The Battle Royale boom is taking over the gaming world. Rooster Teeth's Ashley Jenkins joins Cheddar to break down the massive success of "Fortnite" and "PlayerUnknown's Battlegrounds." The phenomenon led Take-Two Interactive's CEO to weigh in on whether "Grand Theft Auto" and "Red Dead Redemption 2" would ever take part in the trend.
Strauss Zelnick called the success of Battle Royale modes "really interesting" but said the company would steer clear of doing anything too derivative. "Fortnite" had its most successful day of gaming ever with 3.4 million concurrent users. The high activity caused the game's servers to crash.
Finally, fans got their first look at Tom Hardy's "Venom" movie. The "Spider-Man" spin-off will see the actor play the iconic villain. Jenkins says some audiences were disappointed to not see Hardy suit up as the character in the teaser.
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.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
Arturo Béjar testified before a Senate subcommittee on Tuesday about social media and the teen mental health crisis, hoping to shed light on how Meta executives, including Zuckerberg, knew about the harms Instagram was causing but chose not to make meaningful changes to address them.
Uber missed analysts' projections for earnings per share and revenue this past quarter. Cheddar News takes a closer look at the numbers and explains what to expect for the rest of the fiscal year.