Google has just premiered its TV announcements for next week’s Consumer Electronics Show, where the major television makers will be showing off the latest in “Smart” internet-connected sets.
The addition of LG TV models and replacements for Intel as the processor maker for Google TVs is the new news, although Google revealed its activation rates for its “TV meets the Web” service have doubled since Version 2.0 of Google TV was launched in October, suggesting a boost for sales of Sony devices. Read more
Marvell, the US semiconductor company, has bought Xelerated, the Swedish maker of networking infrastructure chips, in a deal understood to be worth around $100m.
Meanwhile, UK-based Picochip was bought by Mindspeed Technologies, a US chip vendor, in a deal valued at up to $76.8m, including a $51.8m in cash and shares and up to $25m earn-out. Read more
US regulators charged a financial adviser with trying to sell $500bn-worth of fraudulent securities on LinkedIn, and issued an alert warning investors of a growing number of social media schemes.
The Securities and Exchange Commission also called on investment advisory firms to bring their anti-fraud monitoring systems up to date with the evolutions in online communication.
The actions signal a determination of the SEC to pursue fraud on social media sites, and raise the stakes among the many investment firms who have been struggling to find the right technology to track their staff’s social network activity and comply with federal laws. Read more