Seeking Alpha Author Bram De Haas joins Cheddar to discuss how FRMO Corporation benefits from the $12 million it's invested in the cryptocurrency market.
FRMO Corporation is a holding company that is invested directly or indirectly in Ripple, Bitcoin Cash, and Bitcoin. De Haas says he likes this company because it isn't impacted by the bitcoin market. It doesn't matter if bitcoin drops to $0...the company is safeguarded.
FRMO's other investments include OneChicago, Digital Currency Group, CNSX Markets, Miami International Holdings, The Bermuda Stock Exchange, and Horizon Kinetics.
Bioscience and genetic engineering company, Colossal, raised $60 million in a Series A funding round. Colossal is focused on developing new technologies and genetic tools to restore extinct species, and protect critically endangered species. One of the startup's long-term goals is to resurrect the woolly mammoth, and return it back to the arctic. Colossal also says it is developing technology that expands beyond animals, and has the potential to advance human health. Ben Lamm, co-founder and CEO of Colossal, joins Cheddar News' Closing Bell to discuss.
Nate Morris, Chairman and CEO of Rubicon, joins Cheddar Innovates to discuss how the company is creating a digital marketplace for waste and recycling, and how technology and sustainability will go hand in hand in the future.
Amazon has closed its $8.5 billion acquisition of Hollywood studio MGM, two days after European regulators said the deal “would not significantly reduce competition” in European markets.
James Coddington, CEO of SkillsVR, joins Cheddar Innovates to discuss how virtual reality is being used to train frontline workers to deal with difficult customers, and how this technology is being applied to diversity training.
What you Need to Know on Thursday, March 17. Updates from Ukraine, President Biden refers to Putin as a ‘war criminal’ for the first time, Walmart has ambitious hiring targets for Q1, and Netflix takes steps to crack down on password sharing.
Transportation Secretary Pete Buttigieg joined Cheddar's Michelle Castillo from South By Southwest to boost President Biden's bipartisan infrastructure legislation and talk about the big transportation issues of the day, including electric vehicle charging infrastructure and the future of public transit. "It means we have a huge wind at our back delivering on the kinds of transportation solutions that are going to define the 2020's 2030s, 2040s even," he said. "And that's what makes it exciting to come to South by Southwest and talk with some of the people who are following these technologies and ideas the most closely and talk about where we're headed." Buttigieg also touched on the "Don't Say Gay" legislation in Florida, noting that such legislative pushes were likely coming from politicians deflecting from lacking answers to pressing economic concerns, in his opinion.
