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.
The entertainment company has raised $4.5 million in new funding. CEO Andy Heyward said the first order of business is launching a new brand called "Rainbow Rangers", which debuts on Nickelodeon in November and is meant to empower young girls.
JPMorgan is bringing its Sapphire brand to banking, a bet that it can change affluent millennial customers' perception of the industry the same way it won them over with its credit cards.
The car-sharing service just that lets drivers rent their vehicles out to strangers just raised $300 million in new financing led by Japan's SoftBank. CEO Sam Zaid tells Cheddar how Getaround stands out in a crowded industry.
Gene Munster of Loup Ventures sees a scenario in which Apple and Tesla's shared love of design might lead to a courtship between the two Silicon Valley titans.
The scope of the issue is still unclear, said Craig Timberg, a technology reporter with the Washington Post. But at least the platforms are being transparent in what they're doing to combat it.
DoorDash just raised $250 million of funding, more than doubling its valuation to $4 billion. CEO Tony Xu told Cheddar why that is justified for a player in such a crowded space.
Video game developers have made the gaming experience more addictive, and it's showing. Sarah Needleman, technology reporter at the Wall Street Journal, explains one factor behind the explosive growth of the gaming industry.
As Venezuela grapples with an economic crisis, the country's President Nicolas Maduro pegged its currency to a newly-launched crypto. But Eduardo Gomez of Bitcoin marketplace PurseIO says the move makes little sense for most Venezuelans.
These are the headlines you Need2Know.:
Microsoft uncovered a new spear-phishing scheme waged by Russian hackers who targeted a handful of websites apparently linked to the government in an attempt to influence this November's elections.
