The FCC Chairman is being investigated for potential collusion. Last year, Ajit Pai changed the law which dictates how many stations a TV broadcaster can own. This paved the way for Sinclair Broadcasting's purchase of Tribune Media for $3.9 billion. Now, investigators are looking into whether Pai improperly colluded with Sinclair to change these rules.
Snap CEO Evan Spiegel is defending the controversial app redesign after growing backlash. At a conference, Spiegel said the widespread criticism validates Snapchat's mission. The update rolled out globally a few days ago and has faced sharp backlash from teens and even celebrity influencers like Chrissy Teigen. The new Snapchat separates friends and family from celebrities and media. A petition to revert back to the old version has already picked up 1 million signatures.
The much-anticipated Marvel film "Black Panther" hits theaters Friday. Sean O'Connell, managing editor of CinemaBlend, says the film could rake in up to $170 million on opening weekend. On Thursday evening alone, the movie generated $25 million. O'Connell also talks about the significance of this film for people of color in Hollywood. The cast of the film is almost entirely made up of black actors. O'Connell says this is just the beginning of the movie industry becoming more diverse.
Skip Kodak, SVP of LEGO Americas Group, joins Cheddar to discuss the 60th anniversary of the company. To celebrate the occasion, a 10-foot-tall LEGO structure is on display in New York City. Kodak talks about the challenges the company is facing to stay competitive in a tech-centric world. He also weighs in on LEGO's efforts to break into the Chinese market.
The Q-Collar helps protect athletes from impact-related concussions. Now, the U.S. Army is evaluating if the device could help reduce traumatic brain injury cased by blast weapons.
Co-founder and executive chairman of the board at Vaxxinity Lou Reese shares how the company is working to bring vaccines for chronic illnesses like heart disease and Parkinson’s to market with an eye for accessibility.
Mario Veneroso, Kingsview Asset Management Partner, weighs in on the latest economic data and whether the market is pricing in too many rate cuts for the coming year.
Apple has rolled out an update to its operating system this week with a feature called Stolen Device Protection. It makes it a lot harder for phone thieves to access key functions and settings, and users are being urged to turn it on immediately.
The U.S. economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and frustrating price levels.
Alan Becker, CEO and Investment Adviser Representative at Retirement Solutions Group and RSG Investments, shares his thoughts on the latest GDP data plus why he's not sold cryptocurrency as a long-term asset.