Xperi Names Vestel First Smart TV OEM for ‘Neutral’ TiVo OS

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

TiVo Owner Xperi Acquires OTT Software Firm for $109 Million

Technology company Xperi has purchased Norway-based OTT software maker Vewd for $109 million. Xperi purchased TiVo for $3 billion in December 2019, with the goal of integrating TiVo’s video UX with its smart TV expertise. Xperi intends to compete with companies like Amazon, Comcast, Google and Roku for the “gatekeeper” position in the world’s connected-TV living rooms. The Vewd deal gives Xperi access to an installed European footprint of roughly 15 million devices that it plans to target for activation of TiVo+, a free ad-supported TV (FAST) service. Continue reading TiVo Owner Xperi Acquires OTT Software Firm for $109 Million

Toshiba Plans to Split into Three Firms After Investor Pressure

Toshiba Corporation announced it will be breaking up into three independent companies by spinning off its energy and infrastructure business as well as its device and storage operations. The downsized Toshiba will continue to hold a 40.6 percent stake in Tokyo-based memory manufacturer Kioxia. The plan follows allegations of mismanagement and a five-month independent review of Toshiba that was in progress when company CEO Nobuaki Kurumatani resigned. Released Friday, the report says the former CEO behaved unethically but not illegally. Toshiba says the break-up is the best path to shareholder value. Continue reading Toshiba Plans to Split into Three Firms After Investor Pressure

Amazon Readies Launch of Fire TV Sets with Alexa Assistant

E-commerce giant Amazon is readying the October launch of its own Fire TV sets featuring its Alexa voice assistant. The Amazon Fire TV Omni Series 4K, which starts at $409.99, and the Amazon Fire TV 4-Series 4K, which starts at $369.99, will be available on Amazon’s website and at Best Buy stores. Toshiba and Insignia, Best Buy’s house brand, have sold TVs powered by Amazon’s Fire TV operating system, the latter since 2018. Amazon adds TVs to its other branded products including clothing, groceries and even batteries. Continue reading Amazon Readies Launch of Fire TV Sets with Alexa Assistant

Western Digital and Kioxia Merger Could Impact Chip Market

California-based data technology company Western Digital is purportedly in “advanced merger talks” with Japan’s computer memory firm Kioxia Holdings, according to sources who added that a deal could be inked as soon as mid-September. Western Digital’s shares rose 8 percent in reaction to the Wednesday news and continued to rise on Thursday. Sources said Western Digital would complete the deal with stock and that its chief executive David Goeckeler would run the combined company. According to Barron’s, the deal would be valued at about $20 billion. Continue reading Western Digital and Kioxia Merger Could Impact Chip Market

Amazon Prime Day 2021 Breaks Prior Record for Digital Sales

Amazon’s Prime Day sales this year reached $5.6 billion on the first day (Monday) and $5.4 billion on day two (Tuesday). According to Adobe Analytics, these numbers made Monday the biggest day for digital sales this year and Tuesday the second biggest, with total U.S. online retail sales 6.1 percent higher than Prime Day’s $10.4 billion worth of sales in 2020. Last year’s Cyber Monday previously held the record of busiest digital sales day at $10.9 billion, although that was a 24-hour event versus Prime Day’s 48 hours. Continue reading Amazon Prime Day 2021 Breaks Prior Record for Digital Sales

Intel Sells NAND Memory Business to SK Hynix for $9 Billion

Intel agreed to sell its memory unit to SK Hynix — which makes flash memory components in South Korea — for 10.3 trillion won (about $9 billion). The sale, which includes Intel’s solid-state drive, NAND flash and wafer business and a production facility in the Chinese city of Dalian, will occur in stages through 2025. The deal is expected to improve Hynix’s position in the chip industry, which has boomed after COVID-19, and rids it of one competitor. SK Hynix’s primary rivals are Samsung Electronics and Micron Technology. Continue reading Intel Sells NAND Memory Business to SK Hynix for $9 Billion

WiSA: Wireless Speaker and Audio Advances Home Theater

WiSA — wireless speaker and audio — offers the promise of changing and simplifying home theater setups by getting rid of speaker wires and even the A/V receiver. WiSA, which has support from 60+ manufacturers of home theater gear, including LG, TCL, Toshiba, Klipsch, and Bang & Olufsen, is a hardware and software specification for high resolution digital audio. As such, it can send audio wirelessly from a sound source to up to eight powered speakers within the same room, using 24-bit 48kHz or 96kHz signals. Continue reading WiSA: Wireless Speaker and Audio Advances Home Theater

