Strategy in TECH...
Toshiba Corp. announced in Japan that it will appoint a committee to investigate what it calls “possible problems” with its accounting. Investors in Japan responded by hitting the company’s stock with its largest one-day drop in more than a year – dropping the value of its stock almost 5%.
The narrative surrounding Tidal, the latest music streaming service to enter the increasingly crowded music delivery market last year, has taken a new and unforeseen turn with the purchase of the service by Jay Z. Originally conceived as a pay music streaming service offering a higher performance alternative to the ad-driven free services of highly compressed music streamers such as Pandora and Spotify, the Tidal narrative was one of quality. Now?
SupplyStream, the industry product-line aggregator that offers dealers and integrators a web platform with cross-vendor consistency in product and pricing information, announced today that it has upgraded its search function based on feedback from current users. The company also says that it will make its API available to select 3rd party software solution providers.
We announced last week that Strata-gee.com’s parent company, The Stratecon Group, had reached an agreement with NewBay Media to supply content for use by their many media properties such as Residential Systems. Now, we are pleased to announce that the first product of that agreement is available online.
In a development that, depending on your viewpoint, is either very shocking – or not surprising at all – we learned on Wednesday that Kaleidescape Vice President of Sales Mark Weisenberg has left the company. Even in a company known for turmoil at the Sales VP position – this is an unusually quick turnaround. We originally announced Weisenberg’s appointment as Kaleidescape VP of Sales in an exclusive SYNCH newsletter at the end of January…just eight weeks ago.
Garner, NC-based 21st Century Distributing, a consumer electronics distributor based in the Southeast, announced this week that it has reconfigured its usual dealer show, converting it into a roadshow with an all-new mobile demo display. Scheduled to hit six major markets throughout the Southeast, the event is now called the Integration Innovation Roadshow.
Is the pendulum swinging back? The mayor of Yokohama, Japan, Ms. Fumiko Hayashi, said today that Apple, Inc. has purchased an empty Panasonic factory and will turn it into a state-of-the-art research and development center. For many Japanese, this is likely a highly ironic turn of events, as for decades, Panasonic was the leading edge technology developer.
The Stratecon Group, Inc. (parent company to, and publisher of, the Strata-gee.com website) and NewBay Media, LLC have reached an agreement on a content supply program. Under this agreement, Stratecon will create a series of in-depth articles and analyses on a variety of key topics for the technology industry – and for electronic systems integrators – to be published by one or more NewBay Media properties.
In just the last two days, Japanese and U.S. press outlets are releasing a slew of stories of Sharp Corp.’s impending doom in the form of a restructuring announcement that isn’t expected to be officially released until May. Nonetheless, multiple reports have emerged from a wide range of media sources including the Nikkei and Reuters news services with a relatively wide range of estimated job cuts – all citing unnamed sources.
