FCC Chair Under Investigation, Snap CEO Defends App Redesign
FCC Chairman Ajit Pai is under investigation for collusion. Last year, Pai and the FCC changed the law which dictates how many stations a TV broadcaster can own. This paved the way for Sinclair to buy Tribune Media for $3.9 billion. Now, investigators are looking into whether Pai improperly colluded with Sinclair to change these rules.
Snap CEO Evan Spiegel is doubling down on the controversial app redesign after facing fierce backlash. At a conference, Spiegel said the widespread criticism actually validates Snapchat's mission. The update rolled out globally a few days ago and has faced sharp backlash from teens and even celebrity influencers like Chrissy Teigen. The new Snapchat separates friends and family from celebrities and media content. A petition to revert back to the old version has already picked up 1 million signatures.
Alan Wolk, co-founder of TVREV, joins Cheddar to discuss all things streaming bundles plus which media company will be victorious in sports rights battle.
Actor Scarlett Johansson claims OpenAI used her performance in 'Her' to inspire its new audio chatbot. It could lead to major consequences for the tech company.
The S&P 500 is trading at a record high, partly driven by the boom in stocks related to AI. Nvidia is leading the pack, and it's set to announce its Q1 results.
In April, grocery prices rose by 1.2 percent, reaching pre-pandemic levels of food inflation. Could an e-commerce grocer be the solution? Thrive Market says yes
It’s an election year, and many citizens feel anxious about America's future. This CEO offers nonpartisan solutions in his book, “A Bold Plan For America."
