HP is expanding is Device as a Service Offering to include Apple. Cheddar's Brad Smith speaks with HP's General Manager and Worldwide Head of Emerging Compute Solutions Michael Park about what this means for the company. "When you take the market leadership that Apple has for tablets and smartphones, combined with the leadership HP has for PCs along with commercial go to market services and support that we are known for it makes for a logical combination," says Park.
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DoorDash to Acquire Food Delivery Company Wolt
Food delivery giant DoorDash is acquiring European food delivery company Wolt. The all-stock deal is valued at $8.1 billion and is expected to close in the first half of 2022. The companies say they share a mission to build a global delivery platform. Gerber Kawasaki investment advisor Eva Agi joins Cheddar News' Closing Bell to discuss what the deal means for Doordash, as well as its customers and investors.

Identity Verification Startup Socure Raises $450 Million
Identity verification startup Socure recently raised $450 million dollars in a series E round, bringing the company's valuation to $4.5 billion. Socure says it is now the highest-valued private company in the identity verification space, and that the funds will be used to accelerate its mission to verify 100% of good identities and eliminate identity fraud across all industries. Socure Founder and CEO Johnny Ayers joins Cheddar News' Closing Bell to discuss.

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need2know-afternoon-edition-111021

Airbnb Sees Big Growth in Bookings for Long-Term Stays
With more companies offering employees flexibility in work schedules, Airbnb is looking to accommodate flexible travel plans. Chief Strategy Officer Nathan Blecharczyk joined Cheddar to discuss the growing trend of people staying in Airbnbs for longer periods of time. "In December over the holidays, in North America, we are seeing a 68 percent increase in the demand for month-long stays relative to years past," he said.

Coinbase Sees Poor Third Quarter While Cryptocurrencies Hit Record Highs
Coinbase reported third quarter earnings yesterday and revenue did not at all meet estimates, with the company saying that it also saw a staggering decrease of about 1.4 million customers in comparison to the previous quarter. This comes in the same week where bitcoin and ethereum, two of its most important digital assets hit record highs. Martin Gaspar, research analyst at CrossTower explains how a soft crypto trading quarter contributed to the less-than-ideal revenue outcome.

EV Maker Rivian Goes Public with Valuation Rivaling Ford's
John Jannarone, Editor-In-Chief at IPOedge.com, joined Wake Up With Cheddar to discuss Riivian ahead of its public debut on the Nasdaq, as investors gear up for the biggest IPO for a U.S. company since Facebook.

Iran Seizes 227 Bitcoin Mining Rigs as Nation Cracks Down on Crypto Craze
Iran is continuing to crack down on illicit bitcoin mining in the Islamic Republic after 227 mining rigs were seized. Businesses looking to run legal bitcoin mining operations have had to seek approval since 2019.

DoorDash to Acquire International Food Delivery Company Wolt for $8.1 Billion
DoorDash is set to acquire European-based food delivery company Wolt in an $8.1 billion deal. Ann Berry, chief investment officer at media platform Wheelhouse, joined Cheddar to discuss how this positions DoorDash in the prepared food and potentially the grocery delivery space. "I do think that what DoorDash is trying to be thoughtful about now is how to take that there's been a shift in consumer behavior in terms of mobile ordering and delivery and try and apply it to other categories," she said, also pointing to its partnership with beauty supply company Ulta.

Biden Administration Cracks Down on Cybersecurity
The Biden Administration has issued a new order aimed at all federal agencies which would order them to patch hundreds of cybersecurity vulnerabilities. Chief Evangelist at Intrusion Gary Davis and Chief Security Advisor at SentinelOne Morgan Wright, joined Cheddar to discuss more.
