MOBILE, Ala. - It looks like the market for smart watches and wearable devices is growing.
Microsoft is reportedly working on designs for a touch-enabled watch. Apple is also working on its plans for a smart watch.
The Wall Street Journal says big tech companies are betting on a boom in wearable computerized gadgets, thanks to sensors that detect body temperature, location, and voice commands. Nike has a product called the fuel-band that measures physical activity. And, Google is testing Google Glass, which connects eyeglasses to the internet.
There could be a bidding war for Sprint Nextel. Dish Network announced yesterday it has bid more than $25 billion to buy the cell phone company. The bid is an attempt to snatch Sprint away from Japanese tech company, Softbank. Sprint is the country's third-largest cell phone carrier. The company says it will evaluate Dish's offer.
Ford and General Motors are teaming up again to design some advanced automatic transmissions.
They announced yesterday that together they'll develop 9-speed and 10-speed transmissions, in an effort to improve fuel efficiency. The new transmissions will be jointly engineered, but each automaker will separately make them for its own vehicles.
Ford and GM will also create separate software for controlling the transmission.
That's your Daily Tech.
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