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LG ELECTRONICS ANNOUNCES NEW SOLUTIONS FOR AUTOMOTIVE INNOVATION PARTNERSHIP WITH GOOGLE

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LG Reinforces Technology Leadership with IVI and SDV Technologies Delivering Seamless Multi-Display Experiences and Optimized Single-SoC Performance

News Summary

LG Electronics announced its latest AAOS and AAOS-based IVI and SDV solutions, earning recognition from Google and automakers.LG’s solutions enable simultaneous control of multiple in-vehicle displays using a single SoC, helping automakers reduce system complexity and deployment costs.LG demonstrated seamless multi-display experiences across navigation, vehicle information and entertainment, along with personalized passenger features such as individual logins, content sharing and parental controls.Google executive acknowledges the solution’s performance, stability, intuitive voice controls and flexible SoC compatibility, reinforcing future collaboration opportunities with LG in SDV innovation.

SEOUL, South Korea, May 28, 2026 /PRNewswire/ — LG Electronics (LG) showcased its latest suite of in-vehicle infotainment (IVI) and software-defined vehicle (SDV) solutions, which earned strong recognition from Google and global automakers.

Showcasing LG’s AAOS-Based Innovations

A new range of solutions is built on Android Automotive OS (AAOS) and AAOS SDV technologies. While AAOS SDV enables software to define and control core vehicle functions from driving performance and convenience features to safety systems, AAOS serves as the foundation for delivering infotainment experiences to passengers.

Enabling Seamless Multi-Display Experiences with a Single SoC

A key element is a new solution for simultaneously controlling multiple in-vehicle displays. Powered by Qualcomm Technologies’ next generation Snapdragon® Cockpit Platform, LG’s solution offers clear, vibrant images and smooth, stable performance enabling a seamless experience across navigation, vehicle information, and entertainment.

Unlike conventional in-vehicle display systems, which require a separate control chip for each screen, LG’s AAOS-based solution can simultaneously control multiple displays with different aspect ratios using only a single system-on-chip (SoC). Leveraging LG’s efficient resource allocation technology and system load optimization capabilities, the solution supports automakers to significantly reduce the cost of deploying multi-display in-cabin systems.

Delivering Personalized and Intuitive In-Cabin Experiences

LG’s technology allows each person in the vehicle to view different content at the same time. For example, the driver can use navigation on the main display while the front-seat passenger watches YouTube, and the rear-seat passengers enjoy live TV content on their respective screens. The solution also supports individual user login accounts, personalized settings, content sharing and parental controls, enabling a more customized and flexible in-cabin entertainment experience for every passenger.

Additionally, LG has enhanced its voice command-based user interface to provide easier control in large panoramic dashboard environments. With simple spoken commands, users can adjust screen layouts, control key vehicle functions, launch apps and manage system volume. The reduced need for touch interaction contributes to improved convenience and safety in-cabin.

Strengthening Collaboration With Google for the SDV Era

Google executives commended LG’s solution for its stable performance, differentiated user experience and ability to support cluster and media entertainment functions through a single SoC.

The solution also received a favorable evaluation for its flexibility in various SoC environments, its potential suitability for a wide range of automotive applications, and its broad chipset compatibility. The positive response reaffirmed the strength of LG and Google’s partnership and signaled further opportunities for collaboration.

“LG’s solution clearly demonstrated how AAOS can enable more flexible, intelligent and engaging in-vehicle experiences,” said Patrick Brady, vice president of Android Automotive at Google. “Its seamless multi-display integration, intuitive voice controls and stable performance powered by a single SoC stood out, and we look forward to continuing our collaboration with LG to advance innovation for the SDV era.”

“We are honored that our technological expertise and commitment to customer experience innovation have been recognized,” said Eun Seok-hyun, president of the LG Vehicle Solution Company. “Through continued collaboration with Google and other major global tech partners, LG will continue to deliver differentiated in-vehicle customer experiences.”

About LG Electronics Vehicle Solution Company

The LG Vehicle Solution Company (VS) is bringing LG’s unique mobility innovations to the automotive industry. As a trusted and innovative partner, the company provides intelligent solutions including head units, displays, connectivity, ADAS vision systems, and software solutions integrating human-centered AI and automotive engineering into the modern AI/software-defined vehicle. Committed to “Driving better future mobility,” the company has diversified its portfolio to further strengthen its capabilities, including automotive lighting systems, e-powertrain and cybersecurity. For more information, visit www.LG.com/global/mobility. To stay updated with the latest news, subscribe to the LG mobility newsletter, LG Loop at www.LG.com/global/mobility/newsletter and follow the LG VS Company LinkedIn channel at www.linkedin.com/company/lgvehiclesolution.

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SOURCE LG Electronics, Inc.

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SiriusXM Declares Quarterly Cash Dividend

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NEW YORK, July 22, 2026 /PRNewswire/ — SiriusXM (NASDAQ: SIRI) today announced that its Board of Directors declared a quarterly cash dividend of $0.27 per share of common stock. This regular quarterly dividend is payable in cash on August 26, 2026, to stockholders of record at the close of business on August 10, 2026.

About Sirius XM Holdings Inc.
SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music streaming services of Pandora; an expansive podcast network; and a suite of business and advertising solutions. Together, SiriusXM reaches a combined monthly audience of approximately 255 million listeners. SiriusXM offers a broad range of content for listeners everywhere they tune in with a diverse mix of live, on-demand, and curated programming across music, talk, news, and sports. For more about SiriusXM, please go to: www.siriusxm.com.

Source: SiriusXM

Investor contacts:
Jennifer DiGrazia
investor.relations@siriusxm.com 

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SOURCE Sirius XM Holdings Inc.

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Shutterstock Announces Capital Allocation Update

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NEW YORK, July 22, 2026 /PRNewswire/ — Shutterstock, Inc. (NYSE: SSTK) (the “Company”), a family of brands delivering scalable creative and GenAI solutions to help customers fuel great work, today announced that at a meeting held on July 20, 2026 its Board of Directors (the “Board”) resolved to suspend the Company’s future quarterly cash dividend.

The Board’s determination reflects its ongoing review of the Company’s capital-allocation priorities and its focus on deploying capital to support long-term value creation for shareholders, including reducing debt, minimizing related interest expense and strengthening financial flexibility.

The Board will continue to evaluate the Company’s capital allocation priorities as part of its regular governance process. Any future declaration and payment of dividends, and the amount thereof, will remain subject to the discretion of the Board and will depend upon the Company’s results of operations, financial condition, capital requirements, contractual restrictions, applicable law, and such other factors as the Board deems relevant.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements may discuss intentions and expectations as to future plans, trends, events, results of operations or financial condition, or otherwise. Forward-looking statements speak only as of the date they are made and should not be relied upon as predictions of future events, as there can be no assurance that the events or circumstances reflected in these statements will occur. Forward-looking statements can often, but not always, be identified by the use of forward-looking terminology including “believes,” “could,” “expects,” “intends,” “may,” “might,” “ongoing,” “plans,” “seeks,” “should,” “will,”  or the negative of these words and phrases, other variations of these words and phrases or comparable terminology, but not all forward-looking statements include such identifying words. Forward-looking statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from those indicated or anticipated by such forward-looking statements. The forward-looking statements in this press release relate to, among other things, the Company’s capital allocation strategy, the suspension of the Company’s quarterly cash dividend, the Company’s plans with respect to debt reduction, interest expense management and financial flexibility, and any future declaration and payment of dividends. For a discussion of factors that could cause actual results to differ materially from those contemplated by forward-looking statements, see the sections captioned “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, the Company’s Quarterly Reports on Form 10-Q, and the Company’s other filings with the Securities and Exchange Commission. While those factors are considered representative, no list of risk factors should be considered a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. The Company assumes no obligation to update forward-looking statements, and the Company disclaims any such obligation, except as may be required by law.

About Shutterstock
Shutterstock is in the business of turning ideas into impact. Powered by a global network of millions of creators and our cutting-edge technology, we provide businesses, creatives, and brand leaders with the essential, universal ingredients to make their work more effective. Shutterstock offers access to one of the world’s largest and most diverse collections of high-quality licensable assets, specialized training datasets, evaluation tools, and end-to-end strategic partnerships for the full model training lifecycle, as well as advertising and distribution solutions, exclusive editorial content, and full-service studio production—delivering unparalleled resources to fuel great work.

