Strategy in TECH...
The 8K Association (8KA) is pulling out all of the stops to brightly project awareness of the growing 8K resolution ecosystem to all corners of the Colorado Convention Center in Denver, Colorado, during CEDIA Expo 2025 running from September 4-6, 2025. To do this, the association will employ a multi-faceted presentation and communication strategy that promotes the entire ecosystem from content creation and production to distribution, integration and viewing in the home.
On Monday, in an 8-K filing with the Securities and Exchange Commission, Masimo Corporation (Nasdaq: MASI) informed regulators that William Jellison, a member of the Masimo Board of Directors, has resigned his position as of that same day. No reason was offered as to why Jellison chose to leave his relatively new role with the company, presenting us all with a bit of a mystery.
Multiple sources over the last several weeks have reported that LG Electronics has decided not to exhibit at the upcoming 2025 CEDIA Expo, which begins in less than three weeks at the Colorado Convention Center in Denver, Colorado. While many industry people appear to be aware of this fact, most have no idea why the leading TV maker has made this decision.
Making what it calls a “renewed commitment to the American market,” Hamburg, Germany-based Velodyne Acoustics announced today that it has appointed Playback Distribution as its exclusive distributor for the U.S. market. The new partnership will kick off at the upcoming CEDIA Expo in Denver, CO, on September 4-6, 2025.
Sonos, Inc. (Nasdaq: SONO) released its financial results for the third quarter of Fiscal Year 2025, which included a double-digit percentage revenue decline and a significant net loss in the millions of dollars. Yet Sonos management declared victory with new CEO Tom Conrad calling the quarter a “…solid step forward for Sonos,” and CFO Saori Casey joining in by saying, “Q3 was another quarter of solid execution…”
Are we watching the same movie here?
Absoulute Audio Plus Video has announced it will open a new walk-in dedicated showroom filled with a wide assortment of high-performance audio and home theater gear in Aiken, SC. Absoulute (yes, that spelling is intentional) is a multi-location full-service dealer of fine audio and home theater gear, which will host a grand opening of its new Aiken location September 19 & 20, 2025.
Enigmatic, mercurial CEO Elon Musk confirmed to Reuters news that Tesla has signed a deal with Samsung Electronics to manufacture and supply Tesla’s next-generation AI chips, the AI6. The contract is said to be valued at $16.5 billion.
At the International Builders’ Show (IBS) in Las Vegas, NV, earlier this year, show organizers employed expert builders/craftsmen/tradesmen/and installers who conceived, designed, created, and built a new $15.5 million modern custom home designed to set the standard for luxury living in 2025 and beyond. According to organizers, “The New American Home 2025 is a statement of what’s to come in the world of residential architecture. Join us as we redefine the standard of luxury living.” Savant and the Savant Power system were a major part of adding the luxury experience to this home.
Sonos, Inc. [Nasdaq: SONO] announced today that its Board of Directors has decided to appoint Tom Conrad – current Interim CEO – as the new official Chief Executive Officer, effective immediately. Conrad, who was a member of the Board of Directors when it chose to dismiss previous CEO Patrick Spence, was named as the Interim CEO back in January.
It’s a bit of a mixed bag in new residential construction data published today, generally known as housing starts. In June, the seasonally adjusted annual rate (SAAR) of the start of new home construction jumped 4.6% over the revised May rate. However, this rate remains 0.5% lower than the rate of construction starts in June of 2024, one year ago.
