The indictment of 13 Russians for interfering with the Presidential election has intensified the pressure put on Facebook, which uncovered about three-thousand Russian-linked ads on its platforms before and after November 2016. Cheddar Senior Reporter, Alex Heath, breaks down the the latest developments.
Facebook's Vice President for ads, Rob Goldman, tweeted about Russia's disinformation effort. President Trump then cited him. Facebook did not intend for Goldman’s tweets to be quoted by Trump. They thought the tweets would only be seen by a contextually-aware audience of techies and media types who follow Goldman.
Heath believes that the tweeting from Goldman and other execs is part of a carefully orchestrated PR campaign by Facebook to make itself appear more transparent and relate-able through engaged spokespeople on Twitter.
Nikil Viswanathan, Co-Founder and CEO of Alchemy, joins Cheddar News' Closing Bell, where he says his company has tripled its business over the past several months and that it will be heavily investing into global expansion following its $200 million funding round.
Swedish electric motorcycle maker Cake says its mission is to inspire society to adopt a zero-emission lifestyle. The company admits this is a lofty goal that covers a lot of ground - so it's starting with the world of urban mobility and last-mile deliveries. The company also has an agreement in place with NorthVolt to continually improve the environmental impact of batteries for electric vehicles. Stefan Ytterborn, Founder & CEO of Cake, joins Cheddar Climate to discuss.
One retailer and publicly-traded company says it is on a mission to inspire a new generation of consumers to think secondhand - first. thredUP is one of the world's largest resale platforms for women's and kids' apparel, shoes, and accessories. The company says it is changing the way consumers shop and ushering in a more sustainable future for the fashion industry. Anthony Marino, President of thredUP, joins Cheddar Climate to discuss.
Apple said Tuesday it is expanding the iPhone's capabilities to accept contactless payments, making it easier for merchants to conduct tap-to-pay transactions without having to buy additional hardware.
