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Casio to launch smartwatch in 2016

Watchmaker Casio will launch its first smartwatch in 2016, four decades after it brought the digital wristwatch to the world. The Wall Street Journal (WSJ) reports the Japanese firm is in the process of developing the device, with plans to …


LeTV acquires 18% stake in Coolpad for $350M

Chinese streaming firm Leshi Internet Information and Technology (LeTV) will acquire an 18 per cent stake in the country’s largest 4G smartphone vendor Coolpad, making it the second-largest shareholder after Data Dreamland. LeTV will buy over 780 million shares for around …