Tech Bytes: Samsung stock soares to three year high

Tech Bytes: Samsung stock hits 3-year high

In today's Tech Bytes from ABC News: Samsung's stock price hits a 3-year-high, A new CD Cacette player is hitting the marketplace, and Nike is discontinuing it's self-lacing shoes.

Good numbers for samsung, thanks to AI. The company’s shares are at their highest price in three years. Second- quarter profits jumped nearly 1,500% over last year. Financial experts credit a major jump in the demand for AI.

A new life for your old 80’s mix tapes. Fiio has announced a new portable cassette player. The CP-13 can run for 13 hours of battery life once fully charged. It also has an all- analog circuit to reproduce that old- school cassette sound.

Finally, Nike is discontinuing its line of adapt self-lacing sneakers- inspired by “back to the future.” And the app that controls the $350 shoes is going away too. Without the app – owners can still use the physical buttons on the sneakers to power them on and loosen the laces. But they would no longer be able to adjust the lighting.