Facebook Teaming Up with Lyft to Increase Outreach in Crises
Facebook is teaming up with organizations such as Lyft to make it easier to help people during a crisis. Now these companies can provide critical information, and services directly on the Community Help page. Lyft's Head of Social Impact Mike Masserman and Facebook's Social Good Product Lead Asha Sharma explain how this new integration works.
"We've seen the communities come together and use in a lot of different types of crises over the last year," said Sharma. "Now that we have organizations involved there's an opportunity to actually help people in a crisis get the services they need."
"In the wake of the hurricanes in Florida and Texas we formalized this program to provide people with free reduced rides to hospitals and shelters," said Masserman. "We think this is a great evolution of that program to make sure that more people and communities during times of crisis know these relief rides are available to them."
Stocks opening mostly higher to close out a wild week on Wall Street. It comes as investors continue to digest comments from the Federal Reserve, as well as the latest slew of earnings. Gene Goldman, Chief Investment Officer at Cetera, joined Cheddar's Opening Bell to discuss.
Democratic lawmakers are now calling on Bitcoin mining companies in the U.S. to assess how much electricity they use and how it could all potentially impact residents and the environment in the near future. Since its conception, crypto mining has been at the center of a debate. The question is: Is crypto mining playing a key role in renewable energy or could it totally derail U.S. climate goals? Host of The Wendy O show Wendy O, joined Cheddar to discuss more.
Rene Ritchie, independent tech analyst and co-founder of the Nebula Podcast, joins Cheddar News' Closing Bell, where he breaks down what investors will be looking for from Mark Zuckerberg this week and how the tech giants stack up when it comes to augmented reality and virtual reality products going forward.
According to multiple reports, President Biden's upcoming executive order for the crypto marke would assign some government entities to study cryptocurrencies, stablecoins and NFT's with the goal of developing a workable regulatory framework. Douglas Borthwick, Chief Business Officer at INX, joins Cheddar News' Closing Bell, where he elaborates on what role the Biden administration would play under this order.
