Making First Responders' Lives Safer Through Technology
Sprint is making strides in using its network and technology to make first responders' lives safer. Sprint's Director of Public Sector Strategy Jim Spillane joins Cheddar to discuss how officials use IOT-enabled devices while serving in the field. He reveals why communities become more secure when people are more closely connected.
Sprint's Priority Connect platform is built on three primary pillars: mobility, safety, and automation. Spillane discusses the efforts the company makes towards ensuring first responders have access to the network in the event of a crisis. Sprint's industry-leading spectrum capabilities give it the power to deliver more capacity at faster data speeds.
Sprint is also investing in IOT technology to develop body cameras and sensor-equipped safety vests. Spillane breaks down the company's Automatic Injury Detection equipment that can instantly sense a gunshot or stab impact. The technology provides the officer's GPS location and delivers a notification to up to 30 people.
Tech apprenticeship platform Multiverse became a unicorn with a $1.7 billion valuation, after raising $220 million in a Series D round. As companies across the country face challenges in hiring and retaining tech talent, Multiverse says it's trying to offer a solution with a new way to train and hire workers that can serve as an alternative to college and corporate training. Sophie Ruddock, VP and GM North America of Multiverse, joins Cheddar News' Closing Bell to discuss.
Bitcoin's price has fallen below $24,000, its lowest level since December 2020. Matt Hougan, CIO at Bitwise Asset Management, joined Cheddar News to discuss the future of crypto amid the latest high-profile point of concern, the halting of withdrawals at Celsius Network. "Last month we saw Luna collapse. This month we're seeing Celsius possibly collapsing," he said. "So this stress test is finding weaknesses in the crypto ecosystem and it will continue until we get to a strong foundation from which crypto can recover."
An analyst at JP Morgan is predicting massive future growth for Apple in its music and gaming divisions — to the tune of more than $8 billion in revenue by 2025. Cheddar News anchors Kristen Scholer and Hena Doba discuss the glowing forecast for the tech giant.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
U.S. markets opened sharply lower on Friday on hotter-than-expected inflation data. The May CPI showed an 8.6% jump in consumer prices year-over-year, higher the expected 8.3%. Mark Howard, Senior Multi-Asset Specialist at BNP Paribas joined Cheddar's Opening Bell to discuss.