Cheddar speaks with two Congresswomen about what, if anything, will move the needle on gun reform after the Parkland school shooting. Rep. Debbie Wasserman Schultz (D-FL) says she's inspired to see so many young people speaking out about gun violence, but she's skeptical any meaningful legislation can pass under the current administration. Rep. Carolyn Maloney (D-NY) is also skeptical about the prospects of gun reform under the Trump administration, but she's doing what she can to make it happen. Immediately after the Parkland shooting, Maloney introduced a bill in Congress that would make it harder for people with mental health issues to buy guns. Maloney says the gun laws we have in place now are "so lax and so stupid."
In tech news, Apple is reportedly working on new AirPods. The new features will include an updated chip, the ability to call for Siri without touching the earphones, and improved Bluetooth connectivity. The new model is expected out later this year. And Apple is working on another AirPod update for the following year. Those AirPods will allegedly be water resistant.
Twitter alienated conservatives by accidentally freezing their accounts. On Tuesday night, the social media company quietly locked thousands of accounts in an attempt to purge suspected bots from operating on the platform. In the process, Twitter locked accounts of right-wing commentators like Richard Spencer. Angry conservatives began calling the incident "Twitter Lockout." The company defended its actions, saying "we enforce our rules without political bias."
Plus, we're joined by Olympic luger Chris Mazdzer who recently became the first American to medal in the men's singles luge event. He tells Cheddar about what was going through his head as he won the medal at the Winter Olympics. He says he is grateful to all the athletes who came before him in luging and helped paved the way for his success. After his Olympic career is over, Mazdzer says he wants to pursue a career in financial planning. This inspiration stems from seeing how much money his friends and family spent on making their Olympic dreams come true.
The electric vehicle maker filed a proposal for a three-for-one stock split, increasing the accessibility of shares for investors for a stock trading at around $700 a share. The move comes not long after tech giant Amazon announced a 20-for-one split. The number of authorized shares rises from two billion to six billion. It was also revealed that board member Larry Ellison does not intend to stand for reelection as it pertains to Tesla.
President Biden proposed a new rule that would add 500,000 chargers for electric vehicles nationwide. The proposal comes amid the rapid shift to EVs with dozens of automakers announcing plans for all-electric fleets within the next decade. But with the new surge will the U.S. have the proper infrastructure to keep up? Scott Painter, founder and CEO of Autonomy.com joined Cheddar's Opening Bell to discuss. "I really think the idea of standardization is a big deal. Standardization certainly makes it much better for everybody to be able to get a charge when they need one," he said.
API platform RapidAPI recently became a unicorn with a $1 billion valuation after raising $150 million in a Series D funding round led by Softbank Vision Two Fund. Microsoft's Venture Fund, M12, and Andreessen Horowitz also participated. RapidAPI says it provides the world's largest API hub which enables millions of developers and companies to build software faster. Iddo Gino, founder and CEO of RapidAPI, joins Cheddar News' Closing Bell to discuss.
Facebook parent Meta officially has changed it’s ticker symbol from ‘FB’ to ‘META’. Paul Meeks, a portfolio manager, Independent Solutions Wealth Management, and a professor of practice in the Baker School of Business at The Citadel, joined Cheddar News to discuss why the tech giant has had to make big changes to its name, its ticker, and its business plans. "When you see what's happening in digital advertising — and there was a slowdown there even before the threat of a recession, which could cause a even more drastic slowdown next year — they had to pivot," he said. Meeks noted he sees Facebook dominating in the metaverse space going forward — whatever that may end up being.
