Vero is the hottest new social network in the app store. It claimed the number one spot this week and has been downloaded more than one million times. Taylor Lorenz, Tech Culture Reporter at The Daily Beast was with us to discuss why it has become so popular.
Vero surpassed 1 million downloads, but a handful of users are already calling for others to abandon the app due to the controversial past of its Founder and CEO, Ayman Hariri. Hariri served as deputy CEO and Vice Chairman of his family's construction company, Saudi Oger. During his time there, over 31,000 complaints of non-payment for wages were filed against the company. However, there have been no accusations against Vero.
Vero's success could suggest user frustration with Facebook and Instagram as users search for a social media platform without a flood of ads or algorithm-driven content. Vero planned to monetize through a subscription model, but lack of transparency and details have caused users to become skeptical.
Ken Shepard, Head of Specialty Asset Management at Bank of America, discusses the importance of real assets and unpacks the bank's specialty asset outlook.
Cardinal Health's Debbie Weitzman explains how the company's Advanced Therapy Solutions Innovation Center aims to improve access to specialty medicines. Watch!
Mark Spoonauer, Global Editor-In-Chief at Tom's Guide, discusses the craze behind the latest Nintendo Switch 2 and why it already flying off shelves. Watch!
Bob Lang, Chief Options Strategist at Explosive Options, joins J.D. Durkin on the floor of the NYSE for a look at how traders are approaching the markets.
Seth Schachner, Managing Director at Strat Americas, talks Disney's taking control of Hulu, Warner Bros. and Discovery's split and how if affects the viewers.