// M&A, Strategies, Alliances //
- CEVA has acquired Hillcrest Labs from InterDigital, the intelligent sensor business that provides software and components for sensor processing in connected devices, including IoT designs as well as things like CPE.
- Velodyne has acquired Mapper.ai, a startup that provides mapping and localization software that Velodyne will be using in its Velarray solid-state lidar sensor, which should make it much easier for Velodyne to pitch the array to OEMs and automakers.
// Hardware //
- STMicroelectronics has announced the integration of the IOTA Foundation’s Tangle system into its STM32Cube software, which opens up IOTA payments and transactions to devices based on the STM32 MCU. Remember: don’t call IOTA a blockchain. It’s a distributed ledger. The foundation is quite uptight about that.
// Networks, Protocols, & Wireless //
- Ingenu is still a thing, launching a ‘2.0’ campaign of sorts that claims a $2bn contract pipeline. The firm is taking shots at LPWAN rivals, but given its turbulence, we remain pretty doubtful – cynically optimistic, if you will.
// Big Data, Cloud, AI, and Machine-Learning //
- Microsoft is investing $1bn into OpenAI, as part of an “exclusive computing partnership” that will see the non-profit AI research company use Microsoft’s Azure platform for much of its work. OpenAI was founded as a response to concerns that AI might be harmful.
- Balena (formerly Resin.io) has secured a $14.4mn Series B investment round, with existing investors Threshold, Aspect, and GE Ventures all taking part. Balena’s edge-computing deployment and operations offerings have racked up wins with Sonder, Nurx, Bosch, Booster Fuels, Allscripts, and Zume.
// Smart Homes and Buildings //
- Centrica’s smart home division, Hive, reported an £85mn loss last year on revenues of £67mn, notes The Times, as the paper discusses the future of Centrica’s CEO and whether its divisions will be sold off.
- Google Nest is releasing its Nest Hub Max in September, with the ten-inch screen version costing $230. The integrated camera will allow it to function as a security camera, but these devices have seen limited adoption so far.
// Retail, Marketing, & Supply Chain //
- CM Systems has deployed LoRa-based sensors for commercial kitchen operations with Shake Shack, Five Guys, and Hard Rock Café. It has partnered with Laird Connectivity on the sensor hardware itself, to power the ComplianceMate offering.
- Bosch has announced that it plans to digitize 85% of its supply chains by 2021, using cloud and platform technologies to handle purchasing volumes. Bosch has 37,000 employees in this sector, and automation could seriously streamline operations, as well as provide better inventory and carbon-usage optimization.
// Automotive //
- The World Economic Forum is advocating for shared and electric vehicles to be the main focus for emission reduction efforts, rather than self-driving cars, claiming that these are the only way to achieve the 95% reduction target by 2050.
- GM’s Cruise is delaying its self-driving taxi service, citing performance and safety concerns. Scheduled for 2019, this is apparently a no-go now, but Cruise will be testing what it says is the largest fast-charging EV station in the USA.
- Toyota is investing $600mn in Didi Chuxing, the Chinese Mobility-aaS provider, and the two will be launching a joint venture to create new services for ride-sharing drivers in China.
// Security //
- Nvidia’s Tegra SoC has a number of vulnerabilities, according to researcher Triszka Balazs, who has published the discovery a PoC attack that would allow an attacker to remotely execute code or brick the device. Nvidia has released a patch for ‘Selfblow,’ but apparently every single Tegra-powered device is vulnerable.
- The Industrial Internet Consortium (IIC) has published its Data Protection Best Practices white paper, outlining issues and solutions to security, integrity, privacy and residency.
// Smart Grid & Utility //
- Google Nest has partnered with Leap, a startup that provides demand response services to utilities that will now be using Nest thermostats as the in-home control device. Leap counts PG&E as a customer, and will use Nests to provide part of its 45MW DR contract. Leap customers get the Nest for free in exchange.
// Health //
- The FCC has announced a $100mn pilot program for telehealth services, aimed at finding ways to bring these connected health services to low-income patients and also armed forces veterans. The US regulator is currently seeking comment.