The UK is pinning the blame on Russia for the "PETYA" cyberattack that crippled firms, including FedEx and Merck. Stu Woo, Reporter at The Wall Street Journal, joined us to break down the implications of the claim.
This is the first time a major Western government has accused Russia for being responsible for the cyberattack. When the attack first happened, Ukraine bore the brunt of the attack and pointed the finger at Russia. Woo said there a couple of options for a U.S. response. He said economic sanctions and a retaliatory cyberattack are in the cards.
Woo said it is extraordinary for Trump Administration to come out and accuse Russia of cyberattacks in light of the possibility that Russia interference may have aided Trump's 2016 election victory. Russia has denied meddling in the U.S. and U.K. elections.
Arkansas corporations, private investors and the government are coming together in the hopes to make the state a global leader in the future of transportation. Governor Asa Hutchinson joined Cheddar News to relay the council's plans. "I created the Council on Future Mobility to look at expanding drone delivery, to be able to utilize autonomous or driverless vehicles in delivery, and then also to be able to look at the future and whether you can have driverless or flying cars that can be imagined," he said. Hutchinson also stated that the council will take the safety measures needed before bringing along potentially unsafe tech.
Ford is reportedly considering separating its Electric Vehicle business from its other operations, in hopes of it becoming even more valuable as the company shifts toward electric vehicles. Dan Ives, Managing Director of Equity Research, Wedbush Securities joined Cheddar's 'Opening Bell' to discuss where the company stands in the race toward electrification.
Hertz is teaming up with UFODRIVE, a self service electric vehicle rental company, as part of its commitment to lead the future of mobility. Based in Europe, UFODRIVE is the first all-digital all-electric car rental service controlled from an app. Jayesh Patel, senior VP of corporate strategy at Hertz, joined Cheddar's Opening Bell to discuss the partnership and how it will propel the transition to electric vehicles.
Equip is a virtual treatment platform for eating disorders, and recently raised $58 million in a Series B round led by The Chernin Group. The company aims to revolutionize treatment for eating disorders by delivering virtual care teams and clinical expertise directly to families' homes. Equip says the need for its platform has only been exacerbated by the COVID-19 pandemic. The National Eating Disorder Association's helpline has had a 107% increase in contacts since the start of the pandemic. Kristina Saffran, CEO and co-founder of Equip, joins Cheddar News' Closing Bell to discuss.
Roku shares dropped during Friday's session after the streaming company reported Q4 revenue on Thursday that missed expectations, and disappointing guidance for the Q1 of 2022. Tuna Amobi, director and senior analyst at CFRA Research, joins Cheddar News' Closing Bell to discuss what it means for investors and the company's future.
