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Investigators: Toshiba Over-Inflated Profits; Top Execs Knew

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BREAKING NEWS

Company Schedules Press Conference Tuesday; President Expected to Resign

Toshiba FacilityThe Japan Times is reporting today that investigators looking into potential accounting malfeasance at Toshiba Corp. for the five-year period ending March 31, 2015 have released summary findings that confirms that the company management was directly involved in misreporting profits. The news exploded in Japan, as one of its most venerated companies has lost all credibility.

The company has scheduled a press conference for Tuesday in which it is widely anticipated that Toshiba’s President Hisao Tanaka will resign.

But the damage to the company, doesn’t end with Tanaka…see more… [Read more…] about Investigators: Toshiba Over-Inflated Profits; Top Execs Knew

5 Complaints Employees Have About Their Leaders

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Complaints by employeesNew research from Interact/Harris offers a cautionary tale on the risks to companies from a breakdown in communications between bosses and their employees, according to an analysis by the Harvard Business Review. Success is often contingent on efficient execution from well-directed teams. But when communication breaks down, all bets are off.

See more on the importance of keeping your team on the same page… [Read more…] about 5 Complaints Employees Have About Their Leaders

After 1-Year Delay, Artison Ships Pint-Sized Powerhouse

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Artison logoArtison announced last week the availability of a new freestanding subwoofer called the RCC Nano 1. This seemingly mighty miniature looked appealing on several fronts and we were curious to learn more. We read the release with interest…something about the Nano looked and sounded familiar to us. Then we remembered…we’ve seen it before!

See where we – and our loyal readers – saw the remarkable Artison Nano before… [Read more…] about After 1-Year Delay, Artison Ships Pint-Sized Powerhouse

Stressing the Industry, LCD Panel Prices Collapse 10% in 2015

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Photo of LCD panel

In a sign of continuing struggles in the TV business, reports out of Japan indicate that LCD panel prices continue to decline. So far in 2015, the average price of LCD panels have dropped 10%…and show no sign of slowing down.

See what’s driving the decline in sales of LCD panels… [Read more…] about Stressing the Industry, LCD Panel Prices Collapse 10% in 2015

Toshiba’s Troubles Hit Tipping Point

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BREAKING NEWS

Reports Say CEO is Out; Board of Directors Faces Massive Overhaul

Toshiba logoWhen Japan Prime Minister Shinzo Abe announced an initiative to tighten up corporate oversight he couldn’t possibly have known that his administration’s first catch might be his biggest – Toshiba Corp. Toshiba, one of the largest and most respected companies in Japan, is being investigated for what many sources are calling one of Japan’s worst accounting scandals.

See what is coming for this titan of Japanese industry… [Read more…] about Toshiba’s Troubles Hit Tipping Point

SpringDeck Appoints Staub Electronics as Rep for Canada

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SpringDeck logo

SpringDeck announced today that it has appointed Staub Electronics as its representative for the Canadian market. Staub is both a sales representative firm and a specialty distributor and covers the entirety of Canada in both the custom integration and mobile electronics markets.

Learn more about SpringDeck and Staub Electronics…

[Read more…] about SpringDeck Appoints Staub Electronics as Rep for Canada

Apple Watch Sales Drop 90% Since Intro

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Photo of Apple Watch
Photo: REUTERS/Robert Galbraith

It is not unusual for a hot new product to launch with huge demand, only to see unit sales taper down to more sustainable levels after the initial launch demand is fulfilled. Surely, Apple, Inc. was expecting just this type of behavior after the launch of their long-awaited Apple Watch wearable. However, new data from Slice Intelligence shows that sales of the Apple Watch have plummeted by 90% – an amount well beyond Apple’s typical experience.

See more on this surprising sales curve for this new Apple product… [Read more…] about Apple Watch Sales Drop 90% Since Intro

TiO Gets Down to Business; Launches ‘Grow Your Business Tour’

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TiO logoThe folks at Anuva Automation, maker of the TiO wireless home automation solution, are getting their act together and taking it on the road – launching what they call the “Grow Your Business Tour” for dealers around the country. Kicking off today at the Anuva Innovations center in Raleigh-Durham, NC, the GYB Tour will hit 10 major markets between now and September 23rd.

See the schedule & more on this significant dealer expo and training event… [Read more…] about TiO Gets Down to Business; Launches ‘Grow Your Business Tour’

Is It You? The 25 Highest Rated CEOs in America

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Image from Glassdoor websiteAs Rated by Their Employees

Glassdoor, the online jobs and careers site, released last month their latest annual Highest-Rated CEOs rankings based on votes by employees. Not only is the ranking based on employee votes – this is the only criterion used for the ranking. Employees are allowed to vote anonymously through the Glassdoor website and the voting process is held open for an entire year.

Who tops the list? Is tech represented? See the results below… [Read more…] about Is It You? The 25 Highest Rated CEOs in America

Hi-Res Audio: On the Fast-Track or Stuck in the Mud?

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CE Week logoAs we mentioned in our CE Week overview, the Digital Entertainment Group (DEG) held a panel discussion on the current status of the high-resolution audio market (Hi-Res Audio) much like they did last year. It was conducted in much the same way, with essentially the same panel (minus any supporting hardware manufacturers) and, with a couple of exceptions, covered pretty much the same ground.

So where is Hi-Res Audio at? Read on… [Read more…] about Hi-Res Audio: On the Fast-Track or Stuck in the Mud?