W|W: The Wearable Weekly – Oculus CEO steps down

Welcome to The Wearable Weekly, your trusted guide to all things wearable tech. If you only have time to read one thing about wearables this week, this is it.

Don’t forget to subscribe to The Wearable Weekly using the form below to make sure it hits your email inbox every week!


Statistics & Forecasts

AR/VR headset shipments to hit 76 million by 2020, says IDC (Datamation)

Pet wearable market is growing at a CAGR of 16.38% during 2016 to 2020 (Yahoo)

Global wearable medical devices market projected to reach $12.14 billion USD by 2021 (Yahoo)


Device Announcements

Fossil launches three more hybrid smartwatches (Android Authority)

Apple’s AirPods go on sale (TechCrunch)

Under Armour to unveil three new pairs of smart shoes at CES 2017 (Fortune)


Funding & M&A

VR game studio Survios raises two rounds of funding totalling $50 million this year (VentureBeat)

VR game studio Drifter Entertainment raises $2.25 million seed funding (UploadVR)

Google buys Cronologies to make smartwatches better (Wareable)

STRIVR Labs raises $5 million and adds enterprise VR training (UploadVR)

Wearables startup BrainCo raises $5.5 million (PE Hub)


 Major Milestones

Google launches Android Things – an OS for smart things (The Verge)

Oculus CEO Brendan Iribe steps down (Mashable)

Google previews Android Wear standalone apps enhanced for 2.0 (The Verge)

Gear VR gets social with Oculus Rooms and Parties (Engadget)

Pebble says its smartwatches will continue to work through 2017 (TechCrunch)

Felix & Paul partner with 20th Century Fox to develop VR experiences (Variety)

Weight Watchers offering Apple Watch with membership (MacRumors)

Magic Leap loses another high profile executive (Re/Code)

Chrome for Android now includes WebVR API support (Engadget)

Facer updated to 3.0 with support for Tizen and new Android Wear watches (9to5 Google)

Apple Watch software update delayed after glitch (Mashable)

Snapchat Spectacles get prescriptions from GlassesUSA (Android Headlines)


Rumours

Magic Leap may call its first device the Magic Leap One (TechCrunch)

Samsung working on new Gear VR and its own HoloLens (The Verge)

Nintendo Switch VR headset patent suggests Nintendo is considering VR (The Verge)


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Feature photo via eVRydayVR

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Tom Emrich

Sometimes called the “man from the future” Tom Emrich is a leading voice in wearable technology as an investor, community builder and influencer. His passion for this space is driven by his belief that wearable tech plays a critical role in our human evolution.

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