Xperi CEO Jon Kirchner will mark the Oct. 1 separation of the Xperi product business and Adeia intellectual property company by ringing the opening bell of the New York Stock Exchange the morning of Oct. 3, said the company Monday. Adeia CEO Paul Davis will ring the Nasdaq’s closing bell that same afternoon, it said. Both stocks will begin their first official day of trading Oct. 3, Xperi under the stock symbol XPER, and Adeia under the symbol ADEA.
Panasonic announced three Bluetooth-compatible DECT landline phones that allow users to take calls from anywhere in the home using a one-touch pairing system with up to four Bluetooth-enabled headphones or speakers. The KX-TGF892B can make phone calls during power outages due to a power backup operating system. The three models range $59-$129.
Ingram Micro confidentially submitted to the SEC its draft S-1 registration statement for its proposed initial public offering of common stock, said the tech distributor Tuesday. The number of shares to be offered and at what price range haven't been determined, it said. Ingram expects the IPO to happen just after the SEC completes its review process, it said.
Sound United parent Masimo tapped Blair Tripodi as chief operating officer of its consumer division, it said Monday. Tripodi, who joined Sound United in 2013, was most recently chief commercial officer. He will report to Masimo CEO Joe Kiani, after Kevin Duffy, president of Masimo's consumer division, left the medical technology company last month (see 2208100023), in what Kiani said then “wasn’t a good fit for either Kevin or us.” In August, Kiani praised Masimo COO Bilal Muhsin as “as an “incredible supply chain and operations leader,” and extolled the engineering team: “We obviously are going to do our best to keep everyone that we really think we need for the journey.” The combined companies have been “moving at full speed to create many new consumer health products” via collaborative R&D efforts, Kiani said then. Masimo didn’t respond to questions about Muhsin’s status with the company.
YouTube, Twitch, Microsoft and Meta joined the White House Thursday in announcing collaborative efforts to design products in an effort to curb online extremism and hate. President Joe Biden hosted the United We Stand Summit to “counter the corrosive effects of hate-fueled violence,” citing impacts of attacks and mass shootings in places like Orlando, Charleston, Pittsburgh, El Paso, Atlanta, Buffalo and Wisconsin's Oak Creek. Government agencies will use feedback and consultation to “carefully evaluate government support following past incidents and offer recommendations for improvements in the delivery of government assistance,” the White House said. YouTube is expanding policies for “removing content glorifying violent acts for the purpose of inspiring others to commit harm.” Twitch will deploy new tools for combating violent livestream content. Microsoft will deploy artificial intelligence and machine learning “tools with appropriate privacy protections that can help detect credible threats of violence or to public safety, and is making a basic, more affordable version of these tools accessible to schools and smaller organizations to assist in violence prevention.” Meta established a partnership with the Middlebury Institute of International Studies’ Center on Terrorism, Extremism and Counterterrorism to study “trends in violent extremism and tools that help communities combat it.”
Former U.S. Rep. Michael Ferguson will lead AT&T’s federal legislative relations team starting Oct. 3, replacing Tim McKone, who is retiring, AT&T staffers were told in an internal announcement. Rhonda Johnson, who oversees AT&T’s state and local government affairs and social engagement initiatives in California, will lead federal regulatory relations, replacing Joan Marsh, also retiring, effective the same date, said a second announcement (see 2205110068). Both incoming executives will have executive vice president titles. Ferguson, a Republican, represented New Jersey’s 7th District for eight years, retiring in 2009. He is leaving BakerHostetler, where he heads the firm's federal policy team. “In his new role, Mike will be responsible for managing the federal advocacy team representing AT&T before Congress, the White House and executive branch departments,” said the internal announcement: “He will develop legislative strategy to ensure our business objectives are able to flourish.”
The Harman Technology Forum 2022 is due to take place in Las Vegas Sept. 28 at The Theater at Virgin Hotels, the company said Monday. Discussions will cover the metaverse, modern mobility and other “experiential” technologies that are expected to change the entertainment, commerce, transportation and consumer experience industries, it said. Tesla co-founder and former CEO Martin Eberhard is scheduled to discuss the future of transportation.
Ikea and Swedish House Mafia will launch a limited collection targeting musical creators next month, the companies said Thursday. The Obegransad collection is billed as a way for creators to build “the perfect home studio at an affordable price.” The collection includes over 20 “smart home” furnishings for producing and performing music at home, including a record player; LED floor; wall and work lamps; clock; stands for laptops, speakers and LPs; and other furnishings, they said.
Acer’s consolidated revenue for August grew 15.9% sequentially from July to 20.24 billion New Taiwan dollars ($654.4 million), reported the PC vendor Thursday. Its January-to-August revenue of 188.42 billion New Taiwan dollars ($6.09 billion) declined 7.9% from the same 2021 period, it said. “While the industry is experiencing headwinds, Acer continues to enhance its business resilience through establishing multiple business engines,” it said.
Corning, with AT&T support, plans to open a fiber plant outside Phoenix in 2024, said the glass maker Tuesday. Corning said it will nearly double its cable capacity. It said the Arizona location will let it more easily serve demand in the western U.S. and Canada. Corning's fiber and cable "demand signals" continue to be "quite robust," said CEO Wendell Weeks on a Q2 earnings call July 26, "and if we could make more fiber and cable, we could sell more fiber and cable."