Apple Acquires Micro-LED Screen Developer LuxVue

Apple has reportedly acquired LuxVue Technology that specializes in low-power micro-LED displays.

Apple has reportedly acquired LuxVue Technology, a tech firm that specializes in the development of low-power, micro-LED displays. The use of such technology for Apple is a perfect fit  for its iWatch, which can use micro-LED screens that are power efficient.

While the acquisition is still unofficial, a company spokeswoman confirmed the deal  toTechCrunch without revealing much details. The report adds that the Santa Clara, California-based tech company has maintained a relatively low-profile despite its highly valuable participation in the tech industry.

"Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans," Kristin Huguet, a spokeswoman for Apple, wrote in an e-mail, Bloomberg reports.

LuxVue Technology was founded in 2009 and its expertise lies in the development of micro-LED screen that consume less energy than other LED screens. The tech company had also filed several patents for its power efficient displays since last year, Venture Beat reports. Google might also be planning to integrate the micro-LED tech for its Glass.

Another confirmation of LuxVue's acquisition comes from one of its investor websites. Kleiner Perkins Caufield & Byers, a venture capital firm that raised $43 million together with iD Ventures America and others, has listed LuxVue's status as acquired.

Apple has added 24 companies to its portfolio over the past 18 months. The Cupertino giant has been readying big-screen iPhones and a new set-top box, but details on either product remain under wraps.

Source:

www.hngn.com

Posted by Editorial Team on 1:18 AM in 24 companies, Apple Acquires, Bloomberg reports, iPhones, Kleiner Perkins Caufield, LuxVue Technology, Micro-LED, Screen Developer LuxVue, TechCrunch, Venture Beat

Developer Leaves GitHub After Alleged Harassment

ast week, Julie Ann Horvath, an influential developer at GitHub, a code collaboration tool, left the company over allegations of prolonged harassment. The company says that it is looking into the matter.

In a lengthy interview with TechCrunch, Horvath described the company's culture as a "boys' club." Among the alleged incidents are harassment from another employee who began taking her code out of projects in response to turning him down, being spied on by an executive's wife, a culture of leering men who lined up to watch two women hula-hooping in the office.

Horvath announced her exit in a series of tweets last Friday.

In a blog post, the company's CEO, Chris Wanstrath, said that GitHub was looking into the matter. Two employees referenced in Horvath's claims have been put on leave. "We still have work to do. We know that," he wrote. "However, making sure GitHub employees are getting the right feedback and have a safe way to voice their concerns is a primary focus of the company."

Prominent investor Paul Graham, who is no stranger to allegations of institutionalized sexism in Silicon Valley, wrote circuitously on Sunday, "Most disputes have two sides. In employment disputes we usually only hear one."

News Source: www.thewire.com

Posted by Editorial Team on 3:32 AM in Alleged Harassment, Chris Wanstrath, Developer, executive's wife, GitHub, Horvath, Prominent investor, stranger, TechCrunch