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.
Bill Lawton, Principal Research Engineer AT Georgia Tech Research Institute, joined Cheddar News to break down the latest with the controversial rollout of 5G, as the FAA continues to investigate possible flight disruptions.
Dan Ives, managing director and senior equity research analyst at Wedbush, sat down with Cheddar News' Baker Machado to break down the implications of this deal for both Microsoft and Activision, as well as competitors like Sony.
David Trainer, CEO of New Constructs, joined Cheddar News' Michelle Castillo to discuss what the future may hold for Netflix, as increased competition and slowing subscriber growth cause the stock to tumble.
Melissa Gonzalez, CEO and Founder of The Lionesque Group, joins Cheddar News' Closing Bell, where she explains why she feels mixed about the Walmart's new initiative and what will make mass adoption of this offering difficult.
Exercise equipment maker Peloton is attempting to run away from a recent bout of controversy. CEO John Foley published an open letter to employees on Thursday after reports that said Peloton was pausing production of its Bike and Tread products, delaying the opening of a new U.S. factory, and considering job cuts. In the letter, Foley wrote that the information in the reports was 'incomplete,' 'out of context,' and not reflective of Peloton's strategy. Peloton's stock responded on Friday, with shares bouncing back after falling nearly 24% in the regular session on Thursday. CFRA Research's Director of Research Ken Leon joined Cheddar News' Closing Bell to discuss.
