Apple has apologized for slowing down older iPhones and temporarily dropped prices for a replacement battery, but will it be enough to make customers happy? Zac Hall, Editor at 9to5Mac joins Cheddar to discuss.
The tech company said it issued a software update that slowed down older phones in some situations to extend battery life. Along with Apple's apology, the company also promised a new iOS update to fix the software issues. Hall says this blunder is worse than 2010's "antenna-gate", in which iPhone 4 users had issues with dropped calls.
In addition, Hall makes a few predictions on when the HomePod will be available for purchase and new phones on the docket for 2018. He talks about what investors are looking for in 2018 and how Apple will continue to dominate the tech space.
Ride share competitors Uber and Lyft both posted their fourth quarter earnings days apart from each other. Both companies have been trying to get back on their feet after taking some pandemic-related hits, but the Omicron variant had other ideas as the year came to a close, with each company taking a hit in ridership in December. Lance Ippolito, head trader at The Future of Wealth explains how Uber and Lyft measured up this earnings period and why Uber may still have an edge over the competition.
Parallel Systems has been selected to receive $4.5 million from the Department of Energy for an advanced testing program of its autonomous, battery-electric rail vehicles. The startup, which has raised more than $53 million to date, was founded by former SpaceX engineers to reimagine the rail system by creating a more efficient, decarbonized freight network. Matt Soule, Co-founder & CEO of Parallel Systems, joined Cheddar's Opening Bell to discuss what the company hopes to achieve.
