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 ticketing company plans to add an extra charge for movies that it thinks will be popular. Associate features editor for PCMag.com Rob Marvin joins Cheddar to explain this surge pricing announcement and how MoviePass squares up against the competition.
The live streaming platform most commonly associated with video gaming is branching out into other genres, such as art, based on user feedback. "This interactivity that we have on Twitch actually works with other categories as well," says co-founder Kevin Lin.
The social media platform has been trying to establish itself as a prominent player in social video, but it isn't intimidated by Instagram's new video product IGTV. That's because Twitter is the platform users turn to for live world news, says that company's vice president and global head of content partnerships Kay Madati.
Tesla is making big cuts to its solar business. According to a Reuters report, the company will close 12 solar installation facilities across several states. Tesla bought SolarCity more than two years ago for $2.6 billion.
Chipotle is giving its menu a makeover. The company is experimenting with five new menu items at its test kitchen in New York, including quesadillas, nachos, and chocolate milkshakes. Chipotle plans to roll out these items nationwide in the coming months.
Paul Boyer, a.k.a. sOAZ, the former starting top laner for Team FNATIC, was sidelined with a hand injury during the Spring Split season of the esport League of Legends. But now he's back in action and ready for the Summer Split.
Cryptocurrency is drawing even more interest from retail investors on the Robinhood stock trading app than Snap did in its IPO. The digital coins' popularity is helping users move onto more institutional product offerings, says Robinhood's co-CEO Vlad Tenev.
Tesla's lawsuit against ex-employee Martin Tripp comes at a time when the company is under pressure to meet its production targets for the Model 3. Missing internal goals again "would be awful," says Brian Deagon, senior reporter at Investor's Business Daily.
In this week's episode of The Crypto Craze, Cheddar's Nora Ali and Brad Smith discuss the biggest stories from the crypto world. Payments company Square secured a BitLicense from New York, which will allow New York residents to trade bitcoin through the Cash App.
Vlad Tenev, CEO of stock trading app Robinhood, sits down with Cheddar reporter Tanaya Macheel. He talks about the future plans for the company which currently has around 4 million active users.
Michael Corbat says it makes sense for countries to establish cryptocurrencies for their individual nations.
Michael Corbat, CEO of Citigroup, says that understanding finance and the language that comes with it is key to helping people not be intimidated by money issues.
