Intel is laying off a major portion of its wearables group

According to sources close to the company, Intel is about to step back from wearables in a big way. In 2014, the company purchased Basis, a little known producer of some truly excellent fitness watches. The acquisition was clearly a piece of a much larger puzzle for Intel, as it folded the brand into NDG – the New Devices Group – a new wing designed to make a big play for the… Read More...