Having access to the internet is one of the keys to leveling the playing field for students. Sprint is working to bring internet access to a million low-income high school students. The 1Million Project is only a year old, and has already connected 85,000 students to the internet through free devices and services. Doug Michelman, President of The 1Million Project, says that they are on track to reach a million students within 5 years. The organization is currently active in 30 states. The 1Million Project has connected with over 1,300 high schools across 120 school districts.
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Opening Bell: May 31, 2018
Uber could go public as soon as next year, according to the company's CEO Dara Khosrowshahi. He said the ridesharing company is in a good position and he's confident in Uber's "very strong balance sheet." Khosrowshahi also revealed that Uber has been in discussions with Waymo for a potential partnership. If talks are successful, Uber could add Waymo's self-driving cars to its network in the future. Walmart's annual shareholders meeting is underway in Arkansas. Cheddar's Nora Ali reports on what big announcements we can expect from the world's largest retailer. Competition is heating up in the artificial intelligence field. In her annual Internet Trends Report, venture capitalist Mary Meeker says China is making progress in A.I. and could catch up to the U.S. in the next few years. Quartz's Mike Murphy and VentureBeat's Khari Johnson join us to discuss what the future holds for A.I. development.
Buffett's Endorsement Boosts Uber CEO's Turnaround Plan
The Oracle of Omaha said he is a "great admirer" of Dara Khosrowshahi, who has tried to improve the ride-hailing company's culture and reputation. But Khosrowshahi may not have done enough yet to address the fundamental issue of driver pay, says Patrick Sisson, senior reporter at Curbed.
Consumer Reports Changes Course on the Tesla Model 3
A week after raising concerns over the braking time of the Tesla Model 3, Consumer Reports is now recommending the car. The electric automaker deployed "over-the-air" updates, something Jake Fisher, Director of Automotive Testing at Consumer Reports, said he'd never seen before.
Poshmark Sellers Pass $1 Billion in Sales
The online second-hand retailer has turned selling your old duds into a billion-dollar business, helping more than 4 million people clean out their closets and switch up their wardrobes for some serious cash.
Ava Raises $30 Million for Fertility Tracking Wristband
The company, which makes a FitBit-style fertility sensor, announced it will use the fresh capital to fill gaps in the market. "Women's health and women's health research has been underfunded for the last decade," says co-founder Lea von Bidder.
This Chatbot Wants to Be Your A.I. BFF
Hugging Face is an A.I.-powered chatbot designed to have "meaningful" conversations with users, says the CEO and co-founder Clément Delangue, who likened a relationship with a bot to the ties one might share with a pet.
Closing Bell: May 29, 2018
ABC is canceling its hit show 'Roseanne' after the sitcom's star Roseanne Barr made racist comments on Twitter. The company released a statement saying, "Roseanne's Twitter statement is abhorrent, repugnant and inconsistent with our values, and we have decided to cancel her show." Disney CEO Bob Iger chimed in to voice his support for ABC's decision. Barr has apologized for her comments about former Obama aide Valerie Jarrett. Facebook is reportedly getting ready to launch its WhatsApp Pay service in India. The company could introduce the payment service across the country as soon as next week, according to Bloomberg. WhatsApp Pay was launched in February of this year and has received rave reviews. Around 200 million people already use WhatsApp's messaging service in India. Budweiser is introducing a new beer to its Reserve Collection. Proceeds from the new Budweiser Freedom Reserve Red Lager will go towards helping veterans. Ricardo Marques, VP of marketing at Budweiser, joins Cheddar to explain why this is an important mission for the company.
Europe Considers Stricter Privacy Regulations, Days After GDPR Takes Effect
A new data privacy battle is brewing in Europe. The EU is considering stricter data privacy rules called the ePrivacy Regulation, just days after the General Data Protection Regulation (GDPR) went into effect.
A Start-up That Wants to Tip the Beef Industry, One Cow at a Time
Crowd Cow enables consumers to bid on parts of cows from independent farms and will only process orders once the entire cow is sold. "What we're doing is providing a very different experience from the entire meat industry," says co-founder and CEO Joe Heitzeberg.
