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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Rep. Langevin: Repealing Net Neutrality 'Will Hurt the Little Guy'
The Democrat from Rhode Island said doing away with the internet regulations would give large service providers too much power over the content that people see. The Senate on Wednesday voted to reinstate the Obama-era legislation, sending the bill to House, where it's expected to be shot down.
Facebook's Efforts to Help Connect People With Disabilities
The social media company is using A.I. to make content on its site more accessible and connect people with disabilities to helpful communities. "We are working on making it possible for essentially anybody to connect with anybody," says Matt King, an engineer at Facebook who lost his sight in college. He is also a three-time Paralympian and a record-breaking tandem cyclist. Facebook's accessibility efforts are part of a wider commitment from tech companies, including Microsoft and Apple, to make their products easier to use.
Opening Bell: May 16, 2018
A planned summit between North Korean leader Kim Jong Un and President Donald Trump is in jeopardy. In a statement this morning, North Korea's foreign minister said the country has no interest in a "one-sided discussion" on its nuclear program. On Tuesday, North Korea also canceled planned talks with South Korea. Starting today, Amazon Prime members will receive exclusive discounts at Whole Foods. Customers will now get 10% off hundreds of sale items in stores and will also get access to rotating weekly specials. The perks are only available in Florida as of today but will be rolled out nationwide starting this summer. Chris Carter and James Peisker, co-founders of Porter Road, join us to talk about their expansion into the digital landscape. Porter Road is a whole animal butcher shop based in Nashville, but the founders recently decided to take their business online.
Twitter Takes on the Trolls
Rather than making the difficult decision to delete offensive tweets, the social media platform is tweaking its algorithm to suppress negative tweets based on how often the account has been flagged or muted by other users. Digiday's Kerry Flynn says the move plays into the company's strategy to promote "healthy" conversations.
It's Not All About Devices For Roku's CFO
The company, which is known for creating streaming hardware devices, has shifted gears to focus on growing its streaming services business. That unit, which generated more revenue than hardware for the first time in the latest quarter, now has 21 million active accounts.
Amazon TV Exec Wants More Options for More Viewers at a Price
More companies are offering TV streaming options, known as over-the-top (OTT), as viewership and ad dollars shift away from traditional cable TV. "There are just different audiences who want to interact with video and entertainment in different ways," said Richard Au, U.S. director of Amazon's over-the-top TV service.
Coinbase VP Hopes to Lure Institutional Investors With New Crypto Products
The cryptocurrency trading platform launched four new products Tuesday, including a secure storage space for crypto assets. Eric Scro, Coinbase's vice president of finance, told Cheddar what was behind the launch.
Opening Bell: May 15, 2018
The Seattle City Council passed a new law that will require companies making more than $20 million a year to pay a 'head tax.' Amazon and other Seattle-based companies will pay a tax of 14 cents per employee per hour worked, which comes out to roughly $275 per employee each year. The tax will raise money for affordable housing since home prices have risen recently in Seattle. In response, Amazon's vice president said this move "forces us to question our growth here." A Starbucks exec criticized the city for spending "without reforming and fail[ing] without accountability." A number of top Tesla executives have left the company in the past few months. Aaron Cole, managing editor at Motor Authority, joins us to discuss whether investors should be worried that this 'drain brain' will have negative consequences for the electric carmaker. The company is ramping up production to meet its ambitious Model 3 targets. Cheddar's Brad Smith speaks with Joe Gibbs, Pro Football Hall of Famer and owner of Joe Gibbs Racing, at a special event outside the New York Stock Exchange celebrating Stanley Black & Decker's 175th anniversary. Gibbs talks about how NASCAR is focusing on expanding its digital outreach to reach a younger audience. He also weighs in on the Supreme Court's decision to reverse a ban on sports gambling.
Ethereum Founder on How Facebook Can Do Crypto Right
Facebook could use blockchain technology to flip its business model, giving its users control of how their data is used, says Joseph Lubin, the founder of Ethereum. Facebook announced earlier this month that it will explore blockchain technology, and Cheddar reported the social media company may create its own cryptocurrency.
