Facebook Makes Over its News Feed and an Unlikely Buyer for Gawker
Facebook announces major changes to its news feed that will prioritize posts from friends over those from businesses or third parties. The news could be a big blow for publishers, who rely on the platform to grow its audience.
And Peter Thiel, the man who funded Hulk Hogan's lawsuit against Gawker, is reportedly now trying to buy the company. How the venture capitalist will run the company, which published controversial articles against him and still faces possible litigation from Hogan, remains to be seen.
Plus Softbank's not the only investor cutting its estimate of Uber's valuation. Fidelity and Principal Investments say the ride-hailing app is worth about 20 percent less than it was previously.
The FDRA is a trade association that supports nearly 500 brands worldwide including Nike, Adidas, Walmart, and Target and represents over 90% of US shoe sales.
Lead Analyst at TVREV, Alan Wolk, joins Cheddar to discuss the latest in media and business news, including why business at the box office may be slowing down.
With stubborn inflation sticking at about 2.8%, there’s a chance that the Fed won’t cut rates this year. That might be the smarter choice in the long run.
The health and wellness industry is booming, expected to hit $14 trillion by 2032. Equinox teamed up with Function Health to revolutionize health optimization.
