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.
Instagram Chief Executive Adam Mosseri is set to testify before Congress for the first time. Mosseri’s appearance follows reports that showed Facebook and Instagram are aware of the harms their apps and services cause, including to teen mental health. Nicole Gill, co-founder and executive director of Accountable Tech joins Cheddar News to preview the hearing.
Steve Case, Revolution Ventures CEO, joined Cheddar to discuss progress venture capitalists have made over 2021 and where investors are looking beyond Silicon Valley. Other locations VC firms are exploring include Los Angeles, Philadelphia, and Chicago among others. "Historically there's been a brain drain in a lot of these cities, people leaving for opportunity elsewhere. Now, people are staying," he said of the emerging tech hubs. "There tends to be a collaborative effort in the community to really support startups to recognize the future of the community."
According to data from Dealogic, the Nasdaq is on track to beat the NYSE in IPOs this year, raising $191 billion so far, compared with the NYSE's $109 billion. Louis Cordone, senior president of Data Strategy at AST, discusses why 2021 was so successful for IPOs, and what differentiates the two exchanges.
