Verizon is ushering in the new era of connected vehicle solutions with its introduction of Verizon Connect, a brand built to improve driver safety and efficiency for customers. Andres Irlando, CEO of Verizon Connect, was with Cheddar to explain the opportunity Verizon sees in connected vehicles.
Verizon Connect combines three best-in-class fleet and mobile workforce management software companies to deliver solutions that help drive safety, productivity and efficiency for customers. The new brand will help customers optimize their connection to vehicles and mobile resources more generally, said Irlando.
FreshDirect is a customer of Verizon Connect. Irlando said the company uses their software platform to improve driver behavior. The food-delivery company is also able to track speeding, harsh braking, and seat belt use. FreshDirect uses Verizon Connect's solutions for cold chain integrity to make sure their food is kept at the appropriate temperatures.
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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As Big Tech reports Q3 earnings, investors await proof that massive AI and cloud investments from Meta, Apple, Microsoft, and Alphabet are driving real growth.
Eric Trump joins us to discuss American Bitcoin’s mission, market strategy, and why he believes the U.S. must lead the next era of digital currency innovation.
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