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.
Wendy O, host of 'The O Show' joins Cheddar News to discuss the recent rally from cryptocurrency, Ether. She also discussed incoming New York City mayor Eric Adams wanting to teach kids crypto in schools.
Cryptocurrencies are getting off to a good week. Ethereum surged more than 4% in 24 hours on Monday, hitting a new all-time high above $4,700. Meanwhile, Bitcoin surged 7% to a price of $66,250. Haohan Xu, founder and CEO of Apifiny, joins Cheddar News with thoughts on the growing sector.
Payment processor Paypal will roll out a Venmo option for Amazon customers beginning in 2022 as the payment app continues to grow the number of merchants it works with.
Facebook officially announced that it is shutting down its facial recognition software which identifies users in photos and videos. The decision comes during growing societal concerns over the use of the technology. Cathy Hackl, Tech futurist and CEO of the Futures Intelligence Group joined Cheddar's Opening Bell.
Virgin Orbit is introducing air-launch services to the Eastern Hemisphere for the first time in history. Sir Richard Branson's space launch company has signed an agreement with ANA Holdings, the owners of Japan's largest airline, to procure 20 flights of its LauncherOne rocket from an airport in Japan, a big boost for the aerospace industry in Asia. Dan Hart, CEO of Virgin Orbit, joined Cheddar to discuss the new partnership, the future of air launch, and how small satellites can help monitor climate change impacts.
Virgin Galactic is reporting an increase in demand for commercial space flights after seeing a boost in ticket sales, raising the price for a seat on a shuttle to $450,000. The company said they now have 700 customers.
Walmart has joined forces with robotruck start-up Gatik to deploy driverless grocery delivery. We spoke to the CEO and co-founder of Gatik to discuss how the technology works and how autonomous vehicles will help ease supply chain issues.
