Tech items are making the list this holiday season, with the Consumer Technology Association’s annual shoppers survey forecasting a record-breaking 78 percent of U.S. adults — nearly 199 million people — will purchase devices and related services this season. Streaming services, headphones and earbuds, mobile cases, smartphones and game consoles top the trade organization’s survey, the 2022 Hot Tech Holiday Preview. The seasonal projection marks a 4 percent increase over last year. The 78 percent of American shoppers who intend to purchase tech gifts in the coming months will spend an estimated $145 billion. Continue reading CTA: Streaming Services Will Be Focus for Holiday Shoppers

Online game company and mobile app developer NetDragon Websoft has invested $40 million in Rokid, maker of 5G-friendly AR glasses for business applications. Both companies are based in China. NetDragon has been in the news this past month when it became the first company to appoint an AI as its “rotating CEO.” Following the Rokid announcement, it appears the firm may be interested in developing lifelike AI characters to inhabit its games and augment teaching and enhance its AR initiatives, though to hear NetDragon actual CEO, Liu Dejian tell it, the company can learn a lot from its new c-suite addition, Tang Yu. Continue reading Chinese Game Company Appoints AI CEO and Invests in AR

Senate Homeland Security Committee leaders Gary Peters (D-Michigan) and Rob Portman (R-Ohio) have introduced a bill requiring a risk framework for open-source code. The proposed legislation would require the Cybersecurity and Infrastructure Security Agency to develop the risk evaluation process for open-source software being used by federal agencies and critical infrastructure. The move follows the discovery in December of a vulnerability in the Apache Software Foundation’s popular Log4j Java logging utility. Peters said the Log4j incident presented a serious threat to banks, hospitals, and utility companies, among other national security operations. Continue reading Senate Group Wants CISA to Protect Open-Source Software

Adobe announced it plans to purchase rival digital design suite Figma for $20 billion in cash and stock. The news was disclosed as part of its Q3 earnings report, which saw revenue of $4.43 billion, exceeding analysts’ expectations. Despite the healthy cashflow, Adobe says it may have to finance part of the deal, which will have to clear regulatory hurdles in a very pro-competition environment. Founded in 2011, Figma released its first product in 2015, leveraging the WebGL API to create real-time collaborative tools for web-based design teams “working together beyond company walls.” Figma lists Airbnb, Conde Nast and Github among its users. Continue reading Adobe Will Purchase Digital Design Rival Figma for $20 Billion

Top European TV supplier Vestel has become the first OEM for Xperi’s new TiVo-branded TVOS. In addition to distributing TVs under its own imprimatur, the Turkish firm manufactures sets for Hitachi, JVC, Toshiba and Panasonic. Vestel will begin selling branded TVs with TiVo as the primary software OS in mid-2023, Xperi said. Smart set manufacturers have increasingly sought a portal approach that helps customers navigate among a dizzying array of individual content platforms while sidestepping the additional costs associated with interfaces from the likes of Amazon Fire, Roku, Google TV or Android TV. Continue reading Xperi Names Vestel First Smart TV OEM for ‘Neutral’ TiVo OS

New Android and iPhone operating system updates for smartphones will be made available free this fall. Both Google and Apple have announced improvements to text messaging apps. Notably, Apple’s iMessage will allow iPhone users to edit or recall text messages after they’ve been sent, a much-requested feature over the years. The iPhone’s iOS 16 will also debut a redesigned lock screen. Meanwhile, Google’s Android 13 will have among its upgrades a new and improved wallet app that can store important documents like credit cards and medical records. Continue reading Android 13 and iOS 16 Bring Smartphone Upgrades This Fall

A seed round by Ithaca, New York-based software firm Mintlify has raised $2.8 million led by Bain Capital Ventures. The startup uses artificial intelligence to automate software documentation. CEO and co-founder Han Wang says the funds will go to product development and hiring that will increase the company’s small staff. Mintify was launched in 2021 by Wang and Hahnbee Lee, a pair of software engineers who were driven to address a pressing industry need: quality documentation. A 2017 survey by GitHub found that 93 percent of developers listed incomplete or outdated documentation as an industry-wide problem. Continue reading Mintlify Leverages AI to Auto-Generate Code Documentation

