Updates to the Chrome browser being done on the Android O platform will allow for picture-in-picture support. The new version of Android is expected to be released with the new Pixel phones, which should be announced in the third quarter.
Trend Micro will debut a $100 million fund to target emerging technology, including technology based on the internet of things. In addition to getting funds, startups selected for the venture will be given access to Trend Micro's technology.
Mobile-based platforms for virtual reality are losing some ground with developers this year as they refocus their attention on higher-end systems, according to a survey by UBM Game Network. The study also found gaming and entertainment are the top categories developers are working on.
SensoMotoric Instruments, a developer of eye-tracking technology, reportedly purchased by Apple for an undisclosed amount. The firm, established in 1991, has provided the eye-tracking technology used in the HTC Vive VR headset.
Western Digital and KKR & Co. are continuing efforts to purchase Toshiba's flash memory chip unit by resubmitting their offer for the unit. Toshiba, however, is expected to sign a deal Wednesday with its preferred bidder, which includes a US-based private equity firm and a group led by the Japanese government.
Samsung Electronics invested $1 billion in an Austin, Texas, facility as part of the company's plans to produce faster, more efficient chips. Samsung's three-year development plan includes 8-nanometer process technology in 2017, 7nm by next year and 4nm by 2020.
Sales of American semiconductor companies to China-based companies have stalled as US officials say they don't want US technology capabilities headed there. The US Treasury Department continues to block the $1.3 billion sale of Lattice Semiconductor to Canyon Bridge Capital Partners, which has funding ties to the Chinese government.