What Consumers Need to Know About Intel's Chip Flaw
Intel facing scrutiny after two major security flaws were exposed last week in its computer chips. The technology giant is issuing patches in a series of software updates. Washington Post Technology Reporter Brian Fung explains what consumers need to be aware of.
"It's a pretty big deal," says Fung. "This was a flaw not found for roughly two decades. This essentially goes to the heart of every computer that is in existence today."
Right after Intel disclosed old chips have vulnerabilities, the company introduced a new chip with AMD. Intel CEO Brian Krzanich will be delivering the keynote speech at 2018 CES in Las Vegas, NV Monday night.
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
Spotify beat fourth quarter earnings expectations, and also reported a jump in monthly active users and in paid subscribers. The report comes as the company grapples with a new question: is it simply a streaming platform, or is it a media company responsible for the content it posts, like Joe Rogan's controversial podcast? Greg Martin, Co-Founder of Rainmaker Securities, joins Closing Bell to discuss why the stock took a hit even though earnings results were positive, how the company can move forward through the Rogan controversy, and more.
Chen Arad, Chief Operating Officer for Solidus Labs, joins Cheddar News' Closing Bell, where he explains why Wormhole was particularly vulnerable to a $320+ million crypto hack and discusses what new investors need to do in order to protect their assets.
