A new report by The Information has roiled Amazon, punching a hole in the concept that users of their Alexa-powered smart speaker devices will use them to buy billions of dollars of goods through voice ordering. According to sources from inside Amazon, the company is disappointed that only about 2% of users of their devices use them for voice-enabled shopping – a result that throws shade at the company and industry analysts who predicted a tsunami of voice-powered purchases. The company’s spokesperson disputes the report.
SEC Rejects Monster Cryptocurrency Filing, Notes ‘Serious Deficiencies’
Monster Changes: Prez/COO & Auditor are Terminated, Three-Man Board is Now Only One
In June, after significant outreach by many Strata-gee readers, we posted our take on the Monster Products, Inc. (Monster) S-1 filing with the Securities and Exchange Commission (SEC) in which Monster sought to launch its own Monster Money cryptocurrency in a major shift in the company’s direction. This SEC filing by Monster was at the end of May, and our story [see: Is Monster Money a Massive Mistake?] was posted June 13th.
We have just discovered that days after our story appeared, Monster received an SEC staff letter dated June 15th titled “SERIOUS DEFICIENCIES.” But that’s not all we discovered…
See more on Monster’s S-1 rejection and other major news we’ve uncovered… [Read more…] about SEC Rejects Monster Cryptocurrency Filing, Notes ‘Serious Deficiencies’
Control4 Announces Appointment of Charlie Kindel, ex-Amazon
BREAKING NEWS
Former Head of Amazon Smart Home Org. to be
SVP of Products & Services for Control4
Control4 Corp. announced today that it has appointed Charlie Kindel, an ex-Amazon executive in charge of their Alexa project, to fulfill the role of Control4 Senior Vice President of Products & Services. Kindel is replacing Eric Anderson, who announced his retirement recently after holding the same role since 2012.
See more on Kindel joining Control4…
[Read more…] about Control4 Announces Appointment of Charlie Kindel, ex-Amazon
Transformative Engineering Earns DPL Seal on HLE-4K
Transformative Engineering, an innovative black box solutions provider, announced today it has been awarded a DPL Labs Seal of Approval for its model HLE-4K, an HDMI 2.0 extender. The company says this is the second Seal of Approval its products have been awarded by DPL Labs, a testing and certification organization.
See more about Transformative Engineering’s HLE-4K… [Read more…] about Transformative Engineering Earns DPL Seal on HLE-4K
Creditor Infighting Could Jeopardize Gibson Bankruptcy
Multiple creditors are fighting a pitched battle over the Chapter 11 bankruptcy plan worked out between Gibson Brands and their major debt holders and submitted to the Bankruptcy Court. Some of this was to be expected, as there was a large pool of unsecured creditors who did not participate in the pre-bankruptcy negotiations. But now, even one of the secured creditors – a power player in their own right – has turned on the other secured creditors, joining in with the unsecured creditors and potentially jeopardizing the whole plan, according to a report by the Nashville Post.
See what all the fighting is about… [Read more…] about Creditor Infighting Could Jeopardize Gibson Bankruptcy
EU Hits Pioneer, D&M, Philips & Asus with Fines for Price Fixing
The European Commission, the EU’s antitrust regulatory unit, after a 17-month investigation of online price fixing and other illegal anti-competitive practices has levied a fine of €111.2 million ($130 million) against four prominent consumer electronics brands, including Pioneer Corp., D&M Holdings Inc. of Japan, Koninklijke Philips NV of the Netherlands, and AsusTek Computer, Inc. of Taiwan. The companies were alleged to have imposed fixed or minimum online prices for their products.
See more on this strong action by European regulators… [Read more…] about EU Hits Pioneer, D&M, Philips & Asus with Fines for Price Fixing
Deep Dive: New Dana Innovations HQ & Training Ctr
Strata-gee Goes Through Dana Innovations 2-Day Training
For some time now, I’ve been picking up a lot of buzz about the new San Clemente, CA headquarters building of Dana Innovations, said to be a major upgrade from their previous digs and outfitted with an optimized, multi-room training center. Dana Innovations, parent company of power CI brands such as Sonance, iPort, and Trufig, is one of the top custom integration solutions providers of in-wall/in-ceiling speakers, multichannel amplifiers, keypads, touch panels, and more. They also are renown for their dealer training program, which the company runs year round.
So when I got an invitation to visit their facility close-up, I jumped at it. I’m not sure I knew what I was getting myself into…
Dana Innovations puts me through their intense 2-day training regime… [Read more…] about Deep Dive: New Dana Innovations HQ & Training Ctr
Savant Partners with AVAD in Push for Market Expansion
New Tools & Partners Open the Door to Entry-Level Buyers
Savant Systems LLC, one of the leading control and home automation brands in custom integration, has made two significant announcements recently, both sent within just a matter of three weeks between them. First was the announcement of new software tools: Savant Central Management, a new cloud-based management software, and Studio, an iPad-based field configuration tool. This announcement was followed with a second one – Savant is partnering with AVAD, a national custom integration-focused distributor with 20 locations across the U.S.
It turns out that the two Savant announcements are related. Read on to see how… [Read more…] about Savant Partners with AVAD in Push for Market Expansion
ISE Formally Announces Show Move to Barcelona
‘Welcome to Barcelona’ Press Conference Reveals Motives
Integrated Systems Europe (ISE) held a formal press conference today at 7:00AM Eastern to present more details on their plans to move ISE – the show, that is – to a new facility in Barcelona, Spain starting in 2021. Speaking at the press conference were local government officials, representatives of the owners of the ISE show (CEDIA and AVIXA), and most importantly Mike Blackman, the father of the show.
See what we learned about ISE moving to Barcelona… [Read more…] about ISE Formally Announces Show Move to Barcelona
SnapAV Launches Scalable Media over IP Solution
SnapAV, the unique national manufacturer/distributor of custom integration products based in North Carolina, announced on Tuesday that it has launched a media over IP solution designed to offer a uncommon combination of tremendous flexibility along with simplicity. Part of their Binary line, this 900 Series Media over IP solution delivers 4K UHD content with HDR support from any number of sources to any number of displays.
