Rumors about Intel wearable group layoffs show just how difficult it is to productize, monetize and profit from consumer IoT and wearable technologies.
Avnet (NYSE: AVT) has acquired Hackster, an online community that helps users learn how to design, create and program Internet of Things (IoT) hardware.
HP Inc. (HPQ) will cut 3,000 to 4,000 positions during fiscal 2017-2019. The HP layoffs are on top of 3,000 job cuts that will be completed in fiscal 2016.
Intel says the PC market is showing some signs of improvement, but that doesn't mean happy days are truly here again for PC desktop and notebook makers.
