Shira Lazar Talks Troubles Facing Popular App HQ Trivia
HQ Trivia has become one of the most popular gaming apps seemingly overnight, with 680,000 tuning into Sunday night's livestream for a chance to win money. Shira Lazar of "What's Trending" sits down with Alyssa Julya Smith in Los Angeles to analyze some of the recent troubles with the app's founders.
At least three prominent investors reportedly have decided against funding the startup after finding troubling conduct on the part of the founders. The investors sited concern with how HQ's founder Colin Kroll managed people during his time at Twitter.
Lazar says that a lack of direction for long-term success is another reason investor are hesitant to help the company raise the $100 million they need to bring the app to the next level. She also touches on the future of livestreaming and how the short 10-minute live game times are changing the way people consume live content on their mobile phones.
Stocks were generally flat after the opening bell on Friday ahead of Federal Reserve Chair Jerome Powell's comments in a speech at Spelman College later. Investors are growing optimistic that the central bank is done raising rates and may start cutting next year.
The network of nearly 4,800 fake accounts was attempting to build an audience when it was identified and eliminated by the tech company, which owns Facebook and Instagram.
Someone in China created thousands of fake social media accounts designed to appear to be from Americans and used them to spread polarizing political content in an apparent effort to divide the U.S. ahead of next year's elections, Meta said Thursday.
