Amazon's Bee unit launched the $74.99 Bee Frontier AI wristband, available now in the US, and announced the Bee Eclipse phone attachment, starting at $99.99 and coming soon.
It records and transcribes the wearer’s daily activities, recaps conversations and automatically generates to-do lists through a companion app.
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Cohere announced the initial close of a Series E round targeting up to CAD $7 billion, which would value Cohere at CAD $35.7 billion if fully raised. The companies of Schwarz Group lead the round. Cohere calls it the largest private raise by a Canadian tech company.
Marvell is in advanced talks to acquire optics maker Lumentum, Bloomberg News reported Oct 28, citing people familiar, and a source told Reuters the same. A deal could be announced as soon as next week, though talks are private and no agreement has been reached. Lumentum rose about 9% after hours and Marvell fell more than 8%, per Reuters.
Samsung reported record third-quarter operating profit of 107.4 trillion won and said it is the world's first tech company to exceed 100 trillion won in quarterly operating profit. Its chip division earned 106.5 trillion won of that, and Samsung said on its call it expects 2027 results to surpass 2026.
Amazon's new Echo Dot, Echo Studio and Echo Time are available now, while the Echo Show 16 is preorder only from $499.99 and ships later this year, Amazon says.
The FCC's Space Bureau approved Amazon Leo's acquisition of Globalstar on Oct 27, including about 25 MHz of Globalstar's mobile-satellite spectrum, under delegated authority. The deal, reported by Reuters at $11.57 billion, is still expected to close in 2027, and Amazon says it will keep supporting iPhone and Apple Watch satellite features.
