Just a couple of weeks after we reported on GoPro’s recall of thousands of defective Karma drones and other business problems, now comes word that the company is in the process of cutting more than 200 jobs, or about 15% of its total workforce, amid a sales decline. The company has also decided to shut down its Entertainment division and rededicate itself to its core wearable camera business.
Happy Thanksgiving
The Essential Four “Fs” of Life,
The holidays are upon us and this is a great time to take a moment and reflect on the important things in life… [Read more…] about Happy Thanksgiving
Leon Dresses Up SONOS with Gorgeous Woodwork
Ann Arbor, MI-based Leon Speakers, known for their high-end A/V solutions that juxtapose the drama of art with the pinnacle of sound, announced this week that they have launched a line of wood trim encasements that bring the warmth of richly detailed woodgrain to the normal gray and black boxes of popular SONOS brand speakers. Known as Tonecase Hardwood Cabinets, Leon manages to bring a new form of richness to SONOS- a visual one.
See more on the new Leon Speakers Tonecase for SONOS… [Read more…] about Leon Dresses Up SONOS with Gorgeous Woodwork
CTA Predicts Record Black Friday Week
Nearly 50% of the Entire U.S. Population Will Buy Tech Then
In a very bullish release from the Consumer Technology Association (CTA), the organization predicts that nearly half of all consumers in America (47%) will buy a technology product during Black Friday week, based on a newly completed survey. That result means 116 million Americans will buy tech – ten percent more than last year.
See more on this CTA survey, including what consumers will buy… [Read more…] about CTA Predicts Record Black Friday Week
A Tale of Two Japans – Toshiba & Japan Display
Two stories out of Japan caught our attention and, to our thinking, combine to show that Japan’s tech industry is still not yet out of the woods. The first story, by the Japan Times, says that troubled Toshiba’s half-year fiscal results show that their profits have now tripled. The second story, also from the Japan Times, announced that Japan Display will be laying off thousands of employees – almost a third of their workforce.
See more on these two dramatically different stories of a still-troubled Japan… [Read more…] about A Tale of Two Japans – Toshiba & Japan Display
James Loudspeakers Launches Giant Outdoor System
Looking like a giant modern sculpture of industrial art made out of marine-grade, black powder-coated aluminum, we first told you about James Loudspeaker’s Modular Indoor/Outdoor Theater back in August when the company previewed it to a small group of journalists there for a factory tour. Designed to be a freestanding, all-inclusive, high-performance outdoor theater, the MIOT was a brute, conceptually, visually, and sonically. Now the company is officially launching the product to the custom integration channel.
Read why you should consider installing James’ Modular Indoor/Outdoor Theater… [Read more…] about James Loudspeakers Launches Giant Outdoor System
Startup TRXio Joins HTSA to Drive Growth
Startup software provider TRXio announced this week that it has joined Home Technology Specialists of America (HTSA) and fully participated in the organization’s Fall Conference last month in Chicago. The move is seen as another step on the road to greater awareness and acceptance of the company’s prime offering – inventory tracking software.
See more on TRXio and this new association with HTSA… [Read more…] about Startup TRXio Joins HTSA to Drive Growth
CT Lab Launches CEMBLY- New Mag & Website
New Concept Mag Blends Technologists, Architects, Interior Designers & Builders
CT Lab, which is associated with NAPCO Media, publisher of Dealerscope and Technology Integrator, announced today that it is launching a new magazine and website call CEMBLY. CEMBLY, which the company describes as “an ambitious project,” is largely a business-to-business magazine that will target home technology professionals, interior designers, architects, builders, and building designers. The idea is to blend technology, with design, with dramatic home installations.
See more on CEMBLY… [Read more…] about CT Lab Launches CEMBLY- New Mag & Website
GoPro’s Stock Crashes as It Recalls Karma Drones
GoPro Inc., the individual sport camera maker who has recently diversified into the drone category, has lately seen their fortunes rise and fall…but mostly fall in the wake of their announcement that it would recall about 2,500 of their recently launched Karma drone. The news sent their stock price into a steep dive of more than 4% of its value.
See more on GoPro’s drone troubles… [Read more…] about GoPro’s Stock Crashes as It Recalls Karma Drones
OLED Universe is Expanding, Chinese Makers Plan Multiple Factories
In news coming out of Asia, multiple Chinese panel makers are planning to build large production factories making OLED panels – mostly for the smartphone market. Motivated in part, by Apple’s commitment to the technology, companies like BOE Technologies – China’s largest panel manufacturer – has announced plans to launch an OLED factory capable of producing 10 million smartphone panels per month.
