Best Buy Reports $377 Million Net Loss in Q4, Schulze Makes No Buyout Offer

It is unfortunately safe to say that Best Buy has seen better days. Announcing their plan to let go of 400 employees from their headquarters on Tuesday, the big blue electronics supplier released another bit of bad news on Friday — their earnings for the 2012 fourth quarter. According to an official release, Best Buy announced a net loss of $377 million on revenues of $16.7 billion in Q4, against an analyst expectation of $16.29 billion. CEO Hubert Joly commented on the profit decrease, stating that domestic sales offset the company’s failures overseas. However, cutting expenses with job cuts helped to narrow the Q4 losses towards the end of the quarter. Its loss totaled something like $409 million or $1.21 per BBT share for three months before February, compared to a loss o $1.82 billion or $5.17 per share the year prior.

How high can we go - 4K UHD

There may come a time when 4K might become the default standard for our video viewing, but before that happens there will need to be a lot of infrastructure changes. The DCI standard must be used throughout the entire production and delivery chain, and finally the consumer must accept this new resolution.

Digital Signage Expo 2013 Tradeshow Report

Digital Signage Expo is the world's largest international tradeshow dedicated to interactive display technology, digital signage, and digital out-of-home networks. It's a great way to discover technology that will draw attention to your business, increase sales, generate buzz, help save on overhead, and improve interactions with your customers.

Home Automation 2.0: What Everybody Should Know!

Do you ever wonder why home automation has been around since the 18 hundreds… and its adoption by the general population has failed dismally?

Content Insider #273 - Game On

In Technology Leadership, the Big Dogs Play for Keeps

Digital Signage Expo 2013 underway this week in Las Vegas

HomeToys has partnered with DSE 2013 again this year and is providing a Specail Newspage devoted to news and announcements from this years event. Click here for the DSE 2013 HomeToys Newspage. Digital Signage Expo is the world’s largest international tradeshow dedicated to interactive display technology, digital signage, and digital out-of-home networks.  It’s a great way to discover technology that will draw attention to your business, increase sales, generate buzz, help save on overhead, and improve interactions with your customers.

SAVANT® Introduces WiFi Enabled Digital Thermostat

Savant Systems, LLC has announced the availability of the Savant Wireless Thermostat, SST-W100. The SST-W100 is a WiFi enabled digital thermostat designed to control Heating, Ventilation and Air Conditioning (HVAC) systems within any residential or commercial setting and integrate seamlessly into a Savant-controlled environment. The SST-W100 is a versatile thermostat for one and two stage control of forced air, radiant, heat pump and HVAC systems. The Savant SST-W100, requiring only standard thermostat wiring at its mounting location, is ideal for retrofit installations thanks to its wireless communication to Savant's SmartSystem controllers. The SST-W100 provides access to temperature adjustments from anywhere in the home or from a remote location using any Savant interface. Multiple Savant thermostats may be networked over an existing WiFi network, enabling temperature and humidity adjustment from any SST-W100 in the home. Energy conservation is achieved by programming the HVAC system (using the HVAC Scheduler within the Savant TrueControl™ iPad® app) to automatically respond based upon outside temperature, season or time of day.

Android home automation appears in 4.2.2 update

Android's long-rumoured home automation capabilities may have been revealed in the inner workings of the latest 4.2.2 update. The system configuration files within the update mention both mesh networking and Android@home, both of which in theory relate to home automation and Android. Android@home was shown by Google more than two years ago and then disappeared almost instantly into the ether. Since then, Google hasn't mentioned it once. So could it be coming back? Home automation is gradually becoming a bigger deal. CES this year had gadgets such as Belkin's iOS-controlled WeMo range of light switches and connected home gadgetry. Android integrating this kind of home automation directly into the OS makes sense. The Android Open Accessory API also exists and is able to put hardware and applications together, provided there is an Android smartphone somewhere in between.

Pioneer Home A/V Sees Flexibility In New Subsidiary Status

The consolidation of Pioneer’s home A/V business unit in Japan with two other business units will turn the unit into a leaner wholly-owned subsidiary. Russ Johnston, executive VP of home entertainment and corporate communications at Pioneer Electronics USA, said the move will speed up product planning, time to market, and a return to home A/V profitability. The home A/V business includes engineering and product planning for global markets. The other two units that will be part of the subsidiary are the company’s wired phone business, which largely sells into the domestic market and the company’s domestic home-A/V sales operation. The restructuring was announced Feb. 12. The new subsidiary, which will be responsible for its own profit-and-loss statement, will be home to all product development and engineering staff, sales management and back-office functions for the three business units, Johnston said. The consolidation will improve control of SG&A and enable the three groups to make speedier product planning and development decisions, he continued.

Trends, Technologies, & Ecosystems: Evolution of The Digital Home

Parks Associates, with more than 25 years of industry expertise and consumer research, analyzes the top trends influencing the future of the connected home and digital lifestyle.

ABB and andyRobot Develop Standard RoboScreen Packs

Function packages feature five robot and screen size combinations, dedicated software and concert style mixing board for simplified control

Why is ABUS Audio Still Going Strong?

ABUS is an analog line level system on Cat5 with keypads in each room that are true amplifiers with speaker level output using minimal speaker lengths to a pair of speakers per keypad and a hub pushing the line level audio/IR and 24 Volts to each amp/keypad.

"Hands-Free" Corporate Communication

"The single biggest problem in communication is the illusion that it has taken place." - George Bernard Shaw (1856-1950), Irish playwright

When Should You Walk Away From a Sale?

Just remember that if something sounds or looks too good to be true, check it out - and if it doesn't feel right, consider walking away.

Crestron Ultimate Home Automation Solution Demonstrated in Las Vegas Show House

The New American Home 2013 achieved LEED Platinum Status from the U.S. Green Building Council and Emerald status under the National Green Build Standard.

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Automation & Control - Featured Product

GreenPeak’s GP565 – ZigBee for smart Remote Controls

GreenPeak's GP565 - ZigBee for smart Remote Controls

The GP565 Smart Home RF chip for remote controls supports voice control, motion sensing and the new ZRC 2.0 protocol. The GP565 is optimized for advanced & low cost ZigBee RF4CE remote controls. • 120k or 248k Flash (8k or 16k RAM) memory • 40-pin footprint to support a keyboard scanner interface or other IO interfaces required for remote controls. • Reduced current consumption and improved receiver sensitivity and output power • Patented Antenna Diversity technology enables superior range and WiFi/Bluetooth interference rejection