Senator Gary Peters (D-MI) spoke with Cheddar about sexual assault allegations against his Democratic colleague Senator Al Franken. He said he supports and investigation by the Ethics Committee into the incident.
Moments after the House Republicans passed its version of a tax reform bill, the Michigan Senator gave us his thoughts on the plan. He worries about the debt younger generations will inherit if the House or Senate versions of the bill make it to President Trump's desk.
Senator Peters also believes the autonomous vehicles will cause a technology revolution, similar to the assembly line. He is working on legislation to advance testing and development of self-driving car.
The stock was down more than 20 percent after hours after the company reported monthly active users of 2.23 billion in the second quarter, below Wall Street estimates for 2.25 billion. Revenues also fell short of expectations in the first report to cover a full quarter since the Cambridge Analytica scandal broke.
The social media platform has received a lot of criticism recently for how it handles fake news, particularly when it comes to conspiracy theorist Alex Jones. But censoring content would be a much worse strategy, said Axios reporter Sara Fischer.
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 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.
Pinterest has lost both its SVP of Engineering and SVP of People, the company confirmed to Cheddar. The departures come as $12 billion Pinterest is reportedly prepping to go public in 2019.
The San Francisco-based fintech firm's Series B funding round is led by Kleiner Perkins. Tally lets users link their various credit cards and pays them off on their behalf.
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.
The Tesla exodus continues, with the departure of a top sales Exec just adding to the string of departures from the company. Mark Spiegel, Managing Member at investment firm Stanphyl Capital, explains why investors should avoid the stock as Telsa faces another executive's departure.
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.
Spotify is set to report earnings on Thursday, and Rich Greenfield, Media and Tech Analyst at BTIG, tells Cheddar that now is the time to invest in the music-streaming service.
