Michael Markesbery, Co-founder and CEO of OROS, discusses his company's plan to disrupt the outerwear market through its use of aerogel technology, typically used by NASA for its spacesuits. Markesbery talks how OROS separates itself from high-end competitors like Canada Goose.
OROS jackets use what the company calls SolarCore technology. That's made of the same aerogel used in spacesuits for warmth. Markesberry says that what separates the jackets from Canada Goose and other goose down coats is their thinness.
Snap downgraded its earnings and revenue expectations for the second quarter, saying the "macroeconomic environment" has deteriorated faster than the company anticipated. The warning sent shockwaves through the digital ad industry, dragging down a handful of other tech stocks, including Pinterest, Meta, and Twitter. Daniel Cobb, CEO and Chief Strategy Officer of Daniel Brian Advertising, joined Cheddar to discuss the reason behind this warning, and why it's bringing so many social media stocks down.
One month after its launch, new streaming venture CNN+ announced it was shutting down. Seth Schachner, the managing director of StratAmericas and digital business executive, joined Cheddar News to talk about the high-profile media flop. "That's a really, really different beast than what HBO Max is, which is video streaming, entertainment features," he said. “It's a tough sell when you really look at these things in the cold light of day as to whether or not they actually fit together."
