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.
ChatGPT-maker OpenAI and The Associated Press said Thursday that they've made a deal for the artificial intelligence company to license AP's archive of news stories.
Alexander Mashinsky, the former CEO of the failed cryptocurrency lending platform Celsius Network, has been arrested on federal fraud charges, including wire fraud, according to CNBC.
Threads could bring in $8 billion in annual revenue, according to analysis, after it reached about 100 million users days after its launch. Cheddar News explains.
Celebrities, lawmakers, brands and everyday social media users are flocking to Meta's freshly minted app Threads to connect with their followers, including many Twitter refugees tired of the drama surrounding Elon Musk’s raucous oversight of that platform.
Comedian Sarah Silverman is suing OpenAI and Meta for allegedly using her copyright-protected work to help train their artificial intelligence programs.
