Former Facebook and Google Employees Team Up To Tackle Tech Addicition
Tackling tech addiction - that's the goal of a coalition formed by former Apple, Facebook, and Google employees. The Center for Humane Technology is launching a new campaign called "The Truth About Tech" to inform parents, teachers, and students about the potentially harmful effects of the gadgets we use every day.
Rob Marvin, Associate Features Editor at PCMag, explains how the coalition plans to fix the problem of tech addiction. The group is partnering with hundreds of schools around the country to explain the dangers of gadget use.
So far, companies like Facebook and Google haven't been incredibly forthright about the issue of tech addiction, but that could slowly change. Marvin says all of these companies are especially concerned with how they are viewed by the public. If people begin to view these companies as potential dangers, then they will likely step in to change things.
'Pixstory' is an integrity-based social media platform providing a space for healthy dialogue. It was designed to fight misinformation, hate speech, and other forms of toxicity. NBA champion and Pixstory brand ambassador, Dwight Howard, joins Cheddar News to discuss.
Soildus Labs, a market compliance and surveillance technology provider for crypto firms, has spearheaded the launch of the Crypto Market Integrity Coalition, a pledge committing to a safe and sensibly-regulated crypto industry. Kathy Kraninger, VP of Regulatory Affairs at Solidus Labs, discusses on Cheddar News' Closing Bell the biggest problems in the digital asset space that this new initiative plans to solve.
The global chip shortage continues to weigh on the automotive industry. For example, Ford says it is suspending or cutting production at eight of its factories in North America through next week due to the shortage. Balu Balakrishnan, President and CEO of Power Integrations, joins Cheddar News' Closing Bell, where he elaborates on why the chip shortage has dragged into 2022.
