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

Moderated group VR experiences have an excellent test environment in assisted living and memory care facilities, where the user interface and user experience design are tested by a willing and readily available audience of differently-abled individuals. Rendever is one of the leading startups focused on developing synchronized VR resources for the aging, group-living and group-support market. Their work is especially important now, when COVID-19 has isolated so many seniors in their rooms and in their homes. Read more

The sprawl of CES, typically measured in millions of square feet of exhibit space, multiple venues, and hundreds of thousands of attendees, now spans the globe as the Consumer Technology Association (CTA) sets “the global stage for innovation” in an all-digital format when it opens its four-day run on January 11. However dispersed, CES Week will still be the focal point for the consumer technology sector and trends will emerge, even if news and product announcements will originate from both CES events and individual company presentations. Read more

Sony Electronics debuted the Cognitive Processor XR, a new type of image processor that will be incorporated in its new Bravia XR LED and OLED TVs. According to Sony Electronics president and chief executive Mike Fasulo, the new processor surveys the entire frame in real time, breaking down specific zones to concentrate on — such as realistic skin tone — as a way to mimic how our brains process images. Sony global display and processor expert Kazuo Kii says the Cognitive Processor XR will aid the TVs’ 8K performance. Read more

The Wi-Fi Alliance began its Wi-Fi 6E certification program for devices built to transmit signals on the newly launched 6GHz band. Introduced just before CES 2021, the program comes in time to certify next-generation devices that can take advantage of the fastest speeds ever available with Wi-Fi. Wi-Fi 6, which began its rollout in 2019, adds access to the 6GHz band after the Federal Communications Commission voted unanimously to open it for unlicensed use. Until now, Wi-Fi use has relied on 2.4GHz and 5GHz bands. Read more