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.
Social live-streaming is today where social media was in the mid-2000s. At least that's what 21st Century Fox is betting. The CEO of Caffeine, which just took a $100 million investment from the media giant, is looking toward the future of the industry.
A week after failing to make the cut for San Francisco's scooter permits, Spin is undeterred. The Bay Area start-up is "used to competition in this space," said head of public policy Brian Kyuhoon No.
At the Crypto Finance Conference, Cheddar's Tanaya Macheel speaks with Ripple co-founder Chris Larsen about the state of Ripple, and how he thinks XRP can rebound from its summer slump.
Jennifer Smith of the Wall Street Journal reports on a theory that autonomous trucks could come to market before passenger cars and obliterate an industry in the process.
Champion, the apparel company that has regained life as a cool-kid staple, is partnering with eSports teams. Champion's president of sports apparel John Fryer called gaming a "global phenomenon."
Bobby Lee of digital asset firm BTCC told Cheddar that assets like Bitcoin and Ethereum are more comparable to securities than crypto tokens, and it's where he said he remains bullish.
Lance Ulanoff, tech and social media expert, and Ian Sherr, executive editor of CNET News, agreed that Google's decision to not send a top executive to testify to Congress alongside Sheryl Sandberg and Jack Dorsey is going to cause significant damage among lawmakers for the company.
The activist, diversity consultant, and author is unsure if tech executives like Sheryl Sandberg and Jack Dorsey are equipped to fix platforms that they in part helped create and which, at least in the case of Twitter, might be fundamentally broken.
Allstate's partnership with Uber to provide drivers with commercial auto coverage now encompasses four states, including some of the New York market. The expansion hedges against a possible future where fewer car owners means fewer individual policies, said Tom Troy, executive vice president for Allstate's business insurance unit.
Tamara Warren, automotive journalist, said that Mercedes's new electric SUV is the first of what will be many luxury electric cars, and Tesla's about to get a lot more competition.
