People show off their support for causes in a number of ways. Some post Facebook statuses, others attend events, and there might be a few people in your office who canvas the front of their laptop with stickers. Now, if you're a fan of buttons, you can invest in a digital upgrade that allows you to personalize your button each and every day.
Andrew Zenoff is the CEO and founder of Beam Authentic, a digital button company. Zenoff joins Cheddar to show off the new tech. Zenoff is not fearful of others in the wearable tech space because he bills his product as inherently different from Fitbit and even Apple watch.
The Beam Authentic button is completely digital. You can change the display as much as you want. Users can decide to wear pre-created images or design their own. Businesses can also take advantage of the button and do Beam Authentic button campaigns were consumers at an event can all sport the same design.
Parallel Systems has been selected to receive $4.5 million from the Department of Energy for an advanced testing program of its autonomous, battery-electric rail vehicles. The startup, which has raised more than $53 million to date, was founded by former SpaceX engineers to reimagine the rail system by creating a more efficient, decarbonized freight network. Matt Soule, Co-founder & CEO of Parallel Systems, joined Cheddar's Opening Bell to discuss what the company hopes to achieve.
A bipartisan bill introduced by U.S. Senators Amy Klobuchar (D-MN) and Cynthia Lummis (R-WY) aims to tackle the spread of misinformation on social media platforms, as well as the addictive nature of the sites and negative mental health impacts they have on users. The 'Nudge Act' would require studies to find and compile potential interventions that platforms could use to encourage people to think before they share a post, or log off after spending too much time on an app. The FTC would create rules based on these findings, and hold the platforms accountable. But will it work? Jesse Lehrich, co-founder of Accountable Tech, joins Closing Bell to discuss the bill, whether real results and regulations could come from it, and more.
A.I.-based entertainment company, Deedub, recently raised
$20 million in a Series A round, led by Insight Partners. Deepdub uses A.I. technology to automate the dubbing process for foreign-language movies or TV shows, while using actors' original voices. The company says it can take just two to three minutes of data from an actor's voice and transform the voice into a different language. The funding comes as foreign-language films and shows like Netflix's 'Squid Game' have recently become more popular with audiences in the U.S. and around the world. Oz Krakowski, Chief Revenue Officer at Deepdub, joins Cheddar News' Closing Bell to discuss.
