ESPN has a new president, following the abrupt resignation of its former president in December. Disney appointed James Pitaro as the new head of ESPN. Previously, he was Disney's consumer products and digital chief. Pitaro will have his work cut out for him. Next month, ESPN will launch its new streaming service. The network is also facing declining viewership.
The popular trivia app HQ has received an additional $15 million in funding. Axios reported the new funding on Tuesday, noting that the company's total valuation is now estimated at $100 million. HQ has been very successful in drawing in younger audiences. On Sunday night, 2.1 million users tuned in for the game show.
In other funding news, the insurance app Lemonade recently secured $120 million in Series C funding. Daniel Schreiber, CEO and co-founder of Lemonade, tells Cheddar he plans to use this new money to expand the app globally. Schreiber says Lemonade is trying to reinvent insurance. Lemonade wants to make customers happy, not make money by denying claims.
And we're joined by iconic travel writer Rick Steves to hear about his new book, "Travel as a Political Act." Steves says it's more important than ever for people to travel in today's world. He says some events in the last few years, such as Brexit and the election of Donald Trump, have made people anxious to travel. But Steves encourages everyone to branch out and travel somewhere new, especially in light of current global politics.
JP Richardson, CEO at Exodus, discusses bringing Exodus public, his thoughts on the future of crypto markets, and tips to take the first steps into the space.
Jonathan Alter, journalist and author, discusses Trump's threats to take back the Panama Canal, unraveling foreign policy work done by Jimmy Carter in 1978.
Curious as to what your latest streaming bundle will look like? Find out what the future of media looks like from Ken Leon, Research Director, at CFRA. Watch!
Nathan Bomey, Reporter at Axios, discusses where Tesla stands, Musk's relationship with the incoming president and expectations for Tesla throughout 2025.
Senior Writer at Fast Company, Elizabeth Segran, discusses how Sephora has become the dominant beauty retailer and why brands want to sell there. Watch!
Matt Calkins, CEO of Appian, breaks down the recent bipartisan report on AI safety and shares thoughts on future privacy enhancements needed in the space.