Snap Inc. has a message for its employees: if you leak company information, you could go to jail. The chief lawyer and general counsel of Snapchat's parent company, Michael O'Sullivan, warned employees in a memo obtained by Cheddar of the consequences for leaking. A Snap spokesperson declined to comment on the memo.
Amazon announces it will increase prices on monthly Prime memberships by 20%. Monthly subscribers who used to pay $10.99 a month will now pay $12.99 a month. No changes are expected for the annual Prime membership fees.
Facebook recently announced it will change the News Feed to favor posts from friends and family over posts from publishers. Lindsey Shepard, Director of Product Marketing for News Feed at Facebook, joins Cheddar to discuss these changes.
And the clock is ticking for Congress to extend funding and avoid a government shutdown. James Arkin, Congressional Reporter for RealClearPolitics, weighs in on what could happen, and who could be to blame.
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
Starbucks’ AI barista aims to speed service and improve experience. Nick Lichtenberg, Fortune Business Editor, explains its impact on workers and customers.
As Big Tech reports Q3 earnings, investors await proof that massive AI and cloud investments from Meta, Apple, Microsoft, and Alphabet are driving real growth.
Eric Trump joins us to discuss American Bitcoin’s mission, market strategy, and why he believes the U.S. must lead the next era of digital currency innovation.
Unreal Snacks CEO Kevin McCarthy shares how dye-free candy is leading the sweets revolution—just in time for what could be a record-breaking Halloween 2025.
