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In Push to Go Cashless, Some Are Being Left Behind
More and more retailers are adopting mobile payment technology, but is all that innovation a good thing? A New York City Council member is proposing a ban on cashless establishments, saying it unfairly targets minority populations. Jason Oxman from the Electronic Transaction Association joined Cheddar to discuss.
Cheddar Awards: Marc Benioff Is 2018's Most Woke
As Cheddar reflects on 2018, we are profiling the most innovative, flamboyant, and often-controversial entrepreneurs and corporate leaders who delivered the year's most memorable moments in business. Of the CEO Class of 2018, who was crowned Biggest Flirt? Class Clown?
Two Studies Show Dramatic Increase in Teen Vaping, and Its Related Health Risks
A study released on Monday found a dramatic increase in vaping among teenagers ー after a second study found that the increasingly popular habit comes with not-insignificant health risks. "Vaping appears to be less harmful than smoking, but then again smoking kills half of the people who do it long-term. So, again, it's a low bar to be safer than smoking," Rachel Becker, a reporter with the Verge, told Cheddar on Monday.
Bayer Launches Amazon Alexa Skill to Turn Students into Scientists
STEM education in the U.S. is falling behind and 2.4 million STEM-related jobs are expected to go unfilled this year. Ray Kerins, SVP, Corporate Affairs at Bayer, and Jackie Joyner-Kersee, Olympic gold medalist, joined Cheddar to discuss the launch of Bayer's new Amazon Alexa skill integration.
Cargo Expands Commerce in Ride-Hails Through Venmo Partnership for Payments
Cargo is essentially an in-car vending machine ー a box containing snacks and personal items for purchase installed on the center console of some Uber and Lyft vehicles. According to CEO Jeff Cripe, since so many riders were dividing their Uber and Lyft fares with Venmo, it made sense to make Venmo the payment option for their in-car purchases. Now, Venmo-happy millennials can purchase Cargo items through the app during their rides.
Tesla Is Poised to be a 'Technology Titan': Wedbush's Dan Ives
In five to seven years, Tesla will be valued as a diversified "technology titan" rather than just as an automaker, Wedbush's Dan Ives told Cheddar on Monday. Wedbush rated Tesla "outperform" and raised its 12-month price target on the company to $440 last week. Tesla shares jumped Thursday following the report.
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