Vi is an personal trainer powered by artificial intelligence in the form of headphones. Vi CEO Omri Yoffe explains the technology behind this innovative product.
Yoffe says this device is a geotracker and fitness watch powered inside headphones. This product, which retails for $199, differentiates itself in the market for its ability to offer real-time and personalized coaching says Yoffe. While wearable technology interest among consumers has waned in recent time, Yoffe says the Vi stands apart by its ability to combine so many features into one device.
Vi features include wireless connectivity, sweater and water resistance, and aerospace grade biosensors. Vi has raised $16 million in venture capital funding to date.
Cheddar News takes a look at The Day Ahead as the Federal Reserve's two-day meeting kicks off on Tuesday while earnings season continues with some big-name companies such as Ford, Pfizer, Starbucks and Uber on tap to report quarterly results. The JOLTS report is also due to be released ahead of April job numbers.
Dan Geltrude, managing partner of Geltrude & Co., joined Cheddar News to discuss why it's vital for a college student to begin budget preparations early for college tuition. "It's developing good financial habits," he said. "I'm a strong proponent that in high school, there should be some teaching, some course ... about personal finance."
Brian Vendig, president of MJP Wealth Advisors, joined Cheddar News to discuss the market ahead of the Federal Reserve's meeting on Wednesday and as investors digest JPMorgan's takeover of First Republic Bank, which was recently seized by regulators. A slew of earnings are also slated to be released this week as well.
The saga of Adidas' high-profile break-up with Ye, formerly known as Kanye West, continues. Investors have filed a class action lawsuit alleging that executives were aware of Ye's behavioral issues well before Adidas ended its relationship with him last October.
