Staff writer for PCWorld Michael Simon breaks down Samsung's decision not to unveil the Samsung Galaxy S9 and what else the company might have up its sleeve. He also discusses Huawei's problems with its Mate 10 phone, as well as Apple's attempts to win back consumer trust.
Samsung has decided to debut its new flagship phone at next month's MWC instead of CES. The South Korean electronics company also continued to tease a foldable phone, which is expected to debut later this year. The U.S. government is attempting to stop the Huawei Mate 10 launch, citing security risks. AT&T has already cancelled the phone, and Verizon might be next.
According to a new poll, only 53% of Americans trust Apple with their data, while 32% don't at all. Apple has promised new parental controls in response to a letter from shareholders asking for more help.
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.
