This week tech & car company Pal-V made a pretty big splash at the Geneva auto show by unveiling its newest flying car. Louis Scialabba, Director of Service Provider Security at Radware joins Cheddar to discuss if this technology could actually be a reality.
Scialabba believes flying cars will retail to a niche group but most likely won't go mainstream, at least for a while. He talks about what will need to go into driving one of these cars and it doesn't seem easy. You'd probably still need a runway and if so, it will be hard to just fly your car to the grocery store.
However, he says that we can't just focus on the fun aspects of connected cars. We need to worry about the cybersecurity risks they pose. Cars can share information with other cars and we need to be mindful of the technology that goes into that and protect our data.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
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.
