Andrew Mason, Co-Founder of Groupon and CEO of Descript joins Cheddar to discuss the changing landscape within the audio industry. His new venture, Descript, launched on Tuesday and allows people to transcribe audio files within a Word doc.
Mason talks about why this particular technology within the audio industry is imperative to continue innovation. The company raised $5 million in seed funding. Descript aims to market to publishers and media companies.
Plus, Mason talks about discovering Groupon out of another project and how he's learned from his experience building the company. Trying to find new products and innovation within an already successful company is always a goal of his.
Verizon is taking steps to speed up its 5G network in rural areas. The company said it plans to extend its C-band 5G network across a larger suburban and rural footprint, meaning faster speeds for customers in those areas.
Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading.
British regulators have blocked Microsoft’s $69 billion deal to buy video game maker Activision Blizzard over worries that it would stifle competition in the cloud gaming market.
