Dana Wollman, executive editor at Engadget, discusses the Apple HomePod's bizarre new issue of leaving white rings on wooden furniture. Wollman also talks Skype's security flaw and Huawei's latest problems getting into the U.S. phone market.
Wollman explains no one knows why the HomePod is leaving white rings on wooden furniture, and while Apple has acknowledged the issue, the company is just expecting users to deal with it.
Wollman also touches on Skype's major security flaw, explaining Microsoft isn't planning on sending out an update. Microsoft is expected to rebuild Skype from the ground up.
Recently, FBI Director Christopher Wray testified to the Senate Intelligence Committee that Huawei phones pose a threat to U.S. security because of the company's connections to the Chinese government. Wollman says this is just the latest setback for Huawei, which once had carrier deals with both AT&T and Verizon. Wollman doesn't see how Huawei will ever break into the American market now.
Earlier this week, crypto investors who got in on a 'Squid Game'-inspired coin were shocked when the asset turned out to be part of a scam. The people involved made off with close to $3 million after the Netflix-inspired coin's valuation went from $0.01 to $3,000 and back down to $0 within several days. CoinDesk Anchor Christine Lee joins Cheddar News' Closing Bell to discuss the pump-and-dump scheme, how investors can be on the lookout for similar scams, and what crypto platform Binance is doing to investigate the incident.
More American tech companies continue to pull their businesses out of China as the Communist Party cracks down on firms — both foreign and domestic. Yahoo and Fortnite have become the latest companies to withdraw from the country, and the withdrawals come just days after Microsoft announced it would take LinkedIn offline. Shehzad Qazi, managing director at China Beige Book International, joined Cheddar to provide some insight into how the crackdowns in China would also impact the tech companies at home in the United States.
Sian Morson, founder and editor of The Blkchain, talks about the challenges digital artists of color face getting opportunities to advance their careers and ways NFTs are redistributing wealth.