A new report by The Information has roiled Amazon, punching a hole in the concept that users of their Alexa-powered smart speaker devices will use them to buy billions of dollars of goods through voice ordering. According to sources from inside Amazon, the company is disappointed that only about 2% of users of their devices use them for voice-enabled shopping – a result that throws shade at the company and industry analysts who predicted a tsunami of voice-powered purchases. The company’s spokesperson disputes the report.
Archives for August 2018
SEC Rejects Monster Cryptocurrency Filing, Notes ‘Serious Deficiencies’
Monster Changes: Prez/COO & Auditor are Terminated, Three-Man Board is Now Only One
In June, after significant outreach by many Strata-gee readers, we posted our take on the Monster Products, Inc. (Monster) S-1 filing with the Securities and Exchange Commission (SEC) in which Monster sought to launch its own Monster Money cryptocurrency in a major shift in the company’s direction. This SEC filing by Monster was at the end of May, and our story [see: Is Monster Money a Massive Mistake?] was posted June 13th.
We have just discovered that days after our story appeared, Monster received an SEC staff letter dated June 15th titled “SERIOUS DEFICIENCIES.” But that’s not all we discovered…
See more on Monster’s S-1 rejection and other major news we’ve uncovered… [Read more…] about SEC Rejects Monster Cryptocurrency Filing, Notes ‘Serious Deficiencies’
Control4 Announces Appointment of Charlie Kindel, ex-Amazon
BREAKING NEWS
Former Head of Amazon Smart Home Org. to be
SVP of Products & Services for Control4
Control4 Corp. announced today that it has appointed Charlie Kindel, an ex-Amazon executive in charge of their Alexa project, to fulfill the role of Control4 Senior Vice President of Products & Services. Kindel is replacing Eric Anderson, who announced his retirement recently after holding the same role since 2012.
See more on Kindel joining Control4…
[Read more…] about Control4 Announces Appointment of Charlie Kindel, ex-Amazon
Transformative Engineering Earns DPL Seal on HLE-4K
Transformative Engineering, an innovative black box solutions provider, announced today it has been awarded a DPL Labs Seal of Approval for its model HLE-4K, an HDMI 2.0 extender. The company says this is the second Seal of Approval its products have been awarded by DPL Labs, a testing and certification organization.
See more about Transformative Engineering’s HLE-4K… [Read more…] about Transformative Engineering Earns DPL Seal on HLE-4K
Creditor Infighting Could Jeopardize Gibson Bankruptcy
Multiple creditors are fighting a pitched battle over the Chapter 11 bankruptcy plan worked out between Gibson Brands and their major debt holders and submitted to the Bankruptcy Court. Some of this was to be expected, as there was a large pool of unsecured creditors who did not participate in the pre-bankruptcy negotiations. But now, even one of the secured creditors – a power player in their own right – has turned on the other secured creditors, joining in with the unsecured creditors and potentially jeopardizing the whole plan, according to a report by the Nashville Post.
