*By Conor White*
Anjali Sud, the CEO of Vimeo, seemed comfortable Wednesday with carrying the huge expectations placed on her by the video-sharing website's owner, the media conglomerate IAC.
"We've invested a lot in our product and technology, we've launched a lot of new features, we're seeing our growth accelerate," said Sud at the Collision Conference in New Orleans. "We plan to exceed $100 million in revenue this year, and so I say bring it on."
At 34, she is the youngest chief executive at any of IAC's companies. And her corporate bosses have declared that Vimeo is IAC's "big bet" for 2018. Despite all the hype surrounding Vimeo, Sud told Cheddar's Kristen Scholer the company won't be stretching beyond its core competency.
"We're not investing in original content. There's billions of dollars being invested in that content," said Sud. "We don't think that's a problem that isn't being solved elsewhere, and we're really focused on the other side of that coin, which is the creators who are creating that content."
Vimeo recently launched a Mac OS tool, making it easier for creators who use Final Cut Pro to publish their content.
For more information, [click here](https://cheddar.com/videos/vimeo-leaves-content-wars-behind).
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.
Uber missed analysts' projections for earnings per share and revenue this past quarter. Cheddar News takes a closer look at the numbers and explains what to expect for the rest of the fiscal year.
The Air Force is asking Congress to restrict further construction of the towering wind turbines that have edged closer to its nuclear missile sites in Montana, Wyoming, North Dakota, Nebraska and Colorado.
The PlayStation 5 Slim will be reportedly released on Friday.
Elon Musk unveiled 'Grok,' his new A.I. chatbot over the weekend, adding that it will be more rebellious than its counterparts. Cheddar News breaks it down.
The trial between Google and the maker of the game Fortnite will begin Monday as a San Francisco jury will hear Epic Games' case claiming the Google Play Store takes an unfair commission on purchases made through apps.
Elon Musk's company XaI has announced a new chatbot called Grok.
Google on Monday will try to protect a lucrative piece of its internet empire at the same time it’s still entangled in the biggest U.S. antitrust trial in a quarter century.
Elon Musk is making a big prediction about artificial intelligence and the jobs market.
Apple posted better-than-expected profit and revenue in the latest quarter but said sales dropped for the fourth straight quarter, including a drop in revenue for iPads and iMacs.
