Chipocalypse Now: Processor Design Flaw Affects Billions of Devices
Intel and other chipmakers are in the hot seat after a major flaw was revealed in processors used in billions of devices. Russell Brandom, Reporter at The Verge, was with us to break down the latest developments in the cybersecurity scare.
After taking a backseat following news of chip design flaws that impacted billions of devices, Apple has finally spoken up, revealing all Mac systems and iOS devices are affected. Most big tech companies, including Google and Amazon, responded promptly to the security threat. Brandom says disclosure about these kind of issues is tricky, but adds that companies must have fixes for the flaws when they make the official announcement in order to prevent attackers from compromising the devices.
Brandom says the biggest impact of the flaw won't be seen on your phone or laptop. He’s most worried about the impact on cloud services like AWS and Google Cloud.
Tesla reported record profits for an electric fourth quarter, but investors still have plenty of questions. The EV giant will not be releasing any new vehicles this year and provided no updates on its Cybertruck. Cheddar News was joined by Ed Butowsky, Chapwood Investments Managing Partner to go over Tesla's quarter and analyze its concerns going forward.
Julius De Kempenaer, Senior Technical Analyst at Stockcharts.com, joined Cheddar News to break down what led to Apple's massive quarter, and what the future may hold for the tech giant as competition with Microsoft ramps up.
NFT art platform TRLab recently raised $4.2 million in funding. TRLab launched just last year but says its platform focused on NFT curation and distribution is growing quickly. The company hopes to bridge traditional and digital art worlds and help artists explore NFTs as an emerging medium. TRLab co-founder and chairwoman Xin Li-Cohen and co-founder and CEO Audrey Ou joined Cheddar News' Closing Bell to discuss.
