A smartwatch project on crowd-funded site Kickstarter has exceeded its $100,000 (£64,000) financial target in the first day of its 30-day funding window.
The Omate TrueSmart is designed to connect to a smartphone via Bluetooth or WiFi and can also become a stand-alone mobile phone if a SIM card is fitted.
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Microsoft CEO Steve Ballmer has announced his intention to retire as CEO within the next 12 months.
He was the company’s first business manager and was promoted to a number of positions before becoming CEO in 2000.
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Finnish company Jolla, which is working on a smartphone powered by the Sailfish operating system, says its first production batch of smartphones has been fully booked.
The device was launched in May and is expected to start shipping by the end of the year.
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A new report from Juniper Research shows that new smartphone operating systems are expected to gain ground in niche areas during the next few years. Mobile platforms such as Asha, Sailfish and HTML5-based systems are likely to increase their market share thanks to cost innovation and local knowledge.
However, the global smartphone market is still expected to be dominated by Android and Apple iOS.
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The Ubuntu Edge, a high-spec flagship smartphone from Canonical that was attempting to raise $32 million via crowd-funding site Indiegogo, has failed to achieve its target.
In total, over $12.8 million was pledged by almost 20,000 people around the world. Their money is now being refunded.
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