They say the first step to overcoming addiction is acknowledging the problem, but what if your addiction is to technology?
IPhone designer and Nest founder Tony Fadell told Cheddar people need tools to understand how they use their devices.
“Today we do not have the information at our fingertips to allow us to see what our digital life looks like,” he said. “All of these companies have a measurement of our digital life. They know how much time we spend in each of these apps.”
“Apple and Google create these platforms, and they are in the perfect position to give us this data this back to us, and blend it with our physical data.”
Fadell’s comments follow calls from two major Apple investors that the tech giant do more to combat smartphone addiction among children. Jana Partners and California’s teachers’ retirement fund wrote letter to the company over the weekend, saying overuse of the devices has lead to lack of concentration in classrooms.
Fadell argues, though, that the issue is not exclusive to children.
“We have to think broader,” he said. “When it comes to our family, we have tech-free Sundays, where the parents and the kids are not on technology, where we’re together as a family.”
For the full interview [click here](https://cheddar.com/videos/apple-ipod-co-inventor-tony-fadell-on-combating-addictive-quality-of-technology).
Institutional investors changed the cryptocurrency market in 2018, veering away from their blockchain-not-bitcoin attitudes and trying out strategies for entering the new crypto asset class. Cheddar is gazing into our crystal ball to predict what's ahead for crypto in 2019.
As 2018 comes to an end, Cheddar is picking the year's top winners and biggest triumphs for Cheddar's Hall of Fame.
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As 2018 dwindles, we're reviewing the year's most extravagant fails as part of Cheddar's Hall of Shame.
With oil prices nearing 18-month lows, John Hofmeister, former president of Shell Oil, is worried about the negative impact of lower prices. In fact, he says, if prices drop below
$40 a barrel, the cost of production will exceed the revenue it brings. That said, Hofmeister noted that lower oil prices are having a big impact on the consumer. People are driving more, and the impact hits everything from plastics to clothing and air fares.
These are the headlines you Need 2 Know for Friday, Dec. 28, 2018.
Instagram accidentally released an update to its app on Thursday, enraging users and igniting a firestorm on social media. The social media platform, which hit 1 billion users in June, modified how users view their main feeds ー switching from a vertical scroll to a horizontal swipe, à la popular dating app, Tinder.
When U.S. Attorney General Jeff Sessions moved to undermine Obama-era marijuana industry protections in January, there was little indication how pivotal 2018 would prove to be for the cannabis industry. As 2019 approaches, Cheddar is now looking ahead to next year and forecasting what's in store for the U.S. marijuana industry.
Body-care brand Busy Beauty wants over-taxed women to spend less time on primping. "We developed a full line of products that let women completely skip the shower if they either don't feel like it or don't have the time," said Jamie Steenbakkers, the company's co-founder and COO.
