Google's Arts and Culture app is the most-downloaded free app for both iOS and Android, meaning it's surpassed heavy hitters like Messenger and YouTube in just the past few days. . Arts and Culture has been around since 2016. Until last week, though, not many people used it. The recent surge in popularity comes from the addition of a facial recognition feature. The feature allows users to upload a selfie to find museum paintings that look like them.
Net neutrality may live to see another day. Attorneys General from 22 states--including California, Illinois and Mississippi-- are filing a lawsuit to block the FCC's recent vote to repeal Obama-era regulations.
New York State AG Schneiderman calls the rollback a "disaster for New York consumers and businesses, and for everyone who cares about a free and open internet."
YouTube is setting new rules for its content in an effort to regain advertisers' trust. For starters, employees will watch the platform's most popular videos to ensure paid ads are running alongside content that is not offensive or controversial.
Also, in addition to 10,000 views, channels will need one thousand subscribers and 4,000 hours of view time. YouTube hopes to have the review finished by the end of march
Bitcoin's price has fallen below $24,000, its lowest level since December 2020. Matt Hougan, CIO at Bitwise Asset Management, joined Cheddar News to discuss the future of crypto amid the latest high-profile point of concern, the halting of withdrawals at Celsius Network. "Last month we saw Luna collapse. This month we're seeing Celsius possibly collapsing," he said. "So this stress test is finding weaknesses in the crypto ecosystem and it will continue until we get to a strong foundation from which crypto can recover."
An analyst at JP Morgan is predicting massive future growth for Apple in its music and gaming divisions — to the tune of more than $8 billion in revenue by 2025. Cheddar News anchors Kristen Scholer and Hena Doba discuss the glowing forecast for the tech giant.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
U.S. markets opened sharply lower on Friday on hotter-than-expected inflation data. The May CPI showed an 8.6% jump in consumer prices year-over-year, higher the expected 8.3%. Mark Howard, Senior Multi-Asset Specialist at BNP Paribas joined Cheddar's Opening Bell to discuss.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.
