The athletic apparel company reported better-than-expected earnings on Monday, but its stock plunged in the wake of news about a federal accounting probe.
The Subscription Economy Brightback is an automated software that keeps customers from leaving subscription services.
The relationship between President Trump and Fed Chairman, Jerome Powell has been a contentious one the past few months.
The Dashboard Act would require companies with over 100 million users to disclose the value of their data and would allow users to request the deletion of the data that companies collect on them. Chris Miglino, CEO of SRAX explains that his company is doing what The Dashboard Act plans to do right now.
"That’s a regulatory nightmare,” Ives said. “That’s one that sounds good on paper, but...regulators are salivating when they hear that.”
As Uber prepares to join the long list of 2019's IPOs, the ride-hailing company has Lyft to watch as an example of what not to do.