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.
Political ad spending will reach $6.89 billion this election cycle according to eMarketer, up 63.3 percent compared to the 2016 elections.
Ride-hailing service Lyft's annual loss more than doubled last year to over $2.6 billion, but the company claimed progress as revenue jumped 68 percent and ridership grew.
Geoffrey Colon and Aya Kikimova, Head of Brand Studio and Brand Studio at Microsoft Advertising, join Cheddar to discuss their new report that explores trends of the past and present that will impact the next decade.
__________________
Check out the report [here](https://about.ads.microsoft.com/en-us/blog/post/january-2020/2020-vision-trends-to-define-the-next-decade).
Xenex Disinfection Services has offered to ship out its germ-killing robots free-of-charge. But first, the San Antonio-based company needs assurances that China will respect its intellectual property.
Cybereason's Chief Information Security Officer Israel Barak discussed with Cheddar about preparing for beyond the standard fears of hacking votes.
The exemption granted by the Department of Transportation allows the company to introduce its second-generation vehicle lacking a steering wheel, transparent windshield, mirrors, and gas and brake pedals.
COO Matt Bromberg discussed with Cheddar how more engaged players also mean more spending in an industry that relies on microtransactions within free-to-play games.
The auto giant's first chief sustainability officer, Dane Parker, says he sees electric vehicles overtaking combustion engine cars as overwhelmingly as cars overtook the horse and buggy.
Jeff Weiner will become executive chairman after 11 years as CEO of the Microsoft-owned business. Ryan Roslansky, senior vice president of product, will become CEO as of June 1.
Adjusted for one-time items, earnings came to $1.53 per share. Analysts polled by FactSet expected earnings of $1.46. Revenue rose 36% to $20.9 billion. Wall Street expected revenue of $20.7 billion. Disney shares rose 1.2% in after-hours trading to $146.50.
