Cheddar Senior Reporter Alex Heath joins Kristen Scholer and Baker Machado to discuss Mark Zuckerberg's latest New Year's resolution...to "fix Facebook." This is the least specific he's been about a New Year's resolution since he starting making them publicly in 2009.
Facebook has certainly faced backlash after being accused of spreading misleading information. Heath talks about what problems Zuckerberg will need to address in 2018 and some challenges ahead for the company.
Plus, how damaging is Intel's chip issue to Apple? Heath says Apple shouldn't be worried. It was already working towards eliminating the need for Intel chips, and this will just put the cherry on that decision. However, he says Intel needs to worry because chips are the core of its business.
Peloton is reportedly drawing interest from multiple suitors. According to the Wall Street Journal, Amazon is considering acquiring the exercise bike company as it looks to expand into the health and wellness technology industry. Hatem Dhiab, managing partner at Gerber Kawasaki, joined Cheddar to discuss Peloton's future and which company might be its best bet as a buyer.
Amazon shares jumped north of 13 percent in after-hours trading as the E-commerce giant posted a beat on earnings in its fourth quarter. Amazon saw particular success in its cloud computing business, as well as its stake in EV startup, Rivian after its massive IPO. Deren Baker, CEO, Edge by Ascential joined Cheddar's Opening Bell to discuss.
Google parent company Alphabet reporting a beat on its Q4 earnings report, with revenue up 32%. The company's strong quarter was thanks to success in its cloud and advertising businesses, which both saw solid year-over-year growth. Angelo Zino, Senior Industry Analyst, CFRA Research joined Cheddar's Opening Bell to discuss the tech giant's blowout results.
'Pixstory' is an integrity-based social media platform providing a space for healthy dialogue. It was designed to fight misinformation, hate speech, and other forms of toxicity. NBA champion and Pixstory brand ambassador, Dwight Howard, joins Cheddar News to discuss.
