For this week's Keep Reinventing segment brought to you by HP we are taking a look at a new product that upgrades the way people capture selfies. Hypno's Eye is a handheld, selfie ball which can be tossed into a crowd. Hypno Co-Founder Champ Bennett explains how this product is reinventing the selfie game.
"It takes the selfie out of selfie," says Bennett. "We realized it would be much more interesting to just take the camera to the party and the people itself."
Brands that utilize this product for events and experiences include Nike, Michael Kors, Samsung, and the artist Diplo. More than two million faces have been captured at over 3,500 events using Hypno's camera platform to date.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
Arturo Béjar testified before a Senate subcommittee on Tuesday about social media and the teen mental health crisis, hoping to shed light on how Meta executives, including Zuckerberg, knew about the harms Instagram was causing but chose not to make meaningful changes to address them.
Uber missed analysts' projections for earnings per share and revenue this past quarter. Cheddar News takes a closer look at the numbers and explains what to expect for the rest of the fiscal year.