Sprint just announced the world's first connected payment card at CES. Sprint's Ivo Rook joins Cheddar to tells us about the future of payments, and the company's recent advancements in the space. Rook is the first to hold the newly-created position and reveals his priorities for 2018 and beyond.
Sprint and Dynamics unveiled Wallet Card at the Las Vegas electronics expo. He explains what's possible, thanks to the new tech that connected payment option. The card can switch from a credit card to a debit card and back again in addition to storing personal information.
Finally, Rook breaks down his predictions for the future of IOT. He also showcases Sprint's advancements in the space and what it has that other competitors do not. He details how the company plans on leveraging its relationship with SoftBank to expand its IOT initiatives.
Google CEO Sundar Pichai was back in court Tuesday to testify in an antitrust trial that accuses the company of running an illegal monopoly on its Android apps.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
