MERGE VR is a toy-focused company that is producing products to help kids get excited about virtual reality and augmented reality toys. Their Merge Cube is a new toy on the market that enables kids to turn a black cube into multiple objects.
Andrew Trickett is the co-founder of Merge VR. Trickett joins Cheddar to explain why it was essential to make Merge Cube compatible with all phones. Merge VR wants any kid to be able to use the technology.
Merge VR will be releasing more tech and products at the upcoming CES. In 2017, the Merge Cube was named "Most Unique Product" at CES.
Ride share competitors Uber and Lyft both posted their fourth quarter earnings days apart from each other. Both companies have been trying to get back on their feet after taking some pandemic-related hits, but the Omicron variant had other ideas as the year came to a close, with each company taking a hit in ridership in December. Lance Ippolito, head trader at The Future of Wealth explains how Uber and Lyft measured up this earnings period and why Uber may still have an edge over the competition.
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.
