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.
Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re still negative cash flow, due to (about a) 50% drop in advertising revenue plus heavy debt load.”
A First Amendment group sued Texas Governor Greg Abbott and others on Thursday over the state’s TikTok ban on official devices, arguing the prohibition – which extends to public universities – is unconstitutional and impedes academic freedom.
We've all heard the phrase time equals money. Well, Shopify has rolled out a meeting cost calculator in efforts to encourage people to empty their calendars of those unnecessary meetings.
ChatGPT-maker OpenAI and The Associated Press said Thursday that they've made a deal for the artificial intelligence company to license AP's archive of news stories.
Alexander Mashinsky, the former CEO of the failed cryptocurrency lending platform Celsius Network, has been arrested on federal fraud charges, including wire fraud, according to CNBC.
Threads could bring in $8 billion in annual revenue, according to analysis, after it reached about 100 million users days after its launch. Cheddar News explains.
Celebrities, lawmakers, brands and everyday social media users are flocking to Meta's freshly minted app Threads to connect with their followers, including many Twitter refugees tired of the drama surrounding Elon Musk’s raucous oversight of that platform.
