Arianna Huffington Launches Thrive App to Combat Tech Addiction
Thrive Global launched a new mobile app geared to improve people's relationship with technology. The company's co-founder and CEO Arianna Huffington explains how it helps people combat their smartphone addiction.
"Let's admit it we are all addicted," says Huffington. "Now we are realizing its not all good." The Thrive App helps people re-calibrate your relationship with your phone by going into "Thrive Mode."
"There's absolutely no reason to be receiving twelve different notifications giving you the latest Trump tweets," Huffington said. The app is currently only available on Samsung's Galaxy Note 8, but Thrive Global plans to roll this out on other smartphone devices in the future.
Ride share competitors Uber and Lyft both posted their fourth quarter earnings days apart from each other. Both companies have been trying to get back on their feet after taking some pandemic-related hits, but the Omicron variant had other ideas as the year came to a close, with each company taking a hit in ridership in December. Lance Ippolito, head trader at The Future of Wealth explains how Uber and Lyft measured up this earnings period and why Uber may still have an edge over the competition.
Parallel Systems has been selected to receive $4.5 million from the Department of Energy for an advanced testing program of its autonomous, battery-electric rail vehicles. The startup, which has raised more than $53 million to date, was founded by former SpaceX engineers to reimagine the rail system by creating a more efficient, decarbonized freight network. Matt Soule, Co-founder & CEO of Parallel Systems, joined Cheddar's Opening Bell to discuss what the company hopes to achieve.
