Apple Plans New AirPods, Twitter Angers Conservatives
Apple is reportedly working on new AirPods. The new features will include an updated chip, the ability to call for Siri without touching the earphones, and improved Bluetooth connectivity. The new model is expected out later this year. And Apple is working on another AirPod update for the following year. Those AirPods will allegedly be water resistant.
Twitter alienated conservatives by accidentally freezing their accounts. On Tuesday night, the social media company quietly locked thousands of accounts in an attempt to purge suspected bots from operating on the platform. In the process, Twitter locked accounts of right-wing commentators like Richard Spencer. Angry conservatives began calling the incident "Twitter Lockout." The company defended its actions, saying "we enforce our rules without political bias."
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.
Arturo Béjar testified before a Senate subcommittee on Tuesday about social media and the teen mental health crisis, hoping to shed light on how Meta executives, including Zuckerberg, knew about the harms Instagram was causing but chose not to make meaningful changes to address them.
