Airpods are now sold out for the holidays at Apple Stores. Macworld Staff Writer Michael Simon explains why this tech accessory is now resonating with consumers.
Apple struggled at first to capture the attention of the market with its cordless Airpods. Simon says it is typical for Apple to create demand for products on surface that don't seem revolutionary at first. Then people use them, word spreads, and all of a sudden everyone wants them.
Rumors surfaced on Tuesday Apple will release a new, more expensive Airpod model in 2018. Simon says little detail has been reveal. Simon expects to see a slightly smaller "neck" on the accessory, and potentially some new colors. Simon also says he'd like to see a true Siri integration with the Airpod in the future.
Jarrod Loadholt, Partner at Ice Miller, joins Cheddar News' Closing Bell, where he breaks down the latest proposal by the SEC and explains how it could allow the agency to make major regulatory moves within the cryptocurrency space if approved.
Personal data platform Caden raised $3.1 million in pre-seed funding. Caden says its service allows users to have complete control over their data and earn a profit from it by sharing certain data with trusted brands, while never relinquishing ownership. The company also says its goal is to transform the internet and the use of personal data and make a better system for both consumers and brands. Caden founder and CEO John Roa joins Cheddar News' Closing Bell to discuss.
Consolidation has been transforming the industry for at least the past two years, but much of the activity was happening in the background. That all changed in the past month.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
For Meta, the sell-off marks another failed attempt by the social media giant to reinvent its core business model. What it means for other stablecoin projects, however, is still an open question.