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.
Parallel Systems has been selected to receive $4.5 million from the Department of Energy for an advanced testing program of its autonomous, battery-electric rail vehicles. The startup, which has raised more than $53 million to date, was founded by former SpaceX engineers to reimagine the rail system by creating a more efficient, decarbonized freight network. Matt Soule, Co-founder & CEO of Parallel Systems, joined Cheddar's Opening Bell to discuss what the company hopes to achieve.
A bipartisan bill introduced by U.S. Senators Amy Klobuchar (D-MN) and Cynthia Lummis (R-WY) aims to tackle the spread of misinformation on social media platforms, as well as the addictive nature of the sites and negative mental health impacts they have on users. The 'Nudge Act' would require studies to find and compile potential interventions that platforms could use to encourage people to think before they share a post, or log off after spending too much time on an app. The FTC would create rules based on these findings, and hold the platforms accountable. But will it work? Jesse Lehrich, co-founder of Accountable Tech, joins Closing Bell to discuss the bill, whether real results and regulations could come from it, and more.
A.I.-based entertainment company, Deedub, recently raised
$20 million in a Series A round, led by Insight Partners. Deepdub uses A.I. technology to automate the dubbing process for foreign-language movies or TV shows, while using actors' original voices. The company says it can take just two to three minutes of data from an actor's voice and transform the voice into a different language. The funding comes as foreign-language films and shows like Netflix's 'Squid Game' have recently become more popular with audiences in the U.S. and around the world. Oz Krakowski, Chief Revenue Officer at Deepdub, joins Cheddar News' Closing Bell to discuss.
