Canon Leans on A.I. for Innovation in the Camera Biz
Canon ranked among the top holders of U.S. patents in 2017, beating out Intel, Google, and Amazon. The camera company placed a focus on intellectual property, using imaging technology to drive innovation across industries including business solutions, manufacturing, and medical technology.
Robert Pignataro, Director of New Business for Imaging Technologies & Communications Group at Canon, joined us to share how the company is innovating in the camera business. There are some Canon patents consumers interact with on a daily basis without even realizing. He said every time we turn on the TV, we see the result of their cinema line. The company received a technical Emmy last year for its Cinema U.S. lenses.
A.I. is a big part of Canon's industrial focus. Pignataro said Canon has become more of a software company to help encompass the strength of its hardware. It’s not just cameras. He said innovation in its printing segment has been key as well.
Markets opened higher as investors react to positive data on the labor front, with weekly jobless claims falling to 198,000 for the week ending December 25. Ross Mayfield, investment strategy analyst at Baird joined Cheddar's Opening Bell to discuss the market open.
Brian Jacobsen, Multi-Asset Solutions at Wells Fargo Asset Management, provides insight on the Financial sector as interest rates are expected to rise and discusses the factors impacting growth in consumer spending.
Greg Swenson, Founding Partner at Brigg Macadam, breaks down how government reaction is trickling down into the markets and why Fiannaials should be in focus in January.
Jay Pestrichelli, CEO of ZEGA Financial, discusses the industries seeing more volatility due to COVID-19 and areas investors can hedge rising inflation.
Dave Ellison, Portfolio Manager at Hennessy Funds, talks about the effect less liquidity in the market has on economic growth and breaks down how the financial sector and small businesses could grow during these conditions.
Sky Harbour, a company developing private aviation infrastructure, is gearing up to land on Wall Street. The company announced plans to go public through a SPAC deal with Yellowstone Acquisition Company, valuing the combined venture at $777 million. The company will trade on the New York Stock Exchange as $SKYH.
Dish Network is reportedly in discussions to merge with DirecTV. According to the NY Post, the two sides are currently 'trying to iron out the details.' The competitors have had talks in the past -- over the course of the past 20 years, but those talks been halted by the DOJ over antitrust concerns. Lydia Moynihan, Business Reporter, NY Post joined Cheddar's Opening Bell to discuss.
