Headspace Wants You to Get in Touch With Your Body
*By Alyssa Caverley*
You might not think that your smartphone, with all its flashing message alerts and beeping reminders, would be the tool to help you slow down and get in touch with your thoughts.
But that's what the guided meditation app Headspace aims to do by giving its 28 million users a way to improve their health and happiness at any time of day. It was one of the top lifestyle and wellness apps in the first quarter of 2018.
"It is genuinely a coming together of a consumer need and something being offered in a very different way," said the Headspace co-founder Andy Puddicombe in an interview with Cheddar's CEO Jon Steinberg. "You have meditation that's been around for a few thousand years, so this isn't new."
Puddicombe, who trained for 10 years as a Tibetan Buddhist monk in Northern India, said that Headspace was designed to help make meditation accessible to people's modern daily lives.
"So most people think of meditation ー 'O.K. I've got to sit down on the floor, cross legged, light some incense' ー we've tried to kind of take it away from that to make you feel sort of grounded and down to earth," Puddicombe said. "So I encourage people to sit down on a comfortable chair and just focus their attention in the distance."
He said the point was to show people who download the app that meditation is an individual experience and anyone can do it. And it's Puddicombe's voice ー the voice of Headspace ー that will help guide you through it and maybe even lull you to sleep.
"Meditation gives you what you need and if, at that time, you need sleep and you feel amazing when you wake up, that's a win," he said.
For full interview, [click here](https://cheddar.com/videos/headspace-founder-on-why-meditation-app-clears-up-the-brain-fog-for-users).
The Robin Hood Foundation is New York City's largest poverty-fighting organization. For more than 30 years, Robin Hood has built and fueled non-profits across all five boroughs. CEO Richard Buery joined Cheddar News' Closing Bell ahead of his ringing the closing bell at the New York Stock Exchange and later, lighting of the NYSE Christmas tree.
Creator commerce platform LTK raised $300 million in a recent funding round, now valuing the company at $2 billion. LTK is the world's largest influencer marketing platform and is known for helping to pioneer the so-called 'creator economy.' The company helps content creators make money off of their social media posts by hosting them on one central marketplace. LTK says more than $3 million in products are bought each year on its website and app. Now, the company is looking to continue its growth. LTK co-founder and president Amber Venz Box joins Cheddar News' Closing Bell to discuss.
Microsoft recently announced the standalone Teams Essentials as businesses continue to update their practices for the new norm of hybrid work life. Jared Spataro, corporate VP at Microsoft Modern Work, joined Cheddar to talk about solutions the tech giant has rolled out in order to help underserved small and medium-sized companies continue operations seamlessly. "We're excited about the opportunity to serve their needs better, and that, in particular, is focused on their meeting and communication needs," he said. "We start with Teams, which has been a wildly successful product for us up in the enterprise space, and now we have created a form of Teams that is particularly suited for small businesses."
No matter what you're in the market for this holiday season, there is one way that you can put some cash back in your pocket and stretch your gift budget a little bit further this year. With Lolli, for every gift you buy for someone else, you get the gift of free bitcoin back. CEO of Lolli, Alex Adelman, joins Cheddar News.
Iwao Fusillo, Chief Data & Analytics Officer, GM, joins Cheddar News to dispel myths and cut straight to the facts about GM's role in an all-electric future.
Over the Thanksgiving holiday, Elon Musk warned SpaceX employees in a leaked email that the company could be forced to file Chapter 11 bankruptcy if its raptor engine program fails. Musk then commented on the previous statement adding the detail that a recession could make such a bankruptcy possible.
Goldman Sachs is rolling out an Amazon Web Service for trading firms called GS Financial Cloud for Data with Amazon Web Services. The move comes as Wall Street looks to keep up with today's evolving tech.
Online ad-tech company Innovid made its public debut on the New York Stock Exchange. CEO and co-founders Zvika Netter joined Cheddar's "Opening Bell" to discuss factors that drove the company to launch an IPO via a SPAC deal. He noted that the rapid growth of connected TV advertising (CTV) made it an opportune time for his business to go public. While the company is profitable, Netter also explained the various avenues it will take to increase total revenue.
