Intel continues to pick up the pieces after announcing last week its flagship processing chip has a couple big security flaws. Archie Agarwal, CEO of ThreatModeler, joins Cheddar to discuss how the security patch may work and if Intel can turn this debacle around.
Agarwal says we'll have to wait and see if the patches work, but he advises that airlines and hospitals have the most to lose. Fixing this flaw will be expensive for companies and a massive undertaking.
In terms of how this vulnerability will impact Intel, the company insists it won't impact its financials. Agarwal says the cost to Intel could be billions and that the company may need to redo its entire technology structure. It's also got to deal with the many class action lawsuits that have been filed against the chip company.
Sens. Elizabeth Warren, Ron Wyden, Ed Markey, and Mazie Hirono sent a letter to top officials at Twitter expressing their concerns over the platform's privacy policy.
The world's largest cryptocurrency exchange Binance and its founder Changpeng Zhao are accused of misusing investor funds, operating as an unregistered exchange and violating a slew of U.S. securities laws in a lawsuit filed by the SEC.
Apple on Monday unveiled a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter's ability to popularize new-fangled devices after others failed to capture the public's imagination.
Customers of Venmo, PayPal and CashApp should not store their money with these apps for the long term because the funds might not be safe during a crisis, the Consumer Financial Protection Bureau warned on Thursday.
