Imagine running up a hill, wanting to give up, and then hearing a personal trainer in your ear urging you to keep going. Would you? Ethan Agarwal, CEO of Aaptiv, joins Cheddar to discuss how his app is making it possible for people to get motivated during a running workout.
So why audio over video? Agarwal says cardio is run on audio. People don't want to watch videos while running, so he believes using data to create a personal trainer in your ear is the future of working out.
The company just raised $38 million dollars, and will be using it to enhance both the app's user experience and marketing efforts. However, when asked about acquisitions and mergers, Agarwal said he's on the IPO path. He wants to build a personal fitness empire catering to one of the largest fitness demographics: runners.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
Arturo Béjar testified before a Senate subcommittee on Tuesday about social media and the teen mental health crisis, hoping to shed light on how Meta executives, including Zuckerberg, knew about the harms Instagram was causing but chose not to make meaningful changes to address them.