Toshiba Fire TV Model Lowers Price Barrier for Dolby Vision

Amazon and Toshiba are launching a line of Fire TV Edition sets that include support for Dolby Vision. The 4K televisions, which will be sold exclusively through Amazon and Best Buy, come in a 55-inch model ($499.99) that is available today, followed by 43-inch ($329.99) and 50-inch ($379.99) models to be released on June 30. Dolby Vision’s HDR format is regarded as superior to HDR10 because it allows scene-by-scene adjustments to picture quality. The Amazon-Toshiba sets mark the first time that Dolby Vision will be available in more affordable Fire TV Edition models. Continue reading Toshiba Fire TV Model Lowers Price Barrier for Dolby Vision

Alexa Support Comes to Devices From Toshiba, Sony, Others

Toshiba revealed that many of its OLED, 4K and Full HD Smart Range TV sets will respond to Alexa voice control starting next year. Via Alexa, consumers will be able to change the channel or volume, offer movie recommendations, read the news or launch more than 45,000 Alexa skills. Toshiba also introduced its first Android TV, a 55-inch model, with Google Assistant voice, which became available last fall, to control smart home devices and the TV volume, search for movies, and launch apps. Bose, Marshall and Sony are among those also introducing Alexa-enabled products. Continue reading Alexa Support Comes to Devices From Toshiba, Sony, Others

New Phones, 8K TVs, Alexa Garner the Most Attention at IFA

While the IFA conference in Berlin has traditionally targeted consumers in Europe, the show has recently become a global launching pad for products being readied for the holiday shopping season, one reason IFA has become more significant. According to TechCrunch, this year’s more notable announcements included Alexa routers from Netgear and Huawei; 8K TV sets from LG, Samsung, Sharp, Toshiba and others; smartphones such as the Sony Xperia XZ2, LG G7 One and HTC U12 Life; Polaroid’s new instant camera the OneStep+; and Lenovo’s Yoga Book C930 convertible, which features an E Ink display instead of a keyboard. Continue reading New Phones, 8K TVs, Alexa Garner the Most Attention at IFA

Amazon Is Reportedly Developing Live TV DVR to Rival TiVo

According to sources, Amazon is developing a TiVo-like device, dubbed “Frank,” that records live TV. The sources added that the DVR device, which includes physical storage, connects to the company’s Fire TV box using the same wireless technology as the Echo. The Frank DVR also has the ability to record live TV and stream the video to a smartphone for later viewing, but Amazon, said the sources, isn’t certain it will debut the DVR with that feature, which is offered by TiVo and Dish Network’s Slingbox. Continue reading Amazon Is Reportedly Developing Live TV DVR to Rival TiVo

Congress Advances a Bill That Could Curb U.S.-Chinese Deals

Congress is advancing a bill that would put more power in the hands of the federal government to block deals between U.S. and Chinese companies deemed to risk national security. Tensions between the two countries are high as each threatens and seeks to negotiate with the other. President Trump and Chinese vice premier Liu He met to discuss potential concessions as the U.S. ramps up threats of tariffs, while China’s antitrust division just lifted a many-month delay on Bain Capital’s $18 billion deal with Toshiba’s memory chip unit. Continue reading Congress Advances a Bill That Could Curb U.S.-Chinese Deals

Amazon Hits 100M Prime Subscribers, Inks Deal with Best Buy

For the first time, Amazon chief executive Jeff Bezos revealed the number of Amazon Prime subscribers: 100 million people. In 2015, the company last hinted about the number, saying there were “tens of millions” of Prime members. With this revelation, Bezos is letting shareholders know that Prime is healthy, and that the large number of subscribers will allow the company to continue to invest in technology and thrive. Bezos also recently announced that Amazon is teaming with Best Buy to sell Amazon Fire TV-powered sets. Continue reading Amazon Hits 100M Prime Subscribers, Inks Deal with Best Buy

Toshiba Is Accepting Bids for its Profitable Memory-Chip Unit

Toshiba announced that it is selling its memory-chip business, a major supplier to some of the world’s top CE manufacturers, and expects to reach an agreement by the end of the month. Leading the race is a group including private-equity firm Bain Capital and tech companies such as Apple, Dell, Seagate, SK Hynix and Innovation Network Corp. of Japan. Insiders indicate the bid values Toshiba’s chip business at $19 billion. Apple and Dell aim to keep the Toshiba unit as a viable supplier, while hoping it remains competitive with flash memory-chip leader Samsung. Continue reading Toshiba Is Accepting Bids for its Profitable Memory-Chip Unit