Shelly Group AD (formerly Allterco Robotics), a maker of a range of task-specific IoT devices and smart building solutions under the Shelly brand, announced today that it is launching a new Gen3 series of devices at the upcoming Consumer Electronics Show 2024. Shelly offers an innovative line of devices primarily targeted at the DIY hobbyist market, but devices that are increasingly being embraced by integrators as handy problem solvers in the field.
Technology
Apple Watch Ban Takes Effect as White House Declines to Veto USITC Action
Apple Files Emergency Request to Appeals Court to Halt Ban
UPDATE: See the latest news that broke the day after this story was posted at the bottom of this story…
The Masimo vs. Apple saga continues as the ban on Apple Watch models that the U.S. International Trade Commission (USITC) declared infringed on multiple Masimo Corp. (NASDAQ: MASI) patent claims is now in full force as the Biden Administration declined to veto the USITC decision. Apple’s (NASDAQ: AAPL) hopes for a presidential intervention countermanding the USITC ban from taking effect were dashed as the Presidential Review period expired at the end of Monday – yes, Christmas Day – with no action taken by the White House.
Speaking for the Biden Administration Tuesday morning, Katherine Tai, the U.S. Trade Representative said the government “decided not to reverse the ban following careful consultations.” With that, the Apple Watch ban took full effect.
See more on what happens now in this Masimo vs. Apple patent battle
[Read more…] about Apple Watch Ban Takes Effect as White House Declines to Veto USITC ActionMasimo vs. Apple – An Unusual Wince of Pain as Tech Giant Pulls Watch Off Market
Apple Inc. (NASDAQ: AAPL) announced that this week it was preemptively removing certain models of its Apple Watch line from its online store on Thursday, and from its physical retail stores by December 24th. The products affected by this action are the Series 9 and Ultra 2 Watch models which include pulse oximetry technology that the U.S. International Trade Commission (ITC) determined infringed on patents held by Masimo Corp. (NASDAQ: MASI).
See more on Apple being forced to pull Watch models off the shelf
[Read more…] about Masimo vs. Apple – An Unusual Wince of Pain as Tech Giant Pulls Watch Off MarketWiSA Fiscal ’23 Q3 Revenues Drop 18%, Net Loss Deepens; New Nasdaq Violations
Earlier this month, WiSA Technologies released its Fiscal 2023 third-quarter earnings report and it was not a pretty picture. Still, company CEO Brett Moyer struck an optimistic tone and said its results were “better than expected.” Then he shifted attention to a focus on the company’s latest WiSA E technology which he suggests is making huge positive gains that point to a brighter future.
Can investors ignore the messy present financial condition…to hold on for a – maybe – brighter tomorrow???
Is WiSA delusional…or on to something?
[Read more…] about WiSA Fiscal ’23 Q3 Revenues Drop 18%, Net Loss Deepens; New Nasdaq ViolationsIn Huge Win for Masimo, ITC Bans Certain Apple Watch Imports for Trade Law Violations
Masimo Corporation (NASDAQ: MASI) scored a big win Thursday in its ongoing battles with Apple, Inc. when the United States International Trade Commission (USITC or ITC) sided largely with Masimo and issued a Limited Exclusion Order and a Cease and Desist Order against certain Apple Watch models that infringe on select Masimo patents. This exclusion order bans the import of those models that incorporate Masimo’s patented light-based pulse oximetry technology in violation of U.S. trade laws.
See more on Masimo’s stunning ITC victory over Apple
[Read more…] about In Huge Win for Masimo, ITC Bans Certain Apple Watch Imports for Trade Law ViolationsSonance Launches Innovative New Visual Experience Series Architectural Speakers
Sonance surprised us at CEDIA Expo 2023 with the launch of an all-new Visual Experience line of architectural loudspeakers. Embodying several true innovations, and available in both Sonance and James versions, the Visual Experience line will supersede the highly successful and award-winning Visual Performance series – a series that was a best-seller for most Sonance integrators.
See more on the Sonance Visual Experience line of speakers
[Read more…] about Sonance Launches Innovative New Visual Experience Series Architectural SpeakersWiSA Stock Value Crashes on News of New Stock Issue & Possible ‘Strategic Transaction’
Current Stock Price Violates NASDAQ Listing Rule…Again
On Monday, WiSA Technologies, a developer and licensor of spatial, wireless sound technology, publicly announced the pricing of a new $4.8 million public offering of Series B convertible redeemable preferred stock and warrants. Separately, and a little less publicly, the company also filed a Form 8K with the Securities and Exchange Commission (SEC) revealing that it is “pursuing a potential strategic transaction.”
The result of both of these pieces of news is that the company’s stock value nosedived as investors turned thumbs down on this latest turn of events at the troubled organization.
See more on the new WiSA problematical issues
[Read more…] about WiSA Stock Value Crashes on News of New Stock Issue & Possible ‘Strategic Transaction’After $32.5M Jury Win for Sonos, Judge Throws Out Jury Verdict and Finds for Google
Declares Sonos Patents Unenforceable & Invalid
In a shocking twist to a long-running patent battle, U.S. District Court Judge William H Alsup declared Sonos’ ‘966 and ‘885 patents at trial are unenforceable and invalid effectively countermanding a jury decision on behalf of Sonos and a royalty award of $32.5 million. Furthermore, the judge’s order suggests that Sonos abused the patent system by attempting to use it to “punish an innovator” and to “enrich a[n] [innovation] pretender.”
See more on this shocking twist at the end of Sonos vs. Google
[Read more…] about After $32.5M Jury Win for Sonos, Judge Throws Out Jury Verdict and Finds for GoogleResearch: Consumers Cut Back on Number of Streaming Services; Consumption Increases
A new study recently released by TiVo Platform Technologies (TiVo) – a subsidiary of Xperi, Inc. – called Smart TVs Paving the Way quantifies a marked shift in trends in consumer consumption of streaming entertainment – as well as spending on streaming services. Top findings noted a decline in both the number of services to which consumers subscribe and the amount of money they spend monthly to obtain such services.
Yet, the same study showed an increase in consumers’ average daily consumption of streaming entertainment content.
See more on this latest research on consumer streaming services and consumption
[Read more…] about Research: Consumers Cut Back on Number of Streaming Services; Consumption IncreasesTech Guru Panos Panay Resigns from Sonos Board; Co. Intros ‘New’ Execs
Last week, Sonos quietly let the Securities and Exchange Commission know that Panos Panay resigned from the Sonos board of directors, effective September 27, 2023. They made no public announcement that I am aware of, even though this news could have a major impact on the company’s direction. Why? Simply because Panos Panay is one of the most respected technology product gurus in the industry – so much so that Sonos trumpeted his arrival loudly when they convinced him to join their board in 2020.
Separately, and within just days of the exit of Panay, the company announced three “new” (I’ll explain the quotes around the word new below) additions to its executive team, including a new, promoted from within, Chief Product Officer…