Imagination Technologies has started a formal sale process and has already engaged in preliminary talks with potential buyers. The British mobile graphics maker was pushed to the decision after Apple, which accounted for around 60% of Imagination’s revenue, revealed it will stop using PoverVR graphics and develop its own, sending Imagination shares into a 70% stock slump earlier this year. Over time Imagination Technologies’ stock recovered somewhat though not enough and without Apple’s orders Imagination simply cannot continue competing with Qualcomm and fellow British…
Olixar — the company behind a recent "iPhone 8" screen protector — on Tuesday launched a complete series of cases for Apple’s upcoming phone, banking on rumored features such as an edge-to-edge OLED display and a vertically-aligned rear camera. AppleInsider – Frontpage News
Hello, the makers of the bedside sleep tracker Sense, is shutting down as after looking for a buyer, according to a blog post from the company. The news was first reported by Axios, which said the company has laid off most of its employees and sought a buyer of its assets. We’ve also heard that the details via Axios are on-point, including talks with Fitbit for the company’s… Read More Mobile – TechCrunch
Essential hasn’t yet shipped its first smartphone, but Andy Rubin’s new company has already come upon its first trademark dispute. Spigen, a fairly well-known smartphone case and accessory maker, has sent Essential a cease and desist letter demanding that Rubin’s latest business stop using the “Essential” mark. Spigen holds a trademark for the Essential mark that covers a slew of consumer products — though not smartphones directly. Android Police has a good writeup on the situation.
Spigen insists that Essential will “cause confusion” if the company moves forward with its launch of the Essential Phone. In the cease and desist letter, Spigen’s lawyers also point out that Essental had its trademark application denied by the US Patent and…
Soofa, an MIT Media Lab spin-off raised $ 2.5M in Seed Round. Led by Underscore VC, other participants included Accomplice and Pillar. Soofa had also raised $ 675K seed round before the recent round, The startup builds solar-powered hubs for smart and social spaces in cities.
Soofa is led by founders Jutta Friedrichs and Sandra Richter. The three main products of the startup are Soofa Bench, Soofa Sign, and Soofa Pro Sensor. The bench charges people’s phones and has space for 3 people to sit. The primary customer of the bench are parks, bus stops, downtown plazas and city governments.
Soofa Bench sensor, also known as Soofa Pro, measures activity in outdoor public spaces. You can see how people are using the spaces in your city, neighborhood, or mixed-use real estate project. It brings benches into the internet era and gives you detailed insights into space utilization. The City of Las Cruces, New Mexico used Soofa’s technology to measure pedestrian traffic and analyze the patterns of public WiFi use.
Companies can use the Soofa Bench backrest for marketing by sponsoring the bench.
Soofa Sign is the solar-powered Eink sign for smart parks and bus stops. Its main use cases are branding and wayfinding which can also be used to communicate bus arrival times and event programs.