Apple devices aren't immune to the "meltdown" and "Spectre" attacks that can affect almost any device with a processor.
The tech giant confirms that all iPhones, iPads and Macs are vulnerable, but says it has already rolled out fixes to limit the impact.
Uber Co-founder Travis Kalanick is about to divest a major chunk of his holdings in the company. The ex-CEO plans to sell nearly a third of his stake to Softbank in a deal that could bring him as much as 1.4 billion dollars.
Justin Timberlake looks like announcing the newest iPhone in the music video for his new song, "Filthy." JT does his best Steve Jobs imitation - black turtleneck and all. But rather than unveiling the latest Apple gadget, Timberlake is bringing AI back, dancing on stage with a robot. JT's dropping three more videos ahead of the release of his new album "Man of the Woods" on February 2nd.
Breaking down the good, the bad, and the new in business on Monday, June 13, 2022, with JP Morgan's bullish Apple take, EV startup Electric Last Mile Solutions planning to declare bankruptcy, and Amazon getting ready to roll out its new drone delivery service in California.
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.
