*By Jacqueline Corba*
Google's chief executive Sundar Pichai wasted no time Tuesday addressing one of the most vexing issues facing the tech giant.
"It came to my attention we had a major bug in one of our core products," Pichai said Tuesday. "It turns out we got the cheese wrong in our burger emoji."
Determined to be as transparent as possible at a time when tech companies are coming under increasing scrutiny for opaque terms of service agreements and data privacy concerns, Pichai owned up to another gaffe that surprised ー and may have tickled ー the crowd at Google's annual developers conference.
The beer emoji, often used alongside the burger emoji, appeared to defy the laws of gravity.
"I don't even want to tell you the explanation the team gave me as to why the foam was floating above the beer," Pichai said. "But we restored the natural laws of physics."
To be fair, given the breaches of data security, mounting concerns over the role of technology in our lives, and the ways Silicon Valley firms treat their employees and customers, these emoji mishaps hardly rate. But it provided a light-hearted way for Pichai to kick off his keynote speech at Google's I/O conference in Mountain View, Calif.
And emojis really matter to consumers, said Jeremy Burge, Emojipedia's chief emoji officer.
"Companies in the last year or so have figured out people love emojis," Burge said.
For the full interview, [click here](https://cheddar.com/videos/google-ceo-sundar-pichai-leads-developer-conference-with-emoji-controversy).
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
U.S. markets opened sharply lower on Friday on hotter-than-expected inflation data. The May CPI showed an 8.6% jump in consumer prices year-over-year, higher the expected 8.3%. Mark Howard, Senior Multi-Asset Specialist at BNP Paribas joined Cheddar's Opening Bell to discuss.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.
The electric vehicle maker filed a proposal for a three-for-one stock split, increasing the accessibility of shares for investors for a stock trading at around $700 a share. The move comes not long after tech giant Amazon announced a 20-for-one split. The number of authorized shares rises from two billion to six billion. It was also revealed that board member Larry Ellison does not intend to stand for reelection as it pertains to Tesla.
President Biden proposed a new rule that would add 500,000 chargers for electric vehicles nationwide. The proposal comes amid the rapid shift to EVs with dozens of automakers announcing plans for all-electric fleets within the next decade. But with the new surge will the U.S. have the proper infrastructure to keep up? Scott Painter, founder and CEO of Autonomy.com joined Cheddar's Opening Bell to discuss. "I really think the idea of standardization is a big deal. Standardization certainly makes it much better for everybody to be able to get a charge when they need one," he said.
