Disney is expected to pay as much as $60 billion for assets of 21st Century Fox, in a deal that could be announced Thursday. Seeking Alpha Author Mike McNeil joins Cheddar to discuss what this sale could mean for movie and streaming services.
McNeil believes this opportunity to buy Fox could help Disney's Studio Entertainment division bolster its content. Next year, Disney will come back strong with the newest "Avengers" movie, and the highly anticipated "Frozen 2" is coming in 2019.
Plus, when it comes to Disney's future streaming service, McNeil talks about how Fox properties could help it compete with Netflix or Hulu. Earlier this year, Disney pulled all its content off Netflix to gear up for its own similar service.
Cheddar's own Shannon LaNier tries out ZOZOFIT's new body suit that provides 3D scans measuring everything from waist size to body mass index. Madeleine Kanazawa, vice president of marketing for the fitness brand, breaks down how the technology works.
Meta is warning that cybercriminals are tricking people into downloading programs that can steal valuable information on fake ChatGPT offers. Cheddar News explains how Meta has observed hundreds of malicious links on its platform.
