With the help of Amazon's Alexa, Smart Kitchen appliances are getting smarter. Amazon announced expanded abilities for its voice assistant to control kitchen appliances and made an investment in June. Matt Van Horn, Co-Founder & CEO of June, the maker of smart ovens, was with us to share how the investment will help the company.
Currently, you can ask Alexa June for an ETA of when food will be done cooking, says Van Horn. With the expanded capabilities through Amazon, users soon won’t have to address June specifically. He explains how the engineering team always has to think about the different use cases and possible voice commands. When they first built the oven, they thought a lot about voice. June considered putting a microphone inside, but ultimately decided not to, Van Horn said.
Van Horn breaks down the target audience June is going after. He says he sees a mix ranging from busy parents to millennials moving into new homes. He recognizes there is potential competition from big players in the space. Van Horn says he is starting to see some products that are taking a play out of June’s book. He says they have a head start, but stresses that June products get better the more you use them because of the software model.
Frances Stacy, Optimal Capital Director of Strategy, breaks down why the latest data indicates the economy may be struggling more than expected, plus some sectors she’s watching.
The Federal Trade Commission is suing to block a proposed merger between the two grocery stores. The FTC says the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans.
Terecircuits CEO Wayne Rickard explains some of the other companies set to benefit from the Nvidia-led chipmaking rally, including manufacturing and toolmaking companies.
Axios reporter Erin Doherty breaks down the results from the South Carolina primary as former President Trump gets closer to winning the GOP nomination.
Jay Woods of Freedom Capital Markets shares thoughts on how the latest inflation report will impact the market, and why he expects a ‘cascade’ of IPOs if Reddit’s public debut goes well.
During AT&T's widespread outage Thursday, landline phones were a working alternative — which most of the U.S. does not have. Over half of Americans are estimated to have ditched landlines altogether.