Broadcom announced it will acquire VMware in a cash-and-stock transaction that values VMware at $61 billion. The deal, which expands semiconductor supplier Broadcom into enterprise software, is among the top technology transactions of all time, right behind Microsoft’s pending $69 billion purchase of Activision Blizzard and Dell’s 2016 acquisition of EMC for $67 billion. Broadcom will also assume $8 billion of VMware debt. The news sent shares of Broadcom up 2 percent and VMware more than 1 percent early Thursday. VMware enterprise products optimize client-side servers as well as cloud servers. Continue reading Broadcom Targets Software with $61 Billion VMware Purchase

An international group of more than 100 television and movie production professionals has petitioned Apple CEO Tim Cook with an open letter requesting improvements to make the company’s Final Cut Pro video editing software more commercially viable. Although generally capable of professional execution and apparently fun to use — qualities that have made it popular among individual creators, amateur and pro alike — Final Cut lacks collaborative features and general awareness among industry decision-makers, signatories say. Posted Tuesday on the eve of the NAB Show using GoPetition, Apple has not yet responded to the communique. Continue reading Film and TV Professionals Request an Improved Final Cut Pro

Russia is pushing back against sanctions by encouraging intellectual property theft, declaring that “unfriendly” countries will not be compensated for the use of patented technologies. The government legislative commission also approved measures laying groundwork for the nationalization of property of companies exiting the country. Russian officials are also intimating that some trademark restrictions will be lifted, so as to maintain a presence for brands like McDonald’s that are pulling up stakes. In addition to inventions and trademarks, the Russian measures could affect computer software and other technology. Continue reading Russia Invites Patent Theft, Paves the Way for Nationalization

The Log4j code vulnerability has the media declaring the Internet in a state of crisis. Log4j is a Java-based logging framework developers use to track user activity within applications on the popular Apache web server. Security experts are rushing to patch the bug, which is being exploited to remotely assume control of vulnerable systems, stealing credentials, installing malware and launching other attacks that permeate consumer devices. Last week, the U.S. Cybersecurity and Infrastructure Security Agency issued a Log4j alert, as did Australia’s CERT emergency response team. Continue reading Major Security Vulnerability Triggers Worldwide Internet Crisis

Facebook’s internal experiments with turning off its News Feed algorithm revealed that users benefit from the often-controversial ranking system. Documents recently parsed by the news media indicate Facebook’s digital formula knows more about what users want than the users themselves when it comes to deciding which posts people see and in what order. The news comes as both the House of Representatives and Senate consider bills that would require social media platforms to offer users the option of disabling what’s known as “automated content recommendations.” The bills follow whistleblower allegations that Facebook’s News Feed is damaging to users. Continue reading Automated News Feed May Be Good for Facebook and Users

Intuit is acquiring global newsletter and email marketing platform Mailchimp in a cash and stock deal valued at $12 billion. Intuit, which makes software products including TurboTax, says it plans to integrate Mailchimp with its QuickBooks accounting software to help small and medium-sized businesses acquire and retain customers, Intuit CEO Sasan Goodarzi said in a statement. Mailchimp has “a lot of customer data. We have all the purchase data,” Goodarzi told investors last week. The deal follows Intuit’s 2020 purchase of Credit Karma for $7.1 billion. Continue reading Intuit Purchasing Email Marketer Mailchimp in $12 Billion Deal

IBM’s AI research unit debuted Project CodeNet, a dataset to develop machine learning models for software programming. The name is a take-off on ImageNet, the influential dataset of photos that pushed the development of computer vision and deep learning. Creating “AI for code” systems has been challenging since software developers are constantly discovering new problems and exploring different solutions. IBM researchers have taken that into consideration in developing a multi-purpose dataset for Project CodeNet. Continue reading IBM Project CodeNet Employs AI Tools to Program Software

In the U.S. District Court for the Eastern District of Texas, 10 state attorneys general charged Google with abusing its dominance by overcharging publishers for ads and elbowing out rivals. The lawsuit also contends that Google struck a deal with Facebook to limit the latter’s efforts to compete for ads. Google claimed the suit is “baseless” and said that it intends to fight it. Another group of states is expected to file a case against Google. This lawsuit is the first to focus on tools that connect buyers and publishers of ad space. Continue reading States Focus on Ad Tech in Antitrust Lawsuit Against Google