The L.A. Auto Show is about to kick off and will put the latest car technologies front and center. Cheddar got an early look at Lincoln's brand new 2019 Lincoln Nautilus. Our own Alyssa Julya Smith was with Robert Parker, Director of Sales and Marketing for the Lincoln Motor Company, to chat about some of the innovation behind the new SUV.
Parker says SUVs are one of the hottest segments. He gives us a first-hand look at some of the new features. The car has wireless charging, and says goodbye to the traditional gear stick.
The Lincoln director also fills us in on the technologies that add an extra layer of safety, such as lane centering. The radar-based cruise control will monitor where you are on the highway, and pre-condition the brakes if it senses the driver is getting off-track. The car even has a feature called evasive steering, which pre-conditions steering away from danger if the driver does not take control.
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.
