Latest news with #audioTechnology
Sky News
4 days ago
- Business
- Sky News
Ex-BT chief Patterson sounded out about £300m Waves Audio float
A former BT Group chief is being lined up to steer an audio technology business used by many of the world's leading musicians through a £300m London flotation. Sky News has learnt that Gavin Patterson, who now sits on various boards including Ocado Group, is in talks to chair Waves Audio ahead of a listing which could come as soon as next month. City sources said an agreement between the company and Mr Patterson had yet to be finalised. Sky News revealed several weeks ago that Waves Audio, which is headquartered in Israel, had hired bankers from Panmure Liberum to oversee an initial public offering (IPO). The company, which is majority-owned by founders Meir Sha'ashua and Gilad Keren, is expected to raise millions of pounds from the sale of new shares, although the details have yet to be finalised. Waves Audio makes professional digital audio signal processing technology and audio effects used in recordings, mixing, mastering, post-production, broadcasting and live sound. It employs more than 200 people, and has a major international presence, including in Europe and the US. A successful float on London's main market would be a relative rarity given the depressed level of IPO activity in the last couple of years. Data compiled by EY, the professional services firm, showed that there were just five new listings on the London market in the first quarter of the year. Pessimism about the outlook for flotations has been compounded by a steady trickle of companies cancelling their London listings or shifting them overseas - with drugmaker Indivior the latest to abandon the City on Monday. The UK market's biggest hope - that Shein, the Chinese-founded online fashion retailer, would defy the impact of US President Donald Trump's tariffs and list in London - appears to have been dashed, with reports last week suggesting that it would float in Hong Kong instead.
Yahoo
22-05-2025
- Business
- Yahoo
Seattle's AI2-Backed Hearvana Launches Superhuman Hearing Capabilities For Billions Of Devices, Created By Google-Acquired Innovator
A new Seattle-based startup, Hearvana, is making waves in the audio technology industry. Founded by University of Washington computer science professor Shyam Gollakota and PhD student Malek Itani, Hearvana is developing superhuman hearing capabilities for everyday devices. These advancements are poised to be integrated into billions of earbuds, hearing aids, and smartphones, according to GeekWire. The company is being incubated by the AI2 Incubator, part of the Allen Institute for AI, which was founded by Microsoft (NASDAQ:MSFT) co-founder Paul Allen. The incubator was launched by AI2's founding CEO Oren Etzioni to support early-stage AI startups, according to the institute's website. The company aims to use artificial intelligence to make hearing seamless, personalized, and radically more powerful for billions of users, GeekWire reports. Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Gollakota told GeekWire that Hearvana is 'creating AI breakthroughs that are shaping the future of sound,' adding that their 'AI algorithms enable on-device superhuman hearing capabilities and will be part of billions of earbuds, hearing aids, and smartphones.' Hearvana's technology focuses on real-time audio filtering, letting users choose what they want to hear while blocking out everything else. According to GeekWire, the company's AI can locate sound sources, understand their distance, and build what Gollakota and his team describe as a "sound bubble." This innovation solves a pain point nearly everyone experiences, trying to follow a conversation in a noisy restaurant or crowded event. The algorithms run directly on a device, meaning no data needs to be sent to the cloud, GeekWire reports. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Hearvana's early research, published in November by Gollakota and Itani, demonstrated headphones that adjust dynamically to noise and user focus. The team believes this approach could soon set the standard in next-generation audio technology, aligning with the broader professional audiovisual market, which is projected to reach $422 billion globally by 2029, according to AVIXA's 2024 Industry Outlook and Trends Analysis. Hearvana's founding team blends academic excellence with real-world traction. Gollakota is no stranger to startup success. According to GeekWire, he previously co-founded Sound Life Sciences, which developed smartphone-based breathing detection and was acquired by Google in 2022. He also co-founded Wavely Diagnostics, a smartphone app that detects ear infections. The startup's team brings together expertise from academia and industry. Itani, who previously interned at Meta (NASDAQ:META), worked on smart glasses during his time at the tech giant, GeekWire reports. The team's work has already drawn support from Oren Etzioni, technical director at AI2 Incubator.'Hearvana is my favorite kind of startup,' Etzioni told GeekWire. 