Strategy in TECH...
Moody’s Investors Service is one of the world’s largest credit rating services that offers ratings used by many investors who target debt investing, such as buying corporate bonds or equity investors. Moody’s rating can literally impact – positively or negatively – the interest or coupon rate companies offer their debt at – and therefore can be critical. Recently, Moody’s published a credit rating decision on Wirepath LLC – the company behind SnapAV.
How did Moody’s rate SnapAV? Read on…
A global supply chain shortage of key semiconductors has hit automakers around the world hard, like the automatic braking solution on self-driving cars. The shortage is so severe that auto makers are literally being forced to close factories for weeks as they wait for their supply of chips. As the industry is trying to rebound from a tough 2020, this situation has become so painful, some manufacturers are turning to politicians – asking them to pressure chip manufacturers to prioritize shipments to the auto industry.
Famous New York Yankees catcher Yogi Berra once said, “Forecasting is very difficult, especially when it’s about the future.” Yet another wise saying from one of history’s most quoted sages. Even so, lately many regular Strata-gee readers (some of my favorite Strata-gists), have been asking me to do just exactly that – predict the future.
That is such a risky business…only a fool would take such a challenge.
On Monday, Samsung Electronics Vice Chairman Lee Jae-yong – also known as JY Lee, J. Y. Lee or Jay Y. Lee – was sentenced to 2½ years in prison for his role in a bribery and embezzlement scheme to influence the President of South Korea in order to increase his share and power in the company. This development is big news in Korea. Samsung Electronics, part of the Samsung family of companies that is the largest conglomerate in South Korea, by itself represents almost 20% of the entire value of all exports from Korea.
“Please join us in looking forward as we continue to evolve as a ‘creative entertainment company,'” said Kenichiro Yoshida, Sony Chairman, CEO and President to kick off Sony’s presentation to the media on CES 2021’s press day this past Monday. It was a carefully crafted opening, with words of particular significance that contrasts strongly with previous company characterizations. Sony is changing.
Has the train jumped the tracks? Or has Sony hit the hyper-drive taking us to a new and exciting unexplored planet?
AudioControl announced this week that it has named Ashley Kay as its new Director of Customer and Technical Services. This is a newly created role at the company and represents a meaningful upgrade in customer and technical support capabilities at the specialty mobile and residential electronics manufacturer.
For many, if not most of us, 2020 turned out to be one of the most challenging years we have ever faced. Blissfully unaware, we entered the year in January expecting a year much like those of the past. Little did we know that we were just eight weeks away from entering the topsy-turvy world of pandemic mania.
I recently ran across a great, thought-provoking article in the MIT Sloan Management Review called “Nine Leadership Lessons 2020 Gave Us” in which author Ally MacDonald spoke with several top leaders about 2020. Their question to these leaders: In what ways did 2020 test leaders, and what are the lessons to be learned.
I’m sorry to report that we have some sad news out of Crestron today. On Tuesday, the company announced its long time Chief Technology Officer, Fred Bargetzi, has died. Viewed by many to be a key component of the success of one of our industry’s most respected technology companies, colleagues are said to be “in shock.”
I can hardly believe I’m saying this, but thanks to Strata-gee’s amazing readers, both long time subscribers and many, many new converts, Strata-gee had its biggest year ever in 2020! The data are clear and unequivocal, pageviews this year were not only greater than last year…they exceeded it by a margin far greater than I could have ever dreamed possible! And that’s just one example of surprisingly positive stats in Strata-gee’s 2020 results in the wake of a branding and web presence overhaul.
The judge hearing the matter of the bankruptcy filing of Guitar Center, Inc., parent company of custom integration company Audio Visual Design Group (AVDG), has accepted the organization’s plan to reorganize operations in order to emerge from bankruptcy. With this move by the court, the stage has been set for Guitar Center to exit from bankruptcy proceedings soon, perhaps any day now.
