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 fell in the opening session Tuesday as earnings reports continued to pour in and as investors brace for the Federal Reserve's interest-rate decision on Wednesday.
A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials and even the sour sentiments that Americans themselves have expressed in opinion polls.
The U.S. Food and Drug Administration is warning parents and caregivers not to buy or serve certain pureed fruit pouches marketed to toddlers and young children because the food might contain dangerous levels of lead.