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.
Despite challenges like inflation, labor and product shortages, and the Omicron variant, holiday sales saw record levels of growth this year, according to a new report from Mastercard SpendingPulse. The group reports on national retail sales across all payment types, finding that holiday sales rose at the fastest pace in 17 years this year. Mastercard senior advisor and former chariman and CEO of Saks Incorporated Steve Sadove joined Cheddar News' Closing Bell to discuss.
Keith Fitz-Gerald, chief investment officer at Fitz-Gerald Group, spoke to Cheddar about the growing competition for Tesla's electric cars in China as tech giant Huawei enters the race. "There's a lot of legacy worry, but that does not discount the possibility that Elon might have a contender on his hands," he said about the sometimes troubled telecom company. Fitz-Gerald also gave a nod to two other local rivals, Nio and XPeng, noting the latter as having something of an edge with its CEO He Xiopeng being lauded by Chinese state media.
