GOQii raises $13.4 million in funding led by Cheetah Mobile
4:00 pm PDT 26/11/2015 By AnimationXpress Team

Wearable fitness devices maker GOQii has said it has raised $13.4 million from New Enterprise Associates and Cheetah Mobile. The Series A funding also saw participation from Great Wall Club (GWC), DSG Consumer Partners, Ilkka Paananen (CEO & co-founder of Finnish gaming startup Supercell) and angel investor Pravin Gandhi, GOQii said in a statement. The company will use the funds to focus on expansion in new markets globally and growth, GOQii said in a statement. “This additional funding is a … Read More

Red Chillies Entertainment trusts WD with storage solutions for ‘Dilwale’
10:00 am PDT 24/11/2015 By AnimationXpress Team

WD, a Western Digital company and digital storage leader, has reinforced its commitment to the Indian film industry by entering into an agreement with Red Chillies Entertainment for the second time. As part of this association, WD supported the making of the upcoming movie, Dilwale, directed by Rohit Shetty by providing storage technology solutions on which the entire movie was stored and edited. WD is the ‘Digital Storage Partner’ for Dilwale, a movie that’s enriched with remarkable special effects and … Read More

Google catches Star Wars fever; partners with Disney for apps
7:00 pm PDT 23/11/2015 By AnimationXpress Team

The visit to a certain will see you choose between the Dark Side and the Light Side, personalising your Google account with the Star Wars themes in the wake of promoting the upcoming Star Wars saga The Force Awakens. The choice between the two sides will see the changes on your Google apps in a range of ways. For example, install the suggested Chrome extension, and each time you open Google Maps to search for the direction to your … Read More

AMD to release two new GCN GPUs next year
2:00 pm PDT 19/11/2015 By AnimationXpress Team

With the recent change in its software systems and moving away from its 13 year old Catalyst Control Centre in favour of Radeon Software, the company is seriously taking steps forward to capture the market and in doing so AMD’s Radeon Chief, Raja Koduri has promised two new GCN graphics cards for 2016. The company says that the new GPU driver will play an important role in business strategy and with the regular updates would help consumers take better advantage … Read More

The Foundry hires former Shine CEO, Alex Mahon in same capacity
3:00 pm PDT 12/11/2015 By AnimationXpress Team

Alex Mahon, the former CEO of Shine Group, has joined the leading design and visual effects software firm, The Foundry, as chief executive. Mahon joins The Foundry coming from the Shine Group, the production company behind such hits as MasterChef, Spooks and Broadchurch. During Mahon’s tenure at the Shine Group, which began in 2006, she built it into a business operating in 12 countries with revenues of £700m before its sale in December 2014. She had previously held senior positions … Read More

AMD to retire its graphics driver software Catalyst after 13 years in existence
9:00 pm PDT 02/11/2015 By AnimationXpress Team

The graphics card software which has been in the AMD artillery for the last 13 year and helping it fend off the competition from its rivals Nvidia is set to retire. Catalyst, the old name for the Radeon graphics driver suite will cease to exist by the end of the year. Radeon Software Crimson is the new Radeon graphics driver suite, but there’s much more to it than a fancy new name. Here’s AMD’s statement regarding the announcement: This team [The … Read More

LeTV to launch in India in 2016; eyes local content partnerships
9:30 am PDT 30/10/2015 By AnimationXpress Team

Chinese cross-platform internet video service LeTV has set its sight on the Indian market and plans to launch here by early 2016. Apart from introducing its mobile devices to the Indian market, the company is also looking at replicating its content-device ecosystem in India and offer a new entertainment based experience. The company is keen to provide Indian consumers with local entertainment-based content. To this effect, LeTV is in search for local partners in India, who are active in the content creation … Read More

Ray Dobly’s widow Dagmar Dolby sells $3.5 million worth of shares in stock
2:30 pm PDT 28/10/2015 By AnimationXpress Team

The founder of one of the major players in the sound technology space Ray Dolby, who passed away in September of 2013, would be turning in his grave as a major development in the company has left the stock market in a state of shock. Major shareholder Dagmar Dolby sold 100,000 shares of the firm’s stock in a transaction on last Friday, 23 October. The stock was sold at an average price of $35.19, for a total value of $3,519,000. … Read More

Dell to acquire EMC in $67 billion record deal
6:00 pm PDT 12/10/2015 By AnimationXpress Team

Computer maker Dell along with MSD Partners and Silver Lake announced on Monday that it had agreed to buy data storage company EMC Corp in a $67 billion cash and stock. This is a record technology deal that will unite two mature companies and create an enterprise technology powerhouse. “We’re creating an unbelievable powerhouse of an enterprise company,” said Dell Chairman and CEO Michael Dell. “This is really all about bringing together complementary technologies and helping our customers address the … Read More

AMD to cut 500 jobs as cost saving measure; expects to save $9 mn over next 2 quarters
1:00 pm PDT 09/10/2015 By AnimationXpress Team

The top bosses at Advanced Micro Devices (AMD) are facing the heat of competition from market leaders Intel. Anyone who has been following the processor wars and PC landscape as a whole, it probably won’t come as much surprise that the chip designer headquartered in Sunnyvale, California, has planned a restructuring to slash its workforce by around 5 per cent. That works out to about 500 employees. The chip maker currently staffs nearly 9,500 employees across its global offices and … Read More

Microsoft burns the floor with HoloLens and Project X-Ray
5:00 pm PDT 07/10/2015 By AnimationXpress Team

Microsoft’s latest Windows 10 Devices presentation did not reveal much about the gaming and things on Xbox apart from the usual games releasing during the holiday season, bundles and the new dashboard. But, what caught everyone’s eye at the presentation was the demo of HoloLens and a little game called Project X-Ray. To everyone who does not know what HoloLens is, it is a pair of see-through HD holographic lenses, and is the world’s first holographic processing unit that runs fully untethered with … Read More

AMD partners with Oculus and Dell to power Oculus ready PCs
5:00 pm PDT 06/10/2015 By AnimationXpress Team

Chip-maker AMD has announced that it is partnering with Oculus and Dell to develop VR ready computers for consumers. The collaboration essentially comes down to Dell’s Oculus-ready PCs being equipped with AMD Radeon graphics cards. These Dell and Alienware branded PCs are designed to be able to deliver “stunning gaming performance and enable spectacular VR experiences” straight from the box claims AMD. It says that its VR leadership, with LiquidVR and the Graphics Core Next architecture, enables such experiences. “It’s an exciting … Read More