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.
Apple warned of a potential $8 billion future sales hit due to supply issues, but Dan Ives, the managing director of equity research at Wedbush Securities, noted that the record quarterly report the tech giant posted shows demand remains high for Apple products and services. Ives joined Cheddar to explain why investors should look past the warning. "In these types of markets where many are yelling fire in a crowded theater, you look at the demand trends because that continues to be the focus for Apple," he said "I think you combine that with the services. I view it as a defensive name. It's a Rock of Gibraltar stock in a Category 5 storm as well as also an offensive play as I believe we start to move out of some of these just brutal headwinds that we've been seeing in the market once the Fed rips the band-aid off."
Catching you up on what you need to know on April 29, 2022, with President Biden asking Congress for a $33 billion aid package for Ukraine, a shrinking GDP potentially leading to a recession, Beijing banning weddings and funerals while closings schools amid COVID, and more.
Airbnb will allow its employees to live and work almost anywhere around the world, fully embracing a remote work policy to attract staff and ensure flexibility.
Virtual care and digital medicine provider Biofourmis recently raised $300 million in a Series D round led by General Atlantic and with participation from CVS Health. Biofourmis offers at-home care and digital therapies backed by artificial intelligence, which can remotely monitor patients while they are at home. The company says it hopes its technology can improve patient outcomes while reducing the cost and burden of care. Kuldeep Signh Rajput, Founder and CEO of Biofourmis, joins Cheddar News' Closing Bell to discuss.
Dr. Michael Bottlang and Dr. Steve Madey, co-founders of WaveCel, join Cheddar Innovates to share their breakthrough in hard hat design that could have ramifications for protecting against head trauma across industries.
