With many companies already dropping major announcements ahead of CES, many analysts and investors are looking at what Samsung will be working on this year and how it will impact Apple. Angelo Zino, Senior Equity Analyst at CFRA, and Russell Holly, Managing Editor of VRHeads.com, join Cheddar to discuss what they expect out of the Consumer Electronics Show this year.
Samsung's biggest announcements are its "Wall" TV and new smart hub refrigerator with voice assistant capabilities. Holly says TVs are a big focus for the company because they need to stay competitive within the space. It's a big year for the company to show it can push ahead of LG in the technology category this year. He also doesn't believe Samsung will announce any phone news at this year's CES.
Plus, after a report came out in the Wall Street Journal that iPhones are toxic for kids, many investors are urging Apple to respond. Zino thinks it may be a good thing for Apple to become a little more socially responsible as far as kids are concerned. He wants Apple to provide parents more access to their children's phones, which he thinks may lead to potential revenue opportunities in the future.
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.
Uber missed analysts' projections for earnings per share and revenue this past quarter. Cheddar News takes a closer look at the numbers and explains what to expect for the rest of the fiscal year.
The Air Force is asking Congress to restrict further construction of the towering wind turbines that have edged closer to its nuclear missile sites in Montana, Wyoming, North Dakota, Nebraska and Colorado.
Elon Musk unveiled 'Grok,' his new A.I. chatbot over the weekend, adding that it will be more rebellious than its counterparts. Cheddar News breaks it down.
The trial between Google and the maker of the game Fortnite will begin Monday as a San Francisco jury will hear Epic Games' case claiming the Google Play Store takes an unfair commission on purchases made through apps.
Google on Monday will try to protect a lucrative piece of its internet empire at the same time it’s still entangled in the biggest U.S. antitrust trial in a quarter century.
