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.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.