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 Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Jeff Benedict, author of 'The Dynasty,' weighs in on the Kansas City Chiefs being the next big dynasty, who he thinks will win Super Bowl LIX and more. Watch!
Susan Bourgeois, Louisiana Economic Development Secretary, talks preparations for Super Bowl LIX, plus Meta’s $10B data center coming soon to North Louisiana.
