Top Stories

Twitter Fate Still Vague After Musk Reaffirms Intent to Acquire

Delaware Chancery Court judge Kathaleen McCormick says she expects the trial in Twitter’s lawsuit against Elon Musk to continue as scheduled, beginning October 17, despite a letter his attorneys sent Twitter management saying the mercurial Tesla chief intends to go through with his proposed $44 billion acquisition if the social media company drops its lawsuit against him. In a Wednesday filing, McCormick said the court expects Twitter’s delayed deposition of Musk, scheduled for today, to proceed as planned. However, as of last night it was reported that Musk and Twitter agreed to postpone the billionaire’s deposition. Read more

Samsung 5-Year Plan Speeds Advanced-Chipmaking Timeline

Samsung wants to dominate the global market for advanced semiconductors, unveiling plans to begin producing chips with a 2-nanometer spec in 2025 and launching into the even more advanced 1.4-nanometer market in 2027. The timeline takes the South Korean company beyond the 3-nanometer chip production it began in June. Samsung says it will more than triple production capacity in five years, positioning it to challenge Taiwan’s TSMC in terms of volume, and potentially surpass it in the high-end market for “smart chips.” TSMC said it will mass produce 3nm chips this year and start 2nm production by 2025. Read more

CEDIA: LG Debuts 97-Inch OLED TV Billed as World’s Largest

LG Electronics is touting two world firsts — the “largest OLED TV,” the 97-inch G2 OLED evo Gallery Edition, and the “first bendable 42-inch OLED TV,” the LG Flex. Described as “epic,” and bringing “theater-like viewing” to the home, the 97G2 carries an epic MSRP of $24,999. The outsized OLED Gallery Edition uses LG’s proprietary Alpha 9 Gen5 AI Processor and advanced picture algorithms to deliver a bright and immersive viewing experience. At CEDIA 2022 in Dallas, Texas, LG also showcased a short-throw projector that can display a 120-inch, 4K picture from just 7.2-inches away. Read more

Cook Hints Apple’s First realityOS Glasses Will Be AR, not VR

Despite speculation that Apple will debut a realityOS (rOS) headset next year, CEO Tim Cook says the metaverse is not yet ready for prime time, telling a European publication he’s “really not sure the average person can tell you what the metaverse is.” On a continental excursion that included a commencement address at the University of Naples Federico II in Italy, Cook appeared bullish on augmented reality, while downplaying virtual reality, the technology around which Meta Platforms is building its future. “I think AR is a profound technology that will affect everything,” Cook told the magazine Bright. Read more

Adobe Elements Touts Consumer AI in Photoshop, Premiere

Adobe is taking artificial intelligence to the mass market in Photoshop Elements 2023 and Premiere Elements 2023. The new releases incorporate Adobe Sensei AI-powered features to enable intuitive, streamlined workflows and Step-by-step Guided Edits. The a la carte Elements line has been called “affordable” and “casual.” Adobe describes the overall package as “simple for users at any skill level,” leaving the door wide open for sophisticated features. Adobe says the smaller, lighter Elements 2023 packages offer improved speed and stability, installing 35 percent quicker, with a 50 percent baseline launch-time improvement.  Read more

Also Noted