Google Buys HTC’s Pixel Team for $1.1 Billion
The agreement with the Taiwanese firm “further reinforces [Google's] commitment to smartphones and overall investment in its emerging hardware business.”
Google’s Non-Advertising Revenue Rises 62%
CFO Ruth Porat sees "tremendous potential" in such businesses as hardware products, apps sold through the Google Play store, and the cloud.
AR/VR Market to Grow to $162 Billion in 2020
Research firm IDC is predicting 181% annual growth for the market as hardware becomes less expensive.