'It addresses a familiar pain point — we all struggle to hear in noisy settings like a restaurant or a party — with deep AI technology.' Hearvana is also actively hiring as it gears up to scale its impact. In a recent LinkedIn post, Gollakota announced the company is looking for passionate candidates to help shape "the future of sound." The startup is currently recruiting for two key roles: a founding deep learning engineer and a founding acoustic simulation engineer. As Hearvana continues to develop its technology, the company may make significant contributions to the field of audio processing. By combining cutting-edge AI with practical applications, Hearvana aims to enhance the auditory experience for users worldwide. Read Next: Invest where it hurts — and help millions heal:. Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? MICROSOFT (MSFT): Free Stock Analysis Report This article Seattle's AI2-Backed Hearvana Launches Superhuman Hearing Capabilities For Billions Of Devices, Created By Google-Acquired Innovator originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Globe and Mail
14-05-2025
- Globe and Mail
OpenAudio HoloWhas Ultra and Plus Models Outshine JUKE Audio in Multi-Room Streaming Amplifiers
In the ever-evolving landscape of home audio technology, the demand for multi-room streaming amplifiers has surged as families seek seamless audio distribution across various areas of their homes. Two major players in this market, JUKE Audio and OpenAudio, have been at the forefront of providing solutions. However, a detailed comparison reveals that OpenAudio's HoloWhas Ultra and Plus models offer superior performance and value for money. JUKE Audio: A Brief Overview JUKE Audio offer two primary models: the JUKE-6/8 and the JUKE+. The JUKE-6/8 provides 40W per channel, totaling 480W for six zones and 640W for eight zones. It supports up to four streaming inputs and features reliable Phoenix connectors. The JUKE+ ups the ante with 100W per channel, totaling 1200W, and supports four streaming inputs. Both models come with simple web-based interfaces for zone control. OpenAudio: The Game Changer OpenAudio, a rising star in the audio technology sector, has introduced a range of models that promise to revolutionize the multi-room streaming experience. The HoloWhas Ultra and HoloWhas Plus models stand out for their exceptional performance and user-friendly features. HoloWhas Ultra: HoloWhas Plus: Comparative Analysis When comparing the HoloWhas Ultra to the JUKE-6/8, the differences are stark. The HoloWhas Ultra offers higher power output (60W per channel vs. 40W), supports more streaming inputs (eight vs. four), and features high-performance Banana Plugs instead of the Phoenix connectors found in the JUKE-6/8. The VFD display on the HoloWhas Ultra provides detailed control and monitoring, a feature missing in the JUKE-6/8. Similarly, the HoloWhas Plus outperforms the JUKE+ in several key areas. With 100W per channel and a total output of 1600W, the HoloWhas Plus offers more power than the JUKE+ (1200W). It also supports more streaming inputs (eight vs. four) and uses high-performance Banana Plugs. The VFD display on the HoloWhas Plus provides a user-friendly interface for controlling and monitoring audio settings, which the JUKE+ lacks. Conclusion OpenAudio's HoloWhas Ultra and Plus models are setting new standards in the multi-room streaming amplifier market. They offer higher power output, more streaming inputs, superior connectivity options, and detailed control displays, all at competitive prices. For families looking to enhance their home audio experience, OpenAudio's models are not just a choice but a clear advantage over JUKE Audio. About OpenAudio OpenAudio is a leading innovator in audio technology, dedicated to delivering high-performance solutions that enhance the listening experience. With a focus on user-friendly design and superior audio quality, OpenAudio continues to push the boundaries of what is possible in home audio systems. Contact Information For more information, please contact: support@ Media Contact Company Name: OpenAudio Contact Person: Email: Send Email Country: United States Website:
Yahoo
08-05-2025
- Business
- Yahoo
Turtle Beach: Q1 Earnings Snapshot
WHITE PLAINS, N.Y. (AP) — WHITE PLAINS, N.Y. (AP) — Turtle Beach Corp (TBCH) on Thursday reported a loss of $664,000 in its first quarter. The White Plains, New York-based company said it had a loss of 3 cents per share. The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share. The audio technology company posted revenue of $63.9 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $62.3 million. Turtle Beach expects full-year revenue in the range of $340 million to $360 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on TBCH at Sign in to access your portfolio
