Michael Simon, staff writer for PC World, discusses Apple's 11.3 iOS announcement, as well as the HomePod which is now available for pre-order. He also explores what China's first ever annual decline in phone shipments could mean.
Simon says iOS 11.3 will finally allow users to check the health of their batteries, a growing issue for customers. The iOS 11.3 will also offer new Animojis. Apple says the update is due out this spring.
Simon also discusses Apple's new HomePod, now available for pre-order. While the company has a loyal following of people who will definitely purchase the product, he doesn't see most people paying $349 when Amazon's Echo is just $99. Concerning China's decline in phone shipments, Simon says Americans will always buy new phones for new features, but China is a different market and Apple will need to learn how to adjust.
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.
