Cheddar morning business update 8/10: Facebook launches original video series

Posted: Updated:
  • Concern about North Korea is putting the brakes on Wall Street's long winning streak. Today investors are waiting on Snapchat parent Snap to report its earnings. Snap was once a wall street darling but investors have been losing faith as Facebook and Instagram keep rolling out similar features. 
  • The social media giant is launching Facebook Watch, a new service that lets users watch original video series. The content is produced exclusively by partners like A&E, NASA, PopSugar and Cheddar. Partners will earn 55% of ad revenue while Facebook keeps 45%. The “Watch” tab, a small TV, will start rolling out in the U.S. this week. 
  • Europe could soon face a shortage of butter. A major rise in global demand has caused wholesale prices nearly to double in the past year. CNN Money reports one industry group in France describes it as a “major crisis,” warning of a sharp increase in the price of croissants, tarts and brioches.
  • BusinessMore>>

  • Inflammatory letter sheds light on Uber's alleged misconduct

    Inflammatory letter sheds light on Uber's alleged misconduct

    Friday, December 15 2017 7:25 PM EST2017-12-16 00:25:48 GMT
    Monday, December 18 2017 9:34 AM EST2017-12-18 14:34:49 GMT
    A federal judge has unsealed an inflammatory letter sent by a former Uber security specialist alleging the ride-hailing service dispatched a team of spies to steal its rivals' trade secrets and engage in other...
    A federal judge has unsealed an inflammatory letter sent by a former Uber security specialist alleging the ride-hailing service dispatched a team of spies to steal its rivals' trade secrets and engage in other shady behavior to thwart its competition.
  • Germany extends facial recognition test at rail station

    Germany extends facial recognition test at rail station

    Friday, December 15 2017 7:45 AM EST2017-12-15 12:45:39 GMT
    Monday, December 18 2017 9:34 AM EST2017-12-18 14:34:46 GMT
    Germany's top security official is extending tests of automatic facial recognition technology after an initial six-month trial showed the system had a good success rate.
    Germany's top security official is extending tests of automatic facial recognition technology after an initial six-month trial showed the system had a good success rate.
  • AP Explains: What is net neutrality and why does it matter?

    AP Explains: What is net neutrality and why does it matter?

    Thursday, December 14 2017 12:24 AM EST2017-12-14 05:24:35 GMT
    Monday, December 18 2017 9:34 AM EST2017-12-18 14:34:43 GMT
    "Net neutrality" regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, are on the chopping block.
    "Net neutrality" regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, are on the chopping block.
sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 5 view limit
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please login, create an account or subscribe to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."