The Light Phone is about the size of a credit card and it can do a fraction of what your smartphone can. And yet, consumers love it. The company is about to release the new model "Light Phone 2."
Joe Hollier is the co-founder of Light and he joins Cheddar to give a teaser for the Light Phone 2. Hollier explains that the new model will have the calling feature that the original Light phone includes, and much more.
Light Phone 2 is the same size but also includes the capability to send basic messages, get directions, and order a ride. The Indiegogo campaign launches on March 1st. Light is battling smartphone addiction, one credit-card sized phone at a time.
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JPMorgan said it plans to close 21 around 25 percent of First Republic's branch location by the end of the year. The financial giant purchased the regional bank after it effectively collapsed amid an ongoing crisis in the banking sector.
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