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.
CEO and founder of Pinstripes Dale Schwartz shares his thoughts on taking the company public, why they're set for growth this year, and why he's not concerned about inflation weighing on the restaurant sector.
With hype continuing to build for A.I. projects, expert insight on what companies seem poised to benefit, plus how it will impact the lives of everyday consumers.
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
Despite concerns about shipping delays in the Red Sea, RSM Chief Economist Joe Brusuelas says there are still reasons to be optimistic about the state of the U.S. economy.
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.
Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go.
