Infiniti Introduces All-New QX50 For Growing SUV Market
Infiniti is continuing to become a competitive force in the luxury car market with its all-new QX50. Alyssa Julya Smith caught up with Infiniti Vice President Randy Parker to learn about the new features, and what makes the QX50 so competitive.
Parker explains that the QX50, referred to as the automaker's "crown jewel," is designed with a VC-Turbo engine that has been in development for two decades. Parker also reveals that the crossover market is the fastest-growing because the economy is so strong.
Parker also talks about some of the features inside the car, and what the company is doing to compete in the luxury market. These include quilted leather, ProPilot assist--which basically acts as an autonomous driver--and wireless charging ports.
Instagram Chief Executive Adam Mosseri is set to testify before Congress for the first time. Mosseri’s appearance follows reports that showed Facebook and Instagram are aware of the harms their apps and services cause, including to teen mental health. Nicole Gill, co-founder and executive director of Accountable Tech joins Cheddar News to preview the hearing.
Steve Case, Revolution Ventures CEO, joined Cheddar to discuss progress venture capitalists have made over 2021 and where investors are looking beyond Silicon Valley. Other locations VC firms are exploring include Los Angeles, Philadelphia, and Chicago among others. "Historically there's been a brain drain in a lot of these cities, people leaving for opportunity elsewhere. Now, people are staying," he said of the emerging tech hubs. "There tends to be a collaborative effort in the community to really support startups to recognize the future of the community."
According to data from Dealogic, the Nasdaq is on track to beat the NYSE in IPOs this year, raising $191 billion so far, compared with the NYSE's $109 billion. Louis Cordone, senior president of Data Strategy at AST, discusses why 2021 was so successful for IPOs, and what differentiates the two exchanges.
