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Reddit Co-Founder Alexis Ohanian Bets on Crypto Infrastructure
The venture capitalist and husband of Serena Williams was one of the first investors in Coinbase. He told Cheddar he's staying away from the more speculative ICOs and instead investing in the "picks and shovels" that provide fundamental support for the long-term viability of cryptocurrencies.
AT&T Looks to Expand 5G Reach, Though Concerns Remain
AT&T announced this week it will bring 5G capabilities to Charlotte and Raleigh, North Carolina and Oklahoma City by the end of 2018. Melissa Arnoldi, President of Technology and Operations at AT&T, says building in these locations may help close the rural-urban digital divide.
YouTube Is Paying Up For Top Talent to Compete With Instagram
Mike Shields, Advertising Editor at Business Insider, predicts there will be a battle royale among original-content streaming platforms like YouTube TV, Twitch, Facebook Watch, and Instagram's IGTV. YouTube's strategy, Shields tells Cheddar, is to attract new talent with 6-figure payments.
Is Spotify a Must Buy Stock?
Rich Greenfield, media and tech analyst at BTIG, discusses why there's no better time than right now to get in on Spotify. The streaming music platform is set to announce earnings on Thursday.
Snap Spectacles Chief Leaves Company
Cheddar has learned that the company's VP of Hardware has left the company after disappointing sales of its Spectacles augmented reality glasses. The devices have lost Snap $40 million.
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