Jeff Tennery, CEO and Founder of freelancing platform Moonlighting, joins Cheddar to discuss the site's first initial coin offering coming next year. The cryptocurrency will be called "Moonbit" and the company hopes it will help millions of freelancers and entrepreneurs achieve their work-independence globally.
Tennery talks about entering the cryptocurrency space when the market is so volatile. He says Moonlighting is mainly using it for the benefit of international exchanges. Right now, people who do business on the site with someone overseas has to pay an exchange rate fee. He hopes using this system of "Moonbit" will eliminate that fee and allow freelancers to make more money.
Plus, he expects that major companies such as Apple and Amazon are quietly working on a system to pay designers and other employees in cryptocurrency. He says it could be a way companies use to pay salaries in the future.
The trial of a Fugees rapper, who was convicted this year in multimillion-dollar political conspiracies, stretched across the worlds of politics and entertainment — and now the case is touching on the tech world with arguments that his defense attorney bungled the case, in part, by using an artificial intelligence program to write his closing arguments.
Amazon will soon make prescription drugs fall from the sky when the e-commerce giant becomes the latest company to test drone deliveries for medications.
The new Pixel 8 smartphone released this week by Google includes an AI photo editing software that will allow users to change the expression of a person in pictures.
