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
Apple is on the verge of becoming the world's first-ever $3 trillion company as shares of the iPhone maker are inching closer to $182.86. Joel Hawthorne, head trader and CEO of The Morning Snapshot, joined Cheddar to discuss Apple's success and how the tech giant will continue to innovate. "One thing that we have to keep in mind is this stock somewhat moves like its own ETF," he said, describing the company as almost a "safe bet" for long-term investors.
Gabe Pincus, president of the investment advisor GA Pincus Funds, joined Wake Up With Cheddar to break down what's happening with meme stocks, as retail trader favorites AMC, GameStop, and Bed Bath & Beyond all moved sharply lower on Monday. He noted that even with the drop there is still room for the meme stocks to tumble even more. "They're still up 500 percent, 800 percent, 900 percent from their all-time lows, so there's plenty more room for them to go down," said Pincus.
While people have been spending more time on their phones throughout the pandemic, a new report shows they were also spending more money as well. A review from Sensor Tower on the global app ecosystem this year found that the app economy will see record consumer spending in 2021, up nearly 20% from 2020. Sensor Tower director of sales and financial institutions Anthony Bartolacci joins Cheddar News' Closing Bell to break down the report.
The future of gambling in Florida recently suffered a major setback after a federal appeals court rejected a request from the state and the Seminole Tribe to allow online sports betting in the state. Now, the tribe has been forced to stop taking bets on its Hard Rock sportsbook app. ESPN gaming writer David Purdum joins Cheddar News' Closing Bell to discuss what this could mean for the future of sports betting in Florida.
