Social polling platform The Tylt is on a mission to take a pulse of the internet, and provide people a platform to have their voices heard. The company's General Manager Kyle Lelli explains how its users are responding to current events.
When The Tylt asked its followers whether the United States should legalize marijuana it's user base overwhelming voted in favor of making weed legal. According to The Tylt, 94.8 percent voted to #MakeWeedLegal, compared to 5.2 percent who voted to #KeepWeed Banned. Lelli says this echos the growing excitement and acceptance of marijuana.
When looking at how social polling compares to systematic polling, Lelli says The Tylt has the capability to leverage social media and billions of opinion being shared in real time. "We are trying to quantify opinions in a broader way," says Lelli.
There is a new player in the mobile app stock trading space.
Zingeroo recently announced a funding round of $8.5 million. The company says it aims to bring 'friendly competition' to stock trading, by literally breaking trading down into daily and weekly competitions between friends. Zingeroo also says it hopes its new approach can make trading more accessible, educational, and social than ever before. Zingeroo co-founder and CEO Zoe Barry joins Cheddar News' Closing Bell for more.
As cell carriers AT&T and Verizon planned to roll out nationwide 5G service this week, the FAA and U.S. DOT are asking the companies to pause their plans so more research can be done on the impact 5G has on aircraft technology. The companies are refusing, citing French regulations that limit wireless signals around airports while allowing research to continue. This week's launch wasn't the first time concerns have delayed 5G — last year, Airbus and Boeing express concerns, pushing the deadline into November, December, and then into this year. So what happens now — and what happens next? Will 5G roll out this year as expected? Jon Swartz, Senior Reporter at MarketWatch, joins Cheddar News' Closing Bell to discuss the state of the planned 5G rollout, why the FAA and U.S. Department of Transportation are asking carriers to stall the launch, and more.
Tyrone Ross, CEO of Onramp Invest, joins Cheddar News' Closing Bell, where he explains why he believes the current crypto slump is expected to persist and says that investors should be focusing more on Bitcoin's hashrate when it comes to metrics.
Luke Larsen, senior editor at Digital Trends, joins Cheddar News to discuss the largest tech convention in the world, CES, kicking off in Las Vegas this week.
