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.
While it was a volatile week in tech as Meta experienced the biggest one-day drop in the history of the U.S. stock market, industry giant Amazon reported 40 percent growth — largely on the strength of the cloud. Dan Ives, managing director of equity research at Wedbush Securities, joined Cheddar News to break down how the e-commerce company stock managed to pop despite headwinds against its core retail business. "It's all about cloud because of sum of the parts, you could argue, amazon could be $3,500/$4,000 stock just based on cloud," he said. Ives also addressed the apparent the differing impact of Apple iOS changes on Facebook and Snapchat.
Following Ford's earnings miss, the stock price dropped despite a bullish outlook from the auto giant. Karl Brauer, an executive analyst with ISeeCars.com, joined Cheddar to break down why investors may not be sold on the carmaker because of the ongoing factor of supply constraints. "The product is not an issue. There's really good product coming from them, including the electric vehicle side, and the demand is not an issue. There's plenty of demand, but nobody really has a solid grasp on when we're going to get past the supply chain issue," said Brauer.
Image-sharing app Pinterest reported big beats on its Q4 earnings for the top and bottom lines. The social platform surprised investors after seeing a decline in users while earnings and revenue were much higher than expected.
Stocks closed at session lows Thursday, mostly due to a larger tech selloff after Facebook parent company Meta reported weak earnings results one day before. The Nasdaq closed down nearly 4% for its worst day since September 2020. Erin Gibbs, Chief Investment Officer at Main Street Asset Management, joins Closing Bell to discuss today's close, Meta earnings, Amazon earnings, and more
