*By Christian Smith*
The streaming service Philo is testing a suite of new features to make watching TV more interactive, said the company's chief executive, Andrew McCollum.
"We do believe that we can make TV a much more social experience, and that's going to be a big innovation we can bring to the product," McCollum said Wednesday in an interview with Cheddar. "It's something that really no one is doing right now, and it has never really been done before, and we want to get it right."
McCollum wouldn't give many details about the new features, or when they would be released publicly, but he said the company's employees were testing the new features on an employees-only version of the platform.
"We're thinking about how exactly we want to roll it out. We generally prefer to do things in smaller pieces so that we can kind of see how people are using it," McCollum said.
Philo already offers a "deep link" feature that allows its users to share links to specific parts of a video, and a simplified sign-in process that only requires your phone number. McCollum said it takes about 10 seconds.
He was one of dozens of TV, cable, telecom, and tech executives participating at The Pay TV Show this week in Denver, where participants were discussing innovations and strategies in television.
For the full interview, [click here](https://cheddar.com/videos/philo-plans-new-tech-innovations-for-streaming-service).
The virtual world of the metaverse continues to present a bright future for many artistic creators. A group of six mural artists from the Bay Area have decided to turn their painted and installed murals into a one-of-a-kind collectible. Thanks to NFTS these murals can be enhanced and extend far beyond just their physical walls. Muralist and Creative Director of the Bay Area mural program Rachel Wolfe Goldsmith, joined Cheddar to discuss more.
New York City ride-hailing app drivers are about to get a pay raise. According to the city's Mayor Eric Adams, New York will increase its minimum driver pay rate for both Uber and Lyft drivers. This means both platforms would now be required to pay their drivers a minimum of $1.61 cents per mile and about 0.50 cents per minute. Ultimately, the move would give riders at least a 5.3% race. New York City Comptroller Brad Lander, joined Cheddar to discuss more.
A Senate bill unveiled on Wednesday looks to tackleonline safety for children by regulating Big Tech and social media platforms to deter users from content that can harm their mental health. Irene Ly, a policy counsel for the age-based ratings and review organization Common Sense Media, joined Cheddar News to break down the potential of the Kids Online Safety Act. "We can't be imposing such a big burden on parents to be doing it all on theirselves," Ly said. "I think you also have to keep in mind that parents often didn't grow up with social media, so they don't understand what it's like to be addicted to social media or really understand how they work."
While many still remain skeptical about the metaverse, big tech firms and even one big bank are ready to expand their virtual worlds. Facebook parent company has pivoted so hard it will now call its employees 'Metamates,' and even JPMorgan Chase has created its own digital lounge on one virtual platform. While the sector remains young, there seems to be significant investment opportunity, especially with companies like Nvidia. Adam Johnson, a portfolio strategist at Adviser Investments, joins Closing Bell to discuss which companies could win in this space, consumer appetite, and more.
Marc Blinder, Co-Founder and CEO of Aikon, joins Cheddar News' Closing Bell, where he discusses how his company is helping businesses use blockchain applications without needing to learn the intricacies of the new technology.
Senators Richard Blumenthal (D-Conn.) and Marsha Blackburn (R-Tenn.) have introduced a new bill to afford greater protection to minors on social media. The genesis of the Kids Online Safety Act came from a Facebook whistleblower case exposing the harm apps can have on the mental health of young girls.
