At this point, most of us feel we couldn't live without our smartphones. With texting, email, and hundreds of apps available, smartphones rarely leave the palm of our hands. And this dependence is enabled by addictive apps and feedback mechanisms called intermittent variable rewards.
Cody Gough is an editor and podcast host at Curiosity.com. He explains how developers have engineered apps so that they give consumers rewards every time the app is visited. This increases engagement frequency and time. In the new age of advertising, consumer time is money.
Gough offers tips to kick cellphone addiction. He recommends charging your phone in a different room and avoiding mindless scrolling when possible. He also suggests keeping other tech and toys handy for downtime. Packing a book or Kindle for your commute will prevent mindless Twitter scrolling.
The CEOs of three popular tech companies have been subpoenaed by the Senate Judiciary Committee, which ordered the heads of Discord, Snap and X to testify at a hearing on protecting children online.
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.
