The Chinese government has targeted artificial intelligence (AI) as a technology they want to dominate globally. They are pouring billions of dollars annually into AI development and directing universities to focus on the technology in all of their fundamental research. … Continue reading
A Negative Financial Report & a New Wisconsin Governor Add to Headaches No doubt about it, Apple Inc. supplier Foxconn has had a really bad week. First, last Tuesday Wisconsin voters kicked Republican Governor Scott Walker out of office, replacing … Continue reading
When we last left Tivoli, the company created many years ago by Tom DeVesto who is now the CEO of Como Audio, it was 2015 and they had just been sold by one private equity company, with the help of … Continue reading
Onkyo Corporation, parent of the Onkyo, Integra, and Pioneer AV brands, is expanding its OEM business unit to help build its business and offset losses it has experienced over the last five years, according to a report by the Nikkei … Continue reading
DTS announced this week that is has signed on International Audio Group (IAG), parent company of Mission and QUAD, as a new hardware partner in the DTS Play-Fi whole-home audio ecosystem. IAG joins a growing sphere of major brands supporting … Continue reading
In Restructuring, Company Scales Back to ‘Core Competencies’ All the way back in 2012, Onkyo Corp. and Gibson Guitar Corp. came together to partner in what both hoped would become an entity where the whole was greater than the sum … Continue reading
We have been closely following – first Gibson Guitar and then Gibson Brands – from their decision in 2012 to shoot for the stars by using OPM (other people’s money) to make highly leveraged…and highly questionable…acquisitions of various consumer electronics … Continue reading
Founded in 1894, it is a mark of their long-term brand success that Gibson has become such a large and far-flung international organization. In a cursory review of documents submitted to the court as part of their bankruptcy filing shows, … Continue reading
Big Raises and Record Bonuses for Sony Employees in 2018 Sony Corp. is said to be planning to raise their employees pay rates by a very substantial 5 percent – and to pay record bonuses, according to a report by … Continue reading
Fully Recharge Batteries in Just 12 Minutes Korean media is touting a major breakthrough in battery technology from the Samsung Advanced Institute of Technology (SAIT) called graphene ball. Said to dramatically improve both charging capacity and charging speed, the breakthrough … Continue reading