Adi Robertson, senior reporter at The Verge, discusses the move this week by Senate Democrats to try and overturn the FCC's repeal of net neutrality. Democrats filed a resolution that would require a majority vote in Congress to pass.
It faces the biggest challenge in the Republican-controlled House of Representatives. Robertson weighs in on the likelihood of it passing and also discusses what various tech companies stand to lose if Democrats are successful.
She also talks about how extreme the response has been to the repeal of net neutrality, noting that she is not surprised how involved people have been in the fight. She says the battle for a free and open internet is one that consumers and internet companies have been fighting for decades.
Online tickets marketplace Vivid Seats CEO Stan Chia joined Cheddar’s "Opening Bell" to discuss the decision behind launching an IPO via a SPAC merger with Horizon Acquisition Corporation. According to Chia, it was the best route for the company as it looked to partner with a proven track record to strategize for the future. He also noted that pent-up demand for live events is as high as it's been in five years due to the pandemic. Shares are listed on the Nasdaq under the symbol SEAT.
Apple is expected to unveil a redesigned MacBook Pro, Mac Mini and the long-awaited AirPods 3 at its "Unleashed" event. We are also anticipating more information on Apple's own chip, as the chip shortage continues to ravage the tech industry. John Biggs, a writer and editor, gives a preview of the event and what we can expect from the new and improved devices.
Toyota is pledging to invest $3.4 billion into developing hybrid car batteries in the United States through 2030. The Japanese carmaker plans to establish a U.S. factory by 2025 and expects to create 1,750 jobs.
