SoundCloud CEO Kerry Trainor joins Cheddar to discuss the launch of a new home experience to help users create personalized playlists. He talks about how this feature will help shape the vision of the company and what the future looks like for the music streaming company.
Trainor took over as CEO in August, after the company raised $170 million and went through significant layoffs. At one point SoundCloud was valued at $700 million, now it's down to around $150 million. Trainor talks about focusing on good content and developing a strong relationship with creators. He talks about creating different streams of revenue by investing in creator tools and options for monetization.
Plus, Trainor believes repealing net neutrality is the wrong move and would undermine what the internet was created to do: innovate without permission. He says it will reduce consumer choice and would be a big step back for America is it's repealed.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
Ford is recalling more than 355,000 of its pickup trucks across the U.S. because of an instrument panel display failure that’s resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.
