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 company filed for a direct listing on Wednesday, already a rarity on Wall Street. But Axios Business Editor Dan Primack points out that, with no investor lock-up period, the stock could see "crazy volatility" right off the bat.
Mark Simons, President of Toshiba Americas, says PCs, phones, and other products will only get thinner and lighter, with an emphasis on connectivity and battery life and wearables.
Kroger and Walmart are raising the minimum age for those buying guns to 21, following in the footsteps of Dick's Sporting Goods. NBC Universal will cut the number of ads it airs in primetime by 20%.
Vero is the hottest new social network in the app store. It claimed the number one spot this week and has been downloaded more than one million times. Taylor Lorenz, Tech Culture Reporter at The Daily Beast was with us to discuss why it has become so popular.
Spotify files to go public. Dick's will immediately stop selling assault rifles. President Trump meets with lawmakers on gun control. White House communications director Hope Hicks is resigning from her post. Facebook launching a new initiative to take on sites like LinkedIn and Glassdoor.
Unplug and go "light", says the company's co-founder Joe Hollier. Light makes old-school phones for text and phone calls, a stark contrast to the hyper-technical smartphones of today.
Priceline officially changed its name to "Booking Holdings" on Tuesday as it reported Q4 results. Overall, Booking Holdings reported a strong Q4. CEO Glenn Fogel joins Cheddar to break down the name change and earnings news.
Chime is a popular bank among millennials, and it doesn't even have a physical location. Chime is a bank account and debit card for the digital age and the digital-first consumer and saver.
The Light Phone is about the size of a credit card and it can do a fraction of what your smartphone can. And yet, consumers love it. The company is about to release the new model "Light Phone 2."
Facebook is launching a new initiative to take on job listing sites like LinkedIn and Glassdoor. Cheddar Senior Reporter Alex Heath spoke with Facebook Vice President of Local Alex Himel about the launch of this product in an exclusive interview.
