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CES 2021 Vision: Technology Is a Tool and a Force for Good

Consumer Technology Association (CTA) president and chief executive Gary Shapiro and CTA executive vice president Karen Chupka helped kick off the 54th annual Consumer Electronics Show (CES) with an emphasis on how the technology industry has innovated in the face of a worldwide pandemic. “The last 12 months have been a challenge like no other for everyone in the world,” said Shapiro. “But technology has been a stabilizing, unifying force keeping us connected to schools, jobs, doctors, families and friends.” Read more

Reuters Next: The Future of Further Education Post-Pandemic

The Reuters Next virtual conference, which runs the same days as CES 2021 this week (January 11-14), features more than 100 sessions and interviews across five key global areas: Policy & Progress, Radical Redesign, Recovering Growth, A Sustainable Future, and Media and Free Speech. Some of today’s sessions addressed how the blended digital and physical group work environment that will become the new normal post-COVID has direct parallels with how education in college and beyond will be handled, including points that will be of interest to ETC’s members and businesses in general. Read more

Sony Showcases Modular, Hi-Resolution Virtual Set Displays

Sony plans to sell modular “virtual set” displays similar to those used by Industrial Light & Magic and Epic Games to create the sets for “The Mandalorian.” The C-Series displays, which rely on MicroLEDs, will be part of its Crystal LED line aimed at the digital signage market. The modular panels can be connected to a controller. The B-Series displays will be marketed for use in movie production. According to Sony, they can operate at 1,800 nits. In comparison, Apple Pro Display XDR peaks at 1,600 nits. Read more

Struum to Aggregate Content from Many Streaming Services

Co-founded by former Discovery and Disney executives, Struum is a new entrant to the streaming space that, rather than offering its own content, instead hopes to find a niche in helping viewers manage the flood of content available from hundreds of streaming services. It will provide viewers á la carte access to shows and movies without having to subscribe to each platform, giving visibility to smaller services. Former Disney chief executive Michael Eisner’s The Tornante Company is Struum’s main financial backer.

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LG’s Major Stake in Alphonso Boosts Its Streaming Ad Goals

Just prior to CES 2021, LG Electronics stated it spent $80 million to take a 60 percent stake in Alphonso, an advertising technology, data and measurement company, to advance its aim of building a streaming-TV advertising business. LG is buying out Manifest Investment Partners and other existing Alphonso investors. Founders, current and former employees and “various advisers” will hold onto the remaining shares. The company, which had a pre-money valuation of about $125 million, has raised $6.3 million thus far. Read more

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