As part of Cheddar's partnership with WeWork, we are introducing our viewers to start-up founders disrupting industries. The three co-founders of photo-sharing platform Blurr Technologies, Sam Marley, Daniel Korman, and Daniel Arvidsson, join to discuss how they were inspired to launch their company in college.
The founders of Blurr Technologies were freshman-year roommates at Northeastern University, hailing from three different continents. They were also teammates on the varsity soccer team. Marley says they were inspired to launch this company after experiencing how difficult it was to get access to photos taken around them in college. So they launched a photo-based sharing app. Now, the company is shifting gears to offer a business-to-business solution for events.
Blurr Technologies creates a geo-fence around events, and every picture taken by anyone is added to the shared album through this platform. Korman says their technology goes beyond a shared hashtag, because the user experience is frictionless. The company has since raised $250,000 in funding, and is a member of the WeWork community.
Walmart, which became the nation’s largest retailer by making low prices a priority, has found itself in a place it’s rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.
Chris Beauchamp, Chief Market Analyst at IG International, joins J.D. Durkin to give analysis on the recent trade truce between the U.S. and China. Watch!
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American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.