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.
A hovercraft traveling from Cape Cod to Nova Scotia became a beachside attraction when it was deliberately run aground after suffering a 3-foot tear in its skirt.
Artificial intelligence is revolutionizing how people work, including in creative industries. The famous Tribeca Film Festival featured some projects recently that used A.I. that some filmmakers say make it more creative. Cheddar News took a peek at some of those films.
The Department of Energy and several other federal agencies were compromised in a Russian cyber-extortion gang's global hack of a file-transfer program popular with corporations and governments, but the impact was not expected to be great, Homeland Security officials said Thursday.
Rivian is expanding into New York City and launching its first showroom there. Cheddar News took a look at the showroom in NYC that the company is calling "spaces," which is intended to be experiential retail locations to woo new customers.