CES About to Kick Off, and Everyone's Talking About the Golden Globes
Tech giants converge on Las Vegas for the 50th Consumer Electronics Show where the latest devices, gadgets, and toys will be on display. One of the major themes this year: Google trying to take away some of the share from Amazon in the digital assistant space.
Plus streaming services take home 5 awards at the Golden Globes, but who's the big winner? Amazon and Hulu took home 2 trophies each, and Netflix picked up one of its own, while Time Warner's HBO brought in 4 for its miniseries "Big Little Lies."
Intel also faces continued fallout from the chip vulnerabilities revealed last week, while SpaceX is getting ready to test fire its Falcon Heavy rocket. And David Letterman's new Netflix show will debut on Friday with former president Barack Obama as its first guest.
The state of Arkansas sued TikTok and Facebook parent Meta on Tuesday, claiming the social media companies were misleading consumers about the safety of children on their platforms and protections of users' private data.
Stocks are rising again as a bit more fear evaporates from Wall Street. The S&P 500 was up 0.7% early Thursday. The benchmark index is on pace for its fifth gain in the last six days.
The Federal Deposit Insurance Corp. is set to pay almost $23 billion to stabilize the banking sector. That money comes from an insurance fund that is refilled through fees paid by banks. Now the agency is considering a special assessment on the entire industry to help make up the costs, according to a Bloomberg report.
About 61% of Americans say the economy is impacting their mental health, according to a PayPal survey. Shanthi Sarkar, vice president of financial services at PayPal, joined Cheddar News to break down some key takeaways from the survey and offer tips on saving and managing money.
Monthly VC funding fell below $20 billion in February, marking a two-year low. Jager McConnell, CEO of Crunchbase, joined Cheddar News to discuss the current funding climate and what lies ahead.
