Spotify reportedly filed for an IPO, Roku launches a streaming service, and more. Dana Wollman, Executive Editor at Engadget, joins Cheddar to discuss the latest headlines in tech.
According to reports, Spotify will list directly at the NYSE. Wollman says this is proof that the company needs money badly. She also talks about the steep competition within the music streaming industry right now with Apple Music, Spotify, YouTube, and Google all getting in the game.
Plus, Roku plans to debut its new streaming service at the Consumer Electronics Show on January 9th. Now the streaming company won't be physically manufacturing a device like Amazon or Google does, but it will be licensing the software to other companies. Roku was up 6% on Wednesday after the news was announced.
Hollywood’s video game performers are going on strike, throwing part of the entertainment industry into another work stoppage.
Some of the smallest stocks on Wall Street have shown much more life recently. but professional investors still aren’t convinced.
Global shares have dropped as pessimism set in over Wall Street's nose-dive related to Big Tech's pullback.
Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine.
Warner Bros. Discovery informed the league Monday that it will match the $1.8 billion per year offer by Amazon Prime Video to air NBA games.
U.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify over the global tech outage.
U.S. stocks are ticking higher and clawing back some of the losses from their worst week since April. The S&P 500 ticked up 1.0% on Monday.
The Olympics’ ever-expanding quest to draw in young fans is meeting them where they are — on Roblox.
Amazon says it had its best Prime Day sales event ever this week with $14.2 billion spent online on Tuesday and Wednesday, up 11% compared to last year.
As image-generating AI continues to evolve, artists are increasingly fighting against what they see as an existential threat to their craft.
