Fitbit Inc reports stellar first quarter results

The development underscores a rising demand for affordable wearables among consumers. In a development that signals a welcome break for wearable devices, wearable device maker Fitbit Inc reported better-than expected first-quarter results reaffirming its full-year revenue forecast. The wearable device maker was able to sell more smartwatches and wearable devices that track health at affordable…

Apple dismisses more than 200 people from its autonomous vehicles group

The changes are seen as a restructuring of leadership at Project Titan. On Thursday, as per a report from CNBC which cites sources familiar with the matter at hand, Apple Inc has dismissed more than 200 employees from Project Titan, its autonomous vehicle group. The dismissals are seen, internally, as anticipated restructuring under the relatively…