GIFs and memes are all over the internet. We all post them, but have you ever made one? PicMonkey is launching a new product to make it quicker and easier for entrepreneurs and small businesses to make these social marketing tools.
Frits Habermann, CEO of PicMonkey, explains how the company's new product works. He says it's targeted at everyone from small business owners to social media influencers.
Habermann also discusses how much graphic design has changed in the 15 years since he co-founded Adobe InDesign. He says that now there is no room for bad design, because everyone has access to a camera and a design tool in the palm of their hands.
In Wednesday's business headlines, Microsoft CEO Satya Nadella is due in court to defend the company's takeover of Activision Blizzard and United Airlines is under fire over its recent cancellations with CEO Scott Kirby blaming the FAA for the disruptions. Meanwhile, a judge approved Overstock's purchase of Bed Bath & Beyond assets.
Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing.