Yesterday, Bloomberg released a report detailing multiple sexual harassment claims made against venture capitalist Shervin Pishevar. Pishevar was an early investor in Uber, and was accused of making unwanted advances towards work associates.
Sarah Lacy, CEO and editor of Pando Daily, joins Cheddar to break down the Bloomberg report and the news. Lacy says she wasn't surprised by the allegations because of her own personal experiences with Pishevar. She also noted that the venture capitalist was known in the industry for morally questionable behavior.
Lacy says she hopes there are repercussions for Pishevar's behavior. She categorized his actions as similar in severity to Hollywood gatekeeper Harvey Weinstein. Lacy feels he should be stripped of his power, and dismissed from his firm. She says Shervin Pishevar is another example of the ongoing issue of bro culture and sexual harassment in Silicon Valley.
While tech employees worry about artificial intelligence taking over their jobs, Microsoft says Iran, North Korea, and more U.S. adversaries are beginning to use AI in cyber spying.
The self-proclaimed "only Post who worked at Kellogg" was a military veteran who fought in World War II before inventing everyone’s favorite fruit-filled breakfast ravioli.
Kevin Gordon, Senior Investment Research Manager at Charles Schwab, shares his thoughts on how investors can take advantage of the current bull market while keeping in mind the impacts of Fed policy and inflation.
Lab-created diamonds come with sparkling claims: that they are ethically made by machines running on renewable energy. But many don't live up to these claims or don't respond to questions about their electricity sources, and lab diamonds require a lot of electricity.
Geoff Freeman, president and CEO of the U.S. Travel association, explains why other nations are outcompeting the U.S., and the innovations that would put American back on top.
Tony Drake, founder of Drake & Associates, breaks down the latest CPI report, why ‘inflation is still trending down,’ and why the Fed doesn’t want to cut rates too soon.