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
Just ahead of Google parent company Alphabet reporting its fourth quarter earnings, investors are keeping an eye on revenue from its cloud services, which has been a major area of development recently as well as its ad revenue. Adam Lampe, CEO and Co-Founder of Mint Wealth Management explains why the cloud may be the future for Alphabet.
After weeks of bad news about Peloton, reports indicate that the at-home fitness giant might find itself getting acquired. Doug Astrop, managing partner at Exponential Investment Partners, joined Wake Up With Cheddar to discuss the possibility that Amazon, Nike, and Apple might be showing interest in buying the subscription-based business, whose shares have plummeted near 80 percent in the past year. "At some point everybody hits the limit on how many monthly fees they want to pay, how many subscriptions they want to have," said Astrop. "And you know, you've got Netflix, you got Amazon Prime, you got Spotify — I mean there's there's endless people who want you to pay a monthly fee. So, if you can be part of these bundles, it can really be advantageous for everybody."
Jarrod Loadholt, Partner at Ice Miller, joins Cheddar News' Closing Bell, where he breaks down the latest proposal by the SEC and explains how it could allow the agency to make major regulatory moves within the cryptocurrency space if approved.
Personal data platform Caden raised $3.1 million in pre-seed funding. Caden says its service allows users to have complete control over their data and earn a profit from it by sharing certain data with trusted brands, while never relinquishing ownership. The company also says its goal is to transform the internet and the use of personal data and make a better system for both consumers and brands. Caden founder and CEO John Roa joins Cheddar News' Closing Bell to discuss.
Consolidation has been transforming the industry for at least the past two years, but much of the activity was happening in the background. That all changed in the past month.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
