Apple was forced to release its newest update over the weekend due to an issue with phones crashing and rebooting. Sean Aune, Editor-in-Chief of Techno Buffalo, and Michael Simon, Staff Writer for PCWorld, join Cheddar to discuss the root of Apple's problem.
Both say it had something to do with particular app technology, not the phone itself. However, this forced Apple to release the 11.2 beta 6 update prior to the scheduled launch date. Simon and Aune discuss whether or not all these updates will discourage people from buying the iPhone.
Plus, the newly released upgrade introduces Apple Pay Cash. This will allow funds to be drawn from a linked credit or debit card and sent in the form of a 'cash card.' Aune & Simon talk about the compeitition with Venmo and Square.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
