News Briefings

Cheddar Afternoon Google News Briefings of February 16th

Hello everyone. This is your daily tech and business briefing from Cheddar News. Consumer spending bounced back in the month of January that despite high inflation, retail sales jumped 3.8% last month, that was better than what economists had expected and after December, retail sales were also revised sharply lower. Meanwhile, Viacom CBS will now change their name to paramount. That is effective today. The change comes as the media giant attempts to expand their reach in the streaming world. That with the recently launched paramount Plus network that has nearly 33 million subscribers. Thus far, the company hopes to reach 100 million subscribers globally by 2024 Snapchat partnering with ticketmaster. This is going to entice more users to head out to live shows. They're launching a new way for users to discover live entertainment events all within the snap map. It's called ticketmaster Mini. Now the new feature matches users with events that they might be interested in and that's based on their preferences and that's the chatter, news, business and tech update. I'm baker machado coming to you from cheddar studios in lower Manhattan