Event space rental company Peerspace recently hired a new CEO to lead the company into 2018. Peerspace's Founder and Chief Product Officer Rony Chammas, and new CEO Eric Shoup join to explain how this start-up compares to Airbnb.
"It's a similar model to Airbnb, but the difference is that we specialize in daytime activities such as meetings, events, and even film and photography productions, " says Chammas.
Shoup explains that Peerspace is reinventing the traditional meeting space. "It's bringing to light a whole breadth of spaces to choose from."
Parallel Systems has been selected to receive $4.5 million from the Department of Energy for an advanced testing program of its autonomous, battery-electric rail vehicles. The startup, which has raised more than $53 million to date, was founded by former SpaceX engineers to reimagine the rail system by creating a more efficient, decarbonized freight network. Matt Soule, Co-founder & CEO of Parallel Systems, joined Cheddar's Opening Bell to discuss what the company hopes to achieve.
A bipartisan bill introduced by U.S. Senators Amy Klobuchar (D-MN) and Cynthia Lummis (R-WY) aims to tackle the spread of misinformation on social media platforms, as well as the addictive nature of the sites and negative mental health impacts they have on users. The 'Nudge Act' would require studies to find and compile potential interventions that platforms could use to encourage people to think before they share a post, or log off after spending too much time on an app. The FTC would create rules based on these findings, and hold the platforms accountable. But will it work? Jesse Lehrich, co-founder of Accountable Tech, joins Closing Bell to discuss the bill, whether real results and regulations could come from it, and more.
