Angelo Zino, senior equity analyst at CFRA Research, joined Cheddar News to discuss what is new in tech coming out in 2023.
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Apple posts stronger-than-expected Q2 results
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
50-Year-Old Soviet Spacecraft to Reenter Earth's Atmosphere
50-Year-Old Soviet Spacecraft to Reenter Earth's Atmosphere
Visa wants to give AI ‘agents’ your credit card
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Food delivery service Deliveroo surges following $3.6B proposed takeover offer from DoorDash
Shares of Deliveroo, the food delivery service based in London, are hitting three-year highs on Monday after it received a $3.6 billion proposed takeover offer from DoorDash.
Elon Musk’s X sues to overturn Minnesota political deepfakes ban
X, the social media platform owned by Trump adviser Elon Musk, is challenging the constitutionality of a Minnesota ban on using deepfakes to influence elections and harm candidates.
Musk damaged Tesla’s brand in just a few months. Fixing it will likely take longer
Elon Musk intends to focus more on his job as Tesla CEO, but it’s unclear if the billionaire will be able to solve a big problem of his own making.
California Bar discloses AI was used to develop questions in Exam
The State Bar of California has disclosed that some multiple-choice questions in a problem-plagued bar exam were developed with the aid of artificial intelligence.
Instagram tries using AI to determine if teens are pretending to be adults
Instagram is expanding its use of artificial intelligence to determine if kids are lying about their ages on the app.
Google faces off with US government in attempt to break up company in search monopoly case
Google is confronting an existential threat as the U.S. government tries to break up the company as punishment for being a monopoly.
