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When Chinese tech giant Baidu bought hardware startup Raven Tech early last year for about $90 million, executives hoped the maker of smart speakers would be a lynchpin of Baidu’s artificial intelligence strategy. Raven’s central role seemed to be cemented when its speaker received prominent billing at Baidu’s annual tech conference in November.
But a few months later, after ...
One of the more out-there experiments in how the tech industry wants to shape the future of housing will kick off this summer in San Francisco’s South Park neighborhood, which is dotted with venture capital offices. In some small apartments in a renovated building, beds, closets and cabinets will hang from the ceiling like light fixtures, attached to a motorized hoist system that lets ...
On the day Intel completed its $175 million purchase of smart-spectacle maker Recon Instruments in June 2015, Intel CEO Brian Krzanich flew to Recon’s Vancouver headquarters to welcome the 60-person company. For the next year, he showed close interest in the business, meeting frequently with Recon chief Dan Eisenhardt, even though Mr. Eisenhardt was several rungs down the corporate ...
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