Emily Chang, Host of "Bloomberg Technology" and Author of "Brotopia: Breaking Up the Boys' Club of Silicon Valley" joins The Hive to discuss the dark secrets of Silicon Valley.
Chang talks about the rising trend of polyamorous relationships and sex parties in the Valley. She talked to over three dozen people who are involved in this scene and found that women reported more double standards than men. She explains these parties are more about the power struggle than the sex, with a power dynamic that is lopsided.
She says that a lot has to be done, culturally, to change the way women are seen in the tech sector. The pay gap in Silicon Valley is 5 times the national average...which Chang says isn't publicized enough.
However, after years of reporting on Silicon Valley culture Chang is still surprised over one thing: in the 40s and 50s women played vital roles in the computer programming sector. She says in the 60s and 70s companies were desperate for talent and two psychologists said that good computer programmers "didn't like people." Well, if you're hiring someone based off that, Chang says you're most likely going to only hire men. Thus, the stereotype of the white nerd was born.
For the full interview, [click here](https://cheddar.com/videos/inside-silicon-valleys-brotopia-culture).
Tesla reported record profits for an electric fourth quarter, but investors still have plenty of questions. The EV giant will not be releasing any new vehicles this year and provided no updates on its Cybertruck. Cheddar News was joined by Ed Butowsky, Chapwood Investments Managing Partner to go over Tesla's quarter and analyze its concerns going forward.
Julius De Kempenaer, Senior Technical Analyst at Stockcharts.com, joined Cheddar News to break down what led to Apple's massive quarter, and what the future may hold for the tech giant as competition with Microsoft ramps up.
NFT art platform TRLab recently raised $4.2 million in funding. TRLab launched just last year but says its platform focused on NFT curation and distribution is growing quickly. The company hopes to bridge traditional and digital art worlds and help artists explore NFTs as an emerging medium. TRLab co-founder and chairwoman Xin Li-Cohen and co-founder and CEO Audrey Ou joined Cheddar News' Closing Bell to discuss.
Chris Vecchio, senior analyst at DailyFX, joins Cheddar News to discuss what investors should watch as the three major indexes see wild swings all week.
