Michael Simon, staff writer for PCWorld, discusses President Obama's comments in an interview with Prince Harry where he warned against the misuse of social media, hinting at leaders that use platforms to divide and spread misinformation.
Simon discusses how news outlets play to their specific partisan audiences, MSNBC to its liberal viewers and Fox to conservatives. Simon predicts that the shift will be to more opinion-based news as opposed to fact-based sources. And in this age of targeted advertising, that is what works
Meanwhile, Vladimir Putin is putting new laws in place that will oversee use of the internet in his country. The Russian president has acknowledged that he will be monitoring the activity of certain companies more closely as they head into the upcoming Russian election.
Online tickets marketplace Vivid Seats CEO Stan Chia joined Cheddar’s "Opening Bell" to discuss the decision behind launching an IPO via a SPAC merger with Horizon Acquisition Corporation. According to Chia, it was the best route for the company as it looked to partner with a proven track record to strategize for the future. He also noted that pent-up demand for live events is as high as it's been in five years due to the pandemic. Shares are listed on the Nasdaq under the symbol SEAT.
Apple is expected to unveil a redesigned MacBook Pro, Mac Mini and the long-awaited AirPods 3 at its "Unleashed" event. We are also anticipating more information on Apple's own chip, as the chip shortage continues to ravage the tech industry. John Biggs, a writer and editor, gives a preview of the event and what we can expect from the new and improved devices.
Toyota is pledging to invest $3.4 billion into developing hybrid car batteries in the United States through 2030. The Japanese carmaker plans to establish a U.S. factory by 2025 and expects to create 1,750 jobs.
