Steve Bannon's Date with Robert Mueller, Facebook's News Feed Makeover
The Hive co-host Kristen Scholer discusses the five biggest news stories in politics and tech. From Steve Bannon cooperating with Robert Mueller, to Facebook's new algorithm, we have it all covered on The Hive.
Steve Bannon has been summoned by Special Counsel Robert Mueller to answer questions relating to the Russia investigation...and he's planning to fully cooperate. What does this mean for President Trump and his son-in-law Jared Kushner? Gabe Sherman talks about Bannon's relationship with Donald Trump Jr. compared to his broken relationship with Kushner. T.A. Frank says Bannon will try to protect Donald Trump Jr. because he'll always be loyal to the cause of Trump, even if he's not loyal to the man himself.
And Mark Zuckerberg is making some big changes at Facebook. Bess Levin talks about the impact of switching the algorithm to show more content from friends and family, rather than publishers. She notes that Zuckerberg becoming a father for the second time may have softened him and caused his change of heart.
Plus, BlackRock CEO Larry Fink sent a stern warning to clients: do good deeds! The billionaire investor is strongly encouraging his clients to invest in charity. Bess Levin questions his tactics, saying she's not sure how much it will help.
Looking ahead to 2020, who could President Trump potentially run against? Vice President Mike Pence is said to be running a "shadow campaign" in the White House. Gabe Sherman says the Trump base is skeptical of Mike Pence, because they see him as a vehicle for the big business style of conservatism. However, Bess Levin says Jamie Dimon has come out with his description of a dream candidate...and that candidate sounds an awful lot like himself.
Michael S. Weinstein, chair of the white collar criminal defense practice at Cole Schotz, joined "Wake Up With Cheddar" to break down the defense's strategy to put Elizabeth Holmes on the stand in the former Theranos CEO's criminal fraud trial. "She's humanizing herself, and she's certainly coming off as they would want her to," he said. "I think what really is going to be interesting and really where the rubber meets the road is when the cross-examination commences, and they're able to pick apart her story and contrast what she's currently saying to what she previously said on multiple occasions in the last five to seven years."
Jill and Carlo are a bit delayed today on account of Carlo's internet not working. Better late than never, they discuss what we know about the suspect in the Christmas parade crash, closing arguments in the Arbery killing trial, and more.
A group of crypto enthusiasts pooled over $40 million dollars in an attempt to win a copy of the U.S. Constitution last week. However, their efforts came up short, as hedge fund billionaire Ken Griffin emerged as the victor in a $43.2 million Sotheby's auction. Matt Cutler, CEO & Co-Founder of Blocknative, joins Cheddar News' Closing Bell, where he explains why ConstitutionDAO ultimately came up short.
Gparency, a company that says its mission is to revolutionize the commercial mortgage industry, raised $15 million in its first funding round - representing the largest ever seed round in the commercial real estate space. Gparency's service will allow landlords and real estate developers to receive funding directly from banks, without the need for a mortgage broker. The company says its new approach will give power back to the consumer. Gparency founder and CEO Ira Zlotowitz joins Cheddar News' Closing Bell to discuss.
Rapper and singer T-Pain is teaming up with Google this holiday season to encourage shoppers to support Black-owned businesses on Black Friday. Stephanie Horton, the director of marketing for Google Shopping, joined Cheddar to provide some details about T-Pain's new song, featuring Normani, in a new shoppable interactive film for the promotion. She also explained how Google worked with local artists in various states to create shoppable murals, where products seen in the artwork are discoverable online by simply pointing your camera at it.
Per a request from the UK singing sensation Adele after her new album "30" dropped on Friday, Spotify removed shuffle play as the default for albums. Adele tweeted about her request to the streaming service, arguing that an album's track sequence is intentional and that the songs should be listened to in that order.
