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
Cannabis producer Cresco Labs is acquiring rival Columbia Care in a $2 billion all-stock deal, creating the largest U.S. cannabis company by sales. The deal, which is expected to close in the fourth quarter of 2022, is one of the biggest in the industry's history and would make Cresco the dominant player in a market projected to reach $46 billion in revenue by 2026. Charlie Bachtell, CEO of Cresco Labs, joins Cheddar News' Closing Bell to discuss.
Sports betting has boomed over the past year; but at the same time, sports betting stocks have not been so hot. Now, some sports betting brands are starting to rethink how to spend their money, especially when it comes to ads. It will come after online sports betting brands spent more than $320 million on advertising in 2021, up 38% from 2020, per MediaRadar. Brendan Coffey, sports finance reporter for Sportico, joins Cheddar News' Closing Bell to discuss.
Rowing-machine maker, Hydrow, raised $55 million in Series D funding round, led by Constitution Capital. Hyrdow offers a connected rowing machine that costs $2,495. The company's funding round comes as the at-home fitness industry is facing some challenges, due to many consumers returning to gyms after working out at home during the pandemic. Bruce Smith, founder & CEO of Hydrow, joined Cheddar News' Closing Bell to discuss.
Sam Thapaliya, Founder of Zebec, explains the two major problems associated with paying public figures in crypto, and how his firm is best-suited to help facilitate payments within the growing industry.
Wes Fulford, CEO of Viridi Funds, breaks down how several key headlines, include President Biden's executive order on crypto and rising inflation, are impacting the price of major cryptocurrencies during a volatile period.
Volvo electric vehicles will soon be able to charge at Starbucks ChargePoint locations. Anders Gustafsson, head of the Americas for Volvo Cars, Michael Kobori, Starbucks chief sustainability officer, and Pasquale Romano, president and CEO of ChargePoint, joined Cheddar News Wrap to talk about their joint effort to provide more accessibility for electric vehicle charging. “When you pull into the Starbucks, you pull into the parking lot and the chargers will be set up right there so you can pull in, plug in your car, walk into the Starbucks," said Kobori. "And it's a safe location to recharge, to connect to the Internet while you're charging."
