The Olympics draws millions of people around the globe but it also attracts a higher risk of a cybersecurity attack. Travis Farral, Director of Security Strategy at Anomali, joins Cheddar to discuss certain risks to athletes and tourists traveling to PyeongChang, South Korea.
He says the overall risk of a major cybersecurity attack is unlikely, but he's concerned about small attacks in the form of hacking email or personal information. The Russians have been banned from the Olympics following a doping scandal, so he suspects some hackers from Russia may try to interfere at one point or another.
Plus, Farral talks about how geopolitical tension could impact the Olympics. South Korea and North Korea are still at odds, so the idea of a nuclear missile being launched during the games wasn't out of the question.
Image-sharing app Pinterest reported big beats on its Q4 earnings for the top and bottom lines. The social platform surprised investors after seeing a decline in users while earnings and revenue were much higher than expected.
Stocks closed at session lows Thursday, mostly due to a larger tech selloff after Facebook parent company Meta reported weak earnings results one day before. The Nasdaq closed down nearly 4% for its worst day since September 2020. Erin Gibbs, Chief Investment Officer at Main Street Asset Management, joins Closing Bell to discuss today's close, Meta earnings, Amazon earnings, and more
Spotify beat fourth quarter earnings expectations, and also reported a jump in monthly active users and in paid subscribers. The report comes as the company grapples with a new question: is it simply a streaming platform, or is it a media company responsible for the content it posts, like Joe Rogan's controversial podcast? Greg Martin, Co-Founder of Rainmaker Securities, joins Closing Bell to discuss why the stock took a hit even though earnings results were positive, how the company can move forward through the Rogan controversy, and more.
Chen Arad, Chief Operating Officer for Solidus Labs, joins Cheddar News' Closing Bell, where he explains why Wormhole was particularly vulnerable to a $320+ million crypto hack and discusses what new investors need to do in order to protect their assets.
