Barbie, the doll that has long symbolized an impractical and unattainable standard of beauty for young girls, was invented by one of America's foremost businesswomen of her day.
This came as a surprise for the director of a new Hulu documentary, "Tiny Shoulders: Rethinking Barbie," that was to have its debut at the TriBeCa film festival this week.
The documentary, directed by Andrea Nevins, goes behind the scenes of Mattel as Barbie undergoes a major transformation to better reflect diverse characteristics and more reasonable notions of beauty.
"Multiculturalism as well as many different shapes, I think is part of the next step that we as women are allowed, in part because we have more power than we've ever had before and I think we can start to control the narrative and start to control female gaze as well as male gaze," said Nevins in an interview Tuesday with Cheddar.
She said that executives at Mattel, the toy company that's manufactured Barbie since 1959, decided now was the time to make a change because public awareness ー and backlash ー had gone mainstream.
"I think there was a lot of noise in culture and I think that they have had an antenna up since 1959 about what the noise in culture is and they heard loud and clear that women were no longer accepting that one form," she said.
For full article, [click here](https://cheddar.com/videos/in-a-barbie-world).
There's a new ETF designed to offer investors exposure to 'meme stocks.' Roundhill Investments launched it earlier this month and says the ETF is the first that is explicitly designed to track the performance of meme stocks. Roundhill Investments Vice President of Research Mario Stefanidis joins Cheddar News' Closing Bell to discuss.
Mobile bill payment application Papaya recently raised $50 million in a series B round led by Bessemer Venture Partners.
Papaya lets users take a photo of any bill, and the app's AI-powered 'bill understanding technology' pays the bill in seconds. The company says its goal is to help people spend more time on things that matter, by making bill-paying as painless and quick as possible. Papaya CEO and co-founder Patrick Kann joined Cheddar News' Closing Bell to discuss.
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On this episode of Cheddar Innovates: Omorpho Co-Founder explains the innovation driving gravity sportswear; Cool Beans CEO breaks down the science behind 'good mood food;' A look at Curiosity Stream's 'Building The James Webb Telescope.'
Stefan Olander, Co-Founder of Omorpho, joins Cheddar Innovates to discuss how they are bringing innovation into athleticwear by creating 'gravity sportswear.'
Tyler Mayoras, CEO of Cool Beans, joins Cheddar Innovates to discuss the science behind being a 'good mood food,' and what makes these burritos good for the environment.