The dockless bike sharing company is partnering with the department of transportation to launch a pilot program in a city that is plagued with bike theft. But Lime's focus on hiring locally and working with communities will help it survive Manhattan, says Caen Contee, vice president of marketing, business development, and expansion.
Business, tech and finance headlines exclusively for Hulu subscribers from Cheddar. Today's highlights include Amazon, bitcoin prices and net neutrality.
The basketball star, who has been DJing since the 80s, tells Cheddar that he initially decided to start spinning after attending a Public Enemy concert and meeting Chuck D and Terminator X. "I got enough money to go to the pawn shop, get some turntables and taught myself how to DJ." His "Summer of Shaq" tour began June 9 and runs through August 5.
Facebook is in talks to launch a 13-episode series about the Portuguese soccer star for its Facebook Watch platform. It's reported Ronaldo could make $10 million from the series but it's unclear if Facebook's investment in original content would turn into viewers, says Taylor Lorenz, a staff writer at The Atlantic.
Singapore's competition watchdog is proposing fines on Uber and Grab, saying the recent merger between the two companies stifles competition. The Competition and Consumer Commission, or CCCS, even suggested unwinding the deal between Uber and Grab. Last March, Uber sold its Southeast Asia business to ride-hailing rival, Grab.
Amazon is reportedly planning to roll out a holiday catalog later this year. The catalog would be mailed out to millions of U.S. households and would also be available to customers at Whole Foods locations across the country. The e-commerce giant is looking to attract holiday shoppers from Toys R Us after the toy chain shuttered all U.S. stores.
Business Insider reported that Tesla's CEO Elon Musk asked engineers to halt putting Model 3 vehicles through a standard brake and roll alignment test before leaving the factory floor.
The federal investigation into Facebook's Cambridge Analytica scandal is expanding. AT&T raising prices on DirecTV Now by $5 a month. Trump’s shortlist for replacing Justice Anthony Kennedy's seat on the Supreme Court.
After signing a $154 million contract with the L.A. Lakers, some are wondering if the basketball legend has some ulterior motives in moving to the West Coast. “I think he’s primarily going to become a dominant producing force and maybe becomes an Oprah-type person, who launches his own channel,” Sean O’Connell, managing editor at Cinemablend tells Cheddar.
A massive heat wave has engulfed the east coast of the United States and has even made its way far to the west. Andrew Freedman, science editor at Axios, discusses why the weather system is so intense, and what has temperatures rising so much.
"Scorpion," Drake's latest album features a whopping 25 songs on it. However, this doesn't defy expectations for the rapper's most loyal fans. "Essentially, Drake has done that every year," says Insanul Ahmed, executive editor at Genius.
