Prince Harry's interview with Barack Obama aired on the BBC's Radio 4 on Wednesday. The royal sat down with the former president to discuss social media's effect on society. While Obama did credit social media to part of his political success, he acknowledged a bubble phemonenon, saying one of the dangers of the internet is that people can have entirely different realities.
What do you get the Kardashian who has everything? Stock - and lots of it. Kanye West gave his wife Kim Kardashian hundreds of thousands of dollars worth of stocks for Christmas. including Amazon, Apple, Netflix, Disney, and Adidas.
Americans are expected to send back approximately $90 billion dollars worth of goods, according to reports from Optoro, a firm that tracks the business of return shipments. The firm notes that January is peak time for all returns, but 40 percent of holiday returns happen immediately after Christmas, between December 26th and 31st.
Paramount Global is set to absorb Showtime into Paramount+, creating a single streaming option to compete with the likes of Netflix and Warner Bros. Discovery’s Max. The company also plans to raise the monthly price from $9.99 to $11.99 per month after the integration.
Debt ceiling talks are underway in Washington, DC ahead of a default deadline. Michael Rosen, chief investment officer with Angeles Investments, joined Cheddar News to explain how a potential default could affect investment portfolios, among other items, for Americans.
Australia's government announced regulations for buy now, pay later services, which will be labeled as consumer credit products, which puts them under the country's Securities and Investments Commission's watch.
Walmart is reportedly teaming up with pet telehealth provider Pawp, giving subscribers unlimited access to vet services via video and text, starting on Tuesday.
Cheddar News checks in to see what's on The Day Ahead, which will include earnings from Lowe's, Dick's Sporting Goods, BJ's and AutoZone along with new home sales data. In addition, Microsoft's Build 2023 Developer Conference is slated to kick off for software engineers and web developers.
Venmo will soon have accounts for teenagers ages 13-17 but they will have to follow a set of rules, with parents or guardians opening accounts on their behalf under their own accounts.
Rory Harvey, General Motors' incoming North American president, joined Cheddar News to discuss GM's foray into the rapidly-changing electric vehicle market along with what lies ahead. "It's a very dynamic time in the automotive industry," he said. "If you look to the transformation across the EVs, it's happening and it's happening at a pace."
