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Hands-On Battle in Clash of Remote Control Titans; URC Claims Victory

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But UEI Says ‘It is Not Over’

URClogoFor the last couple of years, there has been a running court battle between two of the titans of the remote control category: Universal Electronics, Inc. (UEI) and Universal Remote Control, Inc. (URC). Today, one of them, URC, announced victory in the first of two pending patent infringement lawsuits that was originally filed in 2012.

URC claimed a complete victory – but Strata-gee.com has received a statement from UEI who says, in effect, not so fast – this dispute is far from over.

See what URC claims the court said…and why UEI cautions not to jump to conclusions… [Read more…] about Hands-On Battle in Clash of Remote Control Titans; URC Claims Victory

NY Times Launches Blistering Critique of LG; Says New U.S. HQ is a ‘Public Shame’ & a Reminder to ‘Shop Samsung’

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Photo of LG HQ protesters
LG’s new HQ project protesters.

We told you a few days ago about a rising chorus of opposition to the construction of LG’s new 143-foot tall U.S. headquarters in Englewood Cliffs, NJ – a borough which borders on a lush, green, wooded area of the state known as the Palisades – a National Natural Landmark. Now, in a scathing “Critic’s Notebook” article in Saturday’s New York Times, Michael Kimmelman compares how Samsung – also building a new headquarters building in San Jose, CA – took steps to be a good corporate citizen and fit in with the community…versus the approach by LG, “…a lousy neighbor.”

A critique of building design, the article didn’t pull any punches in thoughts about LG… [Read more…] about NY Times Launches Blistering Critique of LG; Says New U.S. HQ is a ‘Public Shame’ & a Reminder to ‘Shop Samsung’

Environmental Group Raises Stakes to Stop LG’s New US Headquarters

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Photo of protesters of LG project
Photo: Star Ledger

A group of concerned citizens and several environmental groups have banded together to form an organization known as the Protect the Palisades group in an effort to stop LG Electronics USA from building a new headquarters tower in an area of New Jersey called the Palisades. The Palisades is a large wooded area that spans parts of Northern New Jersey and Southern New York, and it borders on the picturesque Hudson River. It is famed for its wild and natural beauty – and it is a U.S. National Natural Landmark.

Now, the Palisades group has raised the stakes in its fight to stop LG, which has already broken ground on the disputed project… [Read more…] about Environmental Group Raises Stakes to Stop LG’s New US Headquarters

Caught! Samsung Investigated for Placing Fake Reviews on the Web

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Photo of girl caught with hand in cookie jarSamsung Electronics Co., one of the fastest growing and most popular electronics brands in the world, is the subject of an investigation by the Taiwan Fair Trade Commission that is acting on tips it received that the company’s marketing department has allegedly been placing, or contracting for, fake reviews on the web. These reviews, which were said to be positive on Samsung products and negative on Samsung competitors, were not visibly identified as paid or sponsored reviews.

See what Samsung meant when it said this was a simple case of “insufficient understanding”… [Read more…] about Caught! Samsung Investigated for Placing Fake Reviews on the Web

Did Vendors Force Electronics Expo into Bankruptcy?

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Image from Electronic Expo websiteIn a series of filings associated with the Chapter 11 voluntary bankruptcy filing by Wayne, NJ-based Electronics Expo, we are learning new details on the slippery slope the company found itself facing in 2012 – a slope that landed them in court, seeking protection from creditors. The filings included an affidavit from company Managing Member and President Levent (known as Leon) Temiz that said circumstances left them with “no alternative but to conclude that a reorganization under Chapter 11 was the best way to stabilize the Debtor’s financial condition and maintain sufficient flexibility to restructure its debt while continuing to operate its business.”

What were the factors that drove Electronic Express to bankruptcy?… [Read more…] about Did Vendors Force Electronics Expo into Bankruptcy?

Tech Data Must Restate Financials for Last Three Years

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BREAKING NEWS

Tech Data logoClearwater, FL-Based Tech Data Corp. said today that it will restate some of its financial results for the period of time covering the fiscal years of 2011, 2012, and 2013. According to the company, it has discovered “improprieties” with how its U.K. subsidiary reflected vendor accounting.

See more on this surprising announcement…find out how big the impact will be… [Read more…] about Tech Data Must Restate Financials for Last Three Years

CEDIA’s Seer was Right – Driverless Car Moves One Step Closer to Reality

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Photo of Dr. Michio KakuAt the CEDIA Expo in Indianapolis earlier this month, the event’s keynote presentation was by the well-known physicist, author, and TV personality Michio Kaku who presented his rather dramatic view of the future – complete with a rash of technology predictions. Kaku’s presentation covered a lot of ground including military technology, the home of the future, the office of the future, future medical technology, and even the future of car technology.

Today, we found out that at least one of Kaku’s predictions is coming closer to reality, faster perhaps than even he imagined… [Read more…] about CEDIA’s Seer was Right – Driverless Car Moves One Step Closer to Reality

Former Retail Shining Star Vann’s Declares Bankruptcy

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Vann's LogoBased in Missoula, Montana, Vann’s Inc. has been a shining star of the retail business – for years a hearty player in a rugged part of the country where only the strong survive. Founded in 1961 by Pete Vann, the company has steadily grown over the years – adding locations, diversifying retail formats, and even expanding into online sales. But signs of stress began to emerge this year with the company closing one location in February, then replacing long-time CEO George Manlove in June with a CEO from outside the company, losing the support of a key lender in July, and finally declaring bankruptcy just a little over one week ago.

How did this all happen?…. [Read more…] about Former Retail Shining Star Vann’s Declares Bankruptcy

Gibson Guitar Admits It Broke the Law; Settles with DOJ to Avoid Criminal Prosecution

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500px-Gibson_logo.svgGibson Guitar Corp., a manufacturer of musical instruments and significant shareholder in Onkyo Corp. and majority owner of Onkyo USA, has entered into a “Criminal Enforcement Agreement” with the U.S. Department of Justice settling matters and circumstances surrounding government allegations of their illegal purchase and importation of woods and materials protected by environmental regulations and laws. As part of their settlement, Gibson admits the government’s allegations are true, agrees to pay a penalty of $300,000, agrees to an additional “community service” payment of $50,000 to the National Fish and Wildlife Foundation, implements a strict compliance program (approved by DOJ enforcers) to prevent future violations, and relinquishes claim to more than $260,000 worth of government-seized illegally imported materials. [Read more…] about Gibson Guitar Admits It Broke the Law; Settles with DOJ to Avoid Criminal Prosecution

Third Time’s the Charm? Colorado vNet – Now 3vNet – Certainly Hopes So

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BREAKING NEWS

3vNet LogoColorado vNet, the high-tech control and home automation company that has had an up-and-down roller-coaster existence – dying twice, only to be reborn twice – and eventually given-up on and sold off…hopes that the old adage, “third time’s the charm” is true. CEO Mike Anderson announced today that he is re-launching the company with a new brand – now 3vNet – and a new attitude, telling us that this is not a makeover, but in fact a whole new company with new facilities, new engineering, and a new higher level of tech support the likes of which dealers haven’t seen in years.

See what the all-new  3vNet has in store to excite dealers & drive market share…

[Read more…] about Third Time’s the Charm? Colorado vNet – Now 3vNet – Certainly Hopes So