor posts shared by friends over what's published by businesses or news organizations. In an effort to fight the spread of 'fake news,' the company will consider prioritizing media outlets based on credibility and polling data.
Dropbox is going public. The file-sharing company confidentially filed for an IPO, with Goldman Sachs and JP Morgan reportedly leading the offering. The San Francisco-based company was valued at $10 billion three years ago.
President Trump denied reports he referred to some nations as "shithole countries." The president reportedly made the comments during a bipartisan meeting on a potential DACA deal. Trump also blamed President Obama for his own decision to skip an upcoming visit to the United Kingdom.
Apple wrapped up its first product event of the year called 'Peek Performance.' The event showcased Apple's new affordable iPhone, an iPad air update, and the most powerful mac chip yet. Ian Sherr, editor at large at CNET, joins Cheddar News to discuss the highlights of the event.
Uber Lyft and Doordash are all set to spend $1 million dollars on a campaign and efforts to stop lawmakers from classifying their gig workers as employees. The campaign features TV and online ads highlighting Washington area workers who say they prefer the flexibility of being an independent contractor rather than following the model of a company employee. Professor at NYU. Stern School of Business and author of the sharing economy, Arun Sundararajan, joined Cheddar to discuss more.
Rachel Van Nortwick, CEO and Founder of Vinylly, joins Cheddar Innovates to discuss how this dating app is designed with music lovers in mind, pairing matches based on each individual's unique taste in music.
Stock trading app Robinhood already has been offering cryptocurrency investments but seems further excited about the asset class following President Biden's recent announcement of an executive order. Dan Gallagher, the chief legal and corporate affairs officer for Robinhood, joined Cheddar News to talk about the White House's tentative vision for digital currency. "I think this executive order firmly states that, yes, crypto is here to stay, which it talks about the important competitive issues around crypto and how the United States needs to be a leader, a global leader, in innovation and technology regarding crypto," he said. Gallagher also discussed having clarity around meme stocks going forward but worried about overregulation slowing down innovation.
American private aviation company Wheels Up saw a substantial revenue increase in its Q4 earnings. With bookings ramping up for the summer — along with hopes of being on the tail-end of COVID-19 — the company is looking at a promising upcoming quarter as well. CEO Kenny Dichter joined Cheddar News to talk about the earnings reports as well as the company's new app development. "We’re following that Uber, Airbnb, Amazon playbook and are really going to disrupt this space through technology," he said.
In this edition of Tik Talk, musicians use tech to make songs with plants. The process turns electrodes in the plants into musical notes and the results just might blow your mind.
