How Imgur is on a Mission to Spread Happiness Across Internet
Online sharing community Imgur is on a mission to provide an uplifting user experience, and differentiate itself from other social platforms like Facebook and Instagram. The company's COO Roy Sehgal explains how Imgur is rolling out new products to its user base.
According to a survey of Imgur users, two out of three respondents say they leave the site feeling happier than before. 74 percent agreed the site makes them feel better than other mainstream social media networks.
Sehgal says Imgur is driven by its users. "We think Imgur is a combination of anonymity which breathes authenticity which ultimately drives positivity," said Sehgal. The site reaches 250 million people each month.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
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.