If there is one thing that is clear after the 2023 Consumer Electronics show, tech innovators are looking to make the lives of humans much simpler.
Smart devices are leading the charge in human efficiency and now there's new smart home technology to keep families safe. Healthcare and security firm Essence Group has created a new security defense system called MyShield.
The system uses fog to deter would-be burglars. So how does it work? Once intruders have been detected, a system user is notified via an app on their phone, at which point they can activate the fog.
It takes about 30 seconds for a 3,500 square-foot room to completely fill, and according to Essence, those breaking and entering usually run away 98 percent of the time. And while it is typically utilized in businesses, the company is developing a model for the home.
When it comes to securing the outside of your home, Genie has you covered with the BenchSentry.
It's aimed at safeguarding packages and gives handlers direct access to the locked box by entering a portion of the tracking number or via a code provided by the homeowner.
Stephen Smith, Founder and CEO of Kitman Labs, joins Cheddar News' Closing Bell, where he explains how his company's intelligence platform is engineering change in how athletes and sports teams prepare for games.
Streaming giant Netflix has thrown its hat into the ring with some video game offerings of its own so far, but the hurdles to gaining market share in the space might be daunting despite recently acquiring its third game development studio. Kenny Rosenblatt, the president and co-founder of casual game maker Arkadium, joined Cheddar to offer his view of where things are headed for Netflix. "Microsoft entered the video game market in 1990, years ago with 'Windows Solitaire. It has taken them that long to become the player that they are today," he said. "So I like what Netflix is doing. Slow and steady wins the race."
U.S. stocks closed Tuesday's session near session highs. The Dow Jones Industrial Average rose 350 points, after rising more than 400 points at its session high. Shares were also impacted positively by optimism around peace talks in Ukraine. Nancy Prial, Co-Chief Executive Officer & Senior Portfolio Manager of Essex Investment Management, joins Cheddar News' Closing Bell to discuss.
Food, paper, and plastic are known to be major factors when it comes to America's trash; but furniture is high on that list, as well. According to the EPA, furniture makes up twelve million tons of waste in landfills every year. It's a problem that one online furniture store is trying to solve. Alpay Koralturk, Founder & CEO of Kaiyo, joins Cheddar News' Closing Bell to discuss.
Bitcoin surged to its highest level on Monday since January 2nd. The gains also come after a late Sunday rally for the cryptocurrency, when it surpassed the key price of $45,000, and also turned positive for 2022. Matt Hougan, CIO of Bitwise Asset Fund, joins Cheddar News' Closing Bell to discuss what is behind the recent rallies for Bitcoin and other cryptocurrencies.
Cross-border payments are big business, and crypto companies want in on the action, which means challenging established remittance services such as Western Union and MoneyGram.
