we spoke with arm holdings ceo simon segars from ces earlier today and asked how concerned consumers out these issues. simon: clearly, the security issues are quite serious, quite fundamental about the way that microprocessors have been designed for many years, decades in fact. and it is really important that people understand that, as security updates get pushed out to their devices, it's really important that they get installed, that the software gets updated to provide maximum protection against what some person might do in trying to exploit these laws. -- these flaws. it is a very serious issue, one we are taking seriously. we are thinking about how to design and mitigate against issues such as this. we are working closely with our partners to make sure that the software mitigations are developed over a series of months are distributed that , people are using them, that people are installing them correctly, and that we can provide a maximum safety to any user of our electronic systems. emily: how long before remedies are fully in place? simon: i think it's going to depend on which

our conversation with arm holding ceo simon segar.lus, highlights from the coverage on the ground at the consumer electronics show. in the next hour, you will hear from the ceo of nissan and sony's ceo. and gopro takes a dive. we speak with ceo nick woodman after the company cuts its forecast and slashes jobs. first, to the lead. the continued fallout over the microchip security flaw affecting nearly all work devices. this week, microsoft said fixes for the vulnerabilities may significantly slow down servers and personal computers. in a blog post on tuesday, the company suggested they could be more substantial than intel previously indicated. microsoft is also temporarily suspending some updates to windows operating systems that use chips that are freezing or not putting up. monday night at ces, the intel ceo tried to reassure people that their data would be safe. >> the security is job number one for intel and the industry. so the primary focus of our decisions and discussions have been to keep our customers' data safe. as of now, we

our conversation with arm holding ceo simon segar.e on the ground at the consumer electronics show. in the next hour, you will hear from the ceo of nissan and sony's ceo. and gopro takes a dive. we speak with ceo nick woodman after the company cuts its forecast and slashes jobs.

our conversation with arm holding ceo simon segar.hts from the coverage on the ground at the consumer electronics show. in the next hour, you will hear from carlos ghosn, ceo of nissan, and sony's ceo. and gopro takes a dive. we speak with ceo nick woodman after the company cuts its

we're going to have much more tomorrow, the first interview with simon segars.i want the robe robot to clean out the linen closet and vacuum it for me. good stuff, good to see you. >>> look at this story we're bringing to you, 130 companies and counting plowing that republican tax cut back into things like jobs, bonuses, more 401(k) contributions and look at this, even lower gas & electric bills, we're talking petco, also baltimore electric, lowering customer bills? banks giving out more savings rates. higher savings rates, cheaper mortgage costs. eli lilly saying maybe more successful cancer research. let's listen to what jamie dimon said, he said more r&d as well, taking a check of the stocks, eli lilly did close in the red. let's bring in dr. mike on this. so more cancer research, dr. mike. dr. mike -- how do you say your name here? varshavski? >> varshavski, yes. liz: what do you think of eli lilly here? >> i always get excited what when we talk about more r&d especially in the field of oncology. i unfortunately lost my mom to cancer when i was in medical sc

emily: that was arm holdings ceo simon segars.pple is facing a french criminal probe on that is a company deliberately slowed battery performance on older iphones. this follows allegations from consumer groups. a preliminary investigation began last week for "programs and deceit." and here in the u.s., a member of congress is also speaking out. johnson wrote a letter -- john ume wrote a letter asking about how apple is handling customer complaint. he says he was disappointed with their response. >> we just think they have been sufficiently transparent. there are a lot of customers and consumers who have noticed the changes in some of these apple devices and the fact that they would have these devices degraded in terms of capability without them knowing why i think is what you're trying to get. emily: more news for apple, an activist investor is purging apple to create ways for parents to restrict children's access to their mobile phone. they want the company to study the effects of major usage of mental health. -based field of mes

simon segars of arm holdings told me at consumer electronics show two days ago they knew back in junethe one issue that becomes a major story here is that counterterrorism and terrorism may be at odds at this moment because they didn't tell the government. intel, applied materials, amd and arm, how big a security issue is this going to become? >> i think there are a lot of security issues related to what we would call firm ware, how you would use with chips. i believe that the government is aware of a great many vulnerabilities that go beyond microchips, related to memory, related to the very fundamentals that underlie many of the computers and technology we're using today. i think that what this has raised as it has been disclosed has been the criminal element, before it was, yes, a national security issue. if a nation-state is able to attack us in any form, that's a national security issue. now it's out in the open. criminals, low-level hackers, can take advantage of that too. liz: eric, short of a gut read design, is there anything you believe government offices which are operating

and liz claman caught up with simon segars, leading 100 billion chips, powered by arm, shipped across the seas. arm providing the architecture essentially that thousands of other companies use to build their own chips. in a first on fox business interview, here's what the man behind the number one ecosystem provide her to say about the threat facing his industry. liz: what's the latest with the chip flaw discovered? the meltdown and the spectre, tell the viewers what's going on here? >> issues we became alerted to last year, thanks to research that's been going on. what we did was get together with our partners and work out with urgency how to address the issue, how serious it was, how evasive it was and how to working to the get mitigating software to make sure the devices arz safe as they can possibly be. it will have a new class of security that has been discovered here and changes the definition what safe means. liz: you said last year. intel found out about it or released it to the world last week. we all just heard about the meltdown and spectre. >> this was the middle of last y