Earlier this month Facebook announced they would be adjusting their media and news strategy to give preference to reliable news sources. This has since resulted in fire from media moguls and another announcement from Facebook that they would be giving preference to local news sources.
Sara Fischer is the media reporter at Axios. She joins Cheddar to explain how local news sources have unique relationships with tech companies like Google and Facebook.
Fischer explains that if Facebook wants to drive community engagement, turning to local news could be the right move. Community engagement is going to be done by tapping into local stories and local topics.
WSJ reporter Ray Smith breaks down why more companies are offering ‘dry’ promotions – a responsibility or title bump with no pay raise – and the pros and cons of accepting them.
Apple says a Justice Department antitrust lawsuit accusing it of engineering an illegal monopoly in smartphones in the U.S. is “wrong on the facts and the law.”
As Reddit shares begin trading at the NYSE, ‘Einstein of Wall Street’ Peter Tuchman breaks down the social platform’s debut and what it means for the overall IPO market in 2024.
CEO and co-founder of Alix, Alexandra Mysoor, discusses why it’s so important for everyone, regardless of income, to both plan and settle their estates.
After the Fed forecast three cuts to come in 2024, Kevin D. Mahn, President and CIO at Hennion & Walsh Asset Management breaks down why the market looks strong, and he sees some reasons for concern in Reddit’s choice to IPO.
Federal Reserve officials signaled that they still expect to cut their key interest rate three times in 2024 despite signs that inflation was surprisingly high at the start of the year.
