Broadcom’s semiconductor lead times “have now stabilized, but the volume of bookings we are experiencing today continues to grow,” said CEO Hock Tan on an earnings call Thursday for fiscal Q2 ended May 2. “We intend to meet such demand and in doing so maintain our disciplined process of carefully reviewing our backlog, identifying real end user demand and delivering products accordingly.”
Amazon Sidewalk goes live Tuesday, automatically enabling a feature on its hardware devices that will share a small slice of consumers’ Wi-Fi bandwidth with neighbors, unless they opt out. This raises privacy and competitive concerns, experts told us.
Conn’s same-store sales rebounded in fiscal Q1 ended April 30, topping expectations with a 19.4% bump from a year earlier on stimulus-driven consumer demand and a tighter credit strategy, said CEO Norm Miller on a quarterly earnings call Thursday. The same-store sales bounce was 1.8% higher than Q1 two years ago. Retail revenue grew 26.5% to $291.5 million.
There's "strong urgency" to boost trans-Atlantic cooperation on issues such as AI, Rep. Jerry McNerney, D-Calif., told a DigitalEurope webinar Thursday. The two regions share a growing set of challenges on such issues as privacy, AI and content moderation, and they should look to how the other side is handling them, because rapidly developing technology needs guardrails and there's fierce competition from ideological rivals, he said. Identify where they differ to develop the right set of rules, said McNerney, who chairs the Artificial Intelligence Caucus. Panelists agreed interest is growing at higher levels in finding common ground.
A federal judge peppered New York with questions on how the state’s law requiring $15 monthly low-income plans squares with the FCC 2018 net neutrality order. Judge Denis Hurley asked no questions of the ISPs challenging the policy at a teleconferenced oral argument Thursday in U.S. District Court for Eastern New York. Meanwhile, large telcos are seeking DSL exemptions from the law at the Public Service Commission.
The National Institute of Standards and Technology should tread lightly in defining “critical software” and avoid disincentivizing innovation, officials from Microsoft, Linux, BSA|The Software Alliance and cloud providers told NIST Wednesday. President Joe Biden’s cybersecurity executive order directs NIST to publish a definition by June 26.
After holding its latest Prime Day event in October due to inventory shortages caused by e-commerce demand during COVID-19, Amazon stuffed this year’s 48-hour sales event into Q2 for the first time. The June 21-22 event will run 48 hours starting at 3 a.m. EDT June 21, with a $10 early incentive for Prime members who shop select small businesses June 7-20, it said Wednesday.
Vizio highlighted gaming features, its first voice remote, desktop mirroring with AirPlay and Chromecast, and smart home control through Amazon Alexa, Apple HomeKit and Google Assistant, in launching its model year 2022 TV and sound bar lineup. For its first voice remote, Vizio partnered with SoundHound and its natural language intelligence technology, Mike Wood, director-product management, told us.
DOJ filed a motion with the U.S. Court of International Trade Tuesday to dismiss the HMTX-Jasco sample case in the massive Section 301 litigation for “failure to state a claim upon which relief may be granted.” HMTX-Jasco can’t "establish" that the Office of the U.S. Trade Representative exceeded its “statutory authority” under the 1974 Trade Act when it ratcheted up the Lists 3 and 4A tariffs on Chinese imports, nor did its actions violate the Administrative Procedure Act (APA) “as they were not arbitrary and capricious,” said the government’s 77-page filing in docket 1:21-cv-52.
Xperi is targeting the TiVo Stream connected TV platform at Tier 2 OEMs for the U.S. market and other geographies outside North America, CEO Jon Kirchner told an investor conference last week. It’s available now as a dongle that plugs into the TV, and the company is working toward an integrated platform with TV makers for introduction next year.