Discover our impact at www.shutterstock.com and connect with us on LinkedIn, Instagram, X, Facebook and YouTube.

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SOURCE Shutterstock, Inc.

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ICI Welcomes Bipartisan Sponsors of Bill to Stop States from Seizing Long-Term Investors’ Savings

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WASHINGTON, July 22, 2026 /PRNewswire/ — The Investment Company Institute released the following Viewpoints blog. To learn more about why this issue matters and how the SAFER Act would help protect American investors, watch our video on LinkedIn.

Millions of American investors have adopted the advice given by financial advisors to invest for the long term and then leave those savings alone. In some states, however, following this guidance can get your account seized. That was the warning sounded at an event featuring the sponsors of the bipartisan SAFER Act, Representatives Sam Liccardo (D-CA) and Mike Lawler (R-NY), who joined ICI leaders to make the case for a federal solution to the problem of state unclaimed property laws that can treat buy-and-hold investors as though they have disappeared. 

ICI President and CEO Eric Pan opened the event by outlining the nature of this growing threat. More than 128 million Americans invest in regulated funds, many with the intention of holding them for years, following the advice of many financial educators to “stay in the market, invest for the long term.” They put their money away and go about their lives, confident that the savings will be there when they need it. But under some states’ laws, an account that shows no activity can be declared abandoned and taken into state custody through a process called escheatment.

Pan walked through what seizure means in practice. When a state escheats an investment account, it typically liquidates the holdings — so even an investor who eventually recovers the money gets back only what the account was worth at seizure, with no credit for years of market gains. For retirement accounts, the forced liquidation can also trigger unforeseen tax consequences. And recovering the money at all can take years of paperwork and persistence. Meanwhile, some states are moving in the wrong direction, loosening their rules to make it easier to capture assets. 

“This is where the leadership of Congressmen Lawler and Liccardo is so important,” Pan said. “They’ve introduced the SAFER Act, a federal solution to a problem that exists across the United States. This patchwork of different legal standards, and the fact that the legal standards change constantly, creates a lot of confusion and creates this risk and harm that we’re so worried about.” 

In a panel discussion, the two lawmakers described the issue as an obvious place for Democrats and Republicans to find common ground, given Americans’ widespread use of investment accounts for saving.

“We are, for the most part, a group of Americans who sit on our investments, which is more or less the right strategy,” Liccardo said, noting that this is exactly the approach that inactivity standards put at risk. 

Liccardo pointed to the widely reported case of Walter Schramm, an investor who bought Amazon shares in the late 1990s and then did what many long-term investors do: leave the account be. Delaware deemed the account abandoned and liquidated the shares in 2008, when they worth about $8,000. By the time Schramm discovered what happened years later, the position would have been worth roughly $100,000.

The financial incentives driving state behavior are a concern, Liccardo noted. Unclaimed property has become one of Delaware’s largest sources of revenue, bringing in more than half a billion dollars a year — a powerful reason for states to loosen their standards rather than tighten them. 

Lawler contrasted legitimate unclaimed property programs and what some states are doing now. “It’s one thing to get an asset because it’s truly abandoned,” he said. “It’s another to basically target a group of investors who have a long-term strategy of just not touching the asset and being passive.”

The right standard, Lawler argued, is the obvious one: before seizing investment assets, a state should have to prove the owner is actually deceased. He posited that most Americans would be shocked to learn how little protection they have. “You think you have ownership of this asset, but the state, under current law, can just take it.”

The SAFER Act would establish federal guardrails ensuring that inactivity alone cannot be the basis for escheatment and that states confirm the death of an owner and that no estate or beneficiary has claimed the assets before escheating investment accounts. It would also require states to leave unclaimed investments in place, rather than liquidating them, until they can prove abandonment.

Both lawmakers said the path to fixing the problem is through public awareness of the threat some state laws pose to Americans financial security. “Ultimately the American people will rise up,” Liccardo said. “It may take a little while. We just have to get the information to them.”

Contact: media@ici.org 

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SOURCE Investment Company Institute

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