Google's community-based traffic app epanded its carpool service to customers in the U.S. on Wednesday. Josh Fried, head of carpool at Waze, said the main goal is to reduce traffic and make it easier for its customers to carpool effectively.
In July, AT&T made a strategic investment in Magic Leap, the high-profile augmented reality start-up. It was a key move as the telecoms giant continues its push toward winning the 5G race. Cheddar caught up with John Donovan, CEO of AT&T Communications, to discuss the tie-up and what 5G will mean for consumers.
DeKryptic is combining the fashion industry and the technology industry to bring your clothes to life through augmented reality. Christopher Fermoselle, Co-Owner and Creative Director of DeKryptic and Boosted Art, demonstrates how his mobile app can make the images on garments animate, and explains why that's a valuable marketing tool.
Cyrus Massoumi is CEO of the new $30 million venture fund that invests in founder-led start-ups. He said companies do their best when they are being led by their founders because "no one is going to care as much as the parent."
AT&T announced on Wednesday that it will launch a streaming video service next year, with offerings from its newly acquired HBO, Turner, and Warner Bros units. Richard Plepler, CEO of HBO, said the company is committed to investing in new content and that 2019 will be the "most robust and varied year of programming" for HBO.
Hurricane Michael strengthened to a Category 4 overnight as it barrels towards the Florida Panhandle. AccuWeather predicts the hurricane will cause $30 billion in damage. SoftBank is reportedly in talks to take a majority stake in WeWork. Plus, Cheddar's Alyssa Julya Smith chats with actor Caleel Harris about what to expect from the upcoming 'Goosebumps 2: Haunted Halloween' movie and his role in Ava DuVernay's 'Central Park Five' TV series.
While the Dow took a major slide on Wednesday, Chinese electric car company NIO is surging for the second straight day. But can the Tesla rival compete with its American counterpart? Tamara Warren, co-host of Cheddar Rides, points out the company needs to start producing its own cars first.
Robinhood has built its own clearing system that will let it clear and settle transactions and custody assets for its now six million customers without using any third parties. The stock trading start-up expects Clearing by Robinhood, a two-year-old regulatory and engineering project, to provide a faster and cheaper offering for users. Co-CEO Vlad Tenev likened it to Apple building its own chips in-house or Amazon running and investing in its own fulfillment centers. Clearing, he said, is a foundational layer, but it impacts the end user experience.
With less than 10 days left until recreational marijuana is legal across Canada, Alyson Martin, co-founder of Cannabis Wire, explains how rollout will go. As for the future of legalization in the U.S., she says it's inevitable. "Young people might be the path to legalization," she said.
As Aston Martin stock stumbles in the days following its IPO, the British luxury automaker is not interested in expanding its potential market with less expensive "entry-level" cars. CMO Simon Sproule said the company is focused on new electric models and a forthcoming SUV. And they will be expensive.
