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.
Sarah Friar, Chief Financial Officer at the payment processing company, says omni-channel retail and the company's Cash App are major growth boosters.
The fallout from Facebook's latest data scandal continues to intensify. The Weinstein Co. officially files for bankruptcy protection after many attempts to sell the company failed. Josh Sternberg, tech editor for AdWeek, joins us to discusses how Uber moves forward after one of its driverless cars killed a pedestrian in Tempe, Arizona. And Bri Bauer from Dairy Queen brings ice cream cones to the trading floor to celebrate the company's National Cone Day. On the first day of spring, Dairy Queen gives customers free vanilla ice cream cones.
Slowing down test programs in "non-controlled environments" in these early stages of development will help regulation keep up, says Jason Levine, Executive Director of The Center for Auto Safety.
Damon Beres, executive editor at Mashable, talks about Cambridge Analytica's misuse of Facebook user information in the 2016 election. Beres discusses how the company may be on the brink of facing government regulation in the wake of this revelation as well as Russia's use of the platform in the 2016 election. We talk what this means for users and whether any users will limit or alter their use of the site. Beres explains both sides of the argument, but adds that he would not be surprised if users say "enough is enough."
The fallout from Facebook's latest data scandal continues to intensify. The Weinstein Co. officially files for bankruptcy protection after many attempts to sell the company failed.
"Content is king, and pipes are commodities." That, in a nutshell, is why the wireless giant wants to join forces with the content creator, explains Ben Gomes-Casseres, professor of International Business at Brandeis International Business School. The DoJ is seeking to block the merger, citing anti-trust issues, and the trial will kick off on Wednesday.
Snap Inc. has banned advertising of so-called initial coin offerings (ICOs) in the Snapchat app, the company told Cheddar on Monday. The move is the first time Snap has cracked down on cryptocurrency advertising.
People are already calling to pull back autonomous car testing, says Andrew Hawkins, transport reporter at The Verge. On Sunday, one of Uber's self-driving cars struck and killed a pedestrian in Arizona, prompting the company to suspend all testing of its self-driving cars.
Facebook is in hot water again after revelations that a data firm gained access to information from millions of users without their knowledge. Apple is reportedly developing its own display screens. Russian President Vladimir Putin was re-elected again by an overwhelming majority. Plus, Drew Barrymore and Timothy Olyphant talk about season two of their Netflix show, "Santa Clarita Diet."
Every big company gets hit with "issues around controls and compliance," says Gene Munster, Managing Partner at Loup Ventures. Facebook shares fell by over 7% in light of the Cambridge Analytica news.
