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.
Nissan Americas Chair Jeremie Papin spoke with Cheddar News and outlined the company's strategy, specifically its future in the electric vehicle market. "We foresee potentially 40% of our sales in 2030 being EVs," he said.
Restaurant inflation was up 8.8 percent from a year ago in March, according to the latest consumer price index, and customers say they're more carefully considering their culinary spending. Cheddar News correspondent Ashley Mastronardi visited Isabelle's Osteria in midtown Manhattan to ask patrons how the higher prices are impacting their wallets.
Longtime CNN host Don Lemon is out at the cable news network a little over two months after apologizing to viewers for on-air comments about Republican presidential candidate Nikki Haley, CNN announced Monday.
The SAG-AFTRA National Board over the weekend voted unanimously to express solidarity with the Writers Guild of America and its plans to go on strike amid ongoing negotiations with studios and streamers.