TECH NEWS

Schnieder Electric liked PTC so much, it bought the company! CEO Olivier Pascal Blum explains why it's making its largest ever acquisition

Back in the 1970s, entrepreneur Victor Kiam told us that:

I liked it so much, I bought the company!

He was talking about Remington Products, but I was minded of his catchphrase when it was announced this week that Schneider Electric intends to buy PTC for a cool $22.6 billion, the largest acquisition gambit in its history and one that comes on the back of a $3.1 billion bid to buy industrial AI firm Cognite back in July.

Schneider had been a long-term customer of PTC, but will now, assuming that all the necessary regulatory hoops are successfully jumped through, become the proud owner of a portfolio of industrial software that will massively increase its foorpint in what CEO Olivier Pascal Blum characerizes as a market that has evolved just over the past 12 months:

We've seen acceleration of energy everywhere, acceleration of digital. And we've seen our customers,...

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This design software reimagines everyday objects as self-aware devices

As a child, you likely saw a few Disney movies depicting inanimate objects, such as clocks, cups, and toys, as interactive companions to humans — an act of pure magic, seemingly. But scientists at MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) are now doing something similar: transforming stationary items

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This New Device ‘Bricks’ Your Phone When You Enter Your Bedroom - CNET

Brick, the maker of my favorite device for curbing doomscrolling, launched its first new product since the Brick on Thursday. Called Brick Night, it was designed to automatically block apps the moment you enter your bedroom to promote better sleep. While 87% of US adults sleep with their phones in

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Soon You Won’t Have to Do Dishes at an Airbnb (Unless You Really Want To) - CNET

You’re checking out in an hour, and there’s a pile of dishes. If it’s an Airbnb, don’t worry about it. The lodging platform recently updated its policy about what hosts can ask guests to do, and some cleaning chores are now off the list. In the

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Unlock Your iPad’s Full Potential With Up to $190 Off Magic Keyboard Cases at Woot - CNET

Save up to $190: Apple’s iPads have gotten pretty powerful, and if you want to unlock their full potential, you should pair them with a Magic Keyboard case. It essentially turns your tablet into a laptop, and right now you can grab one for up to 60% off at

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This design software reimagines everyday objects as self-aware devices

This New Device ‘Bricks’ Your Phone When You Enter Your Bedroom - CNET

Soon You Won’t Have to Do Dishes at an Airbnb (Unless You Really Want To) - CNET

Unlock Your iPad’s Full Potential With Up to $190 Off Magic Keyboard Cases at Woot - CNET