Cheddar hosts Kristen Scholer and Tim Stenovec break down the top headlines this Tuesday morning. From Bitcoin to Disney, Cheddar has you covered.
Fans of bitcoin, rejoice. The crypto-currency will soon have futures trading. The Chicago Board Options Exchange announcing on Monday that its planned bitcoin futures product will start trading on December 10th.
Plus, the live sports streaming wars are heating up once again. Facebook will reportedly spend "a few billion dollars" to acquire sports streaming rights.
And it seems like Disney is the frontrunner to buy 21st Century Fox's assets. According to Bloomberg, 21st Century Fox views Disney as a better fit, with fewer regulatory hurdles in the way of a deal. Disney, Comcast, Sony, and Verizon had all expressed interest to buy certain Fox properties.
Attorneys for Gov. Ron DeSantis are asking a federal judge on Tuesday to dismiss a free speech lawsuit filed by Disney after the Florida governor took over Walt Disney World's governing district in retaliation for the company opposing a state law that banned classroom lessons on sexual orientation and gender identity in early grades.
The Biden administration announced the first of many coming federal investments in computer chip production, saying Monday that it would provide $35 million for BAE Systems to increase production at a New Hampshire factory making chips for military aircraft, including F-15 and F-35 jets.
