Facebook has formed new PC and mobile VR groups within the Oculus Virtual Reality business. But traditional PC makers like HP Inc. aren't standing still.
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.
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