Can Smart Watch Take The Market of Mobile in 5 Years

The stumbling block is that it will take several years before there are enough sensors in homes, businesses and vehicles to make it worth the trouble to strap on a smartwatch. “For watches to become more popular and more mainstream, they have to deliver a number of capabilities to be relevant,” said Andy Griffiths, head of Samsung’s U.K. and Ireland division. “Our expected timeline is out to 2020.”

New Chicago school budget relies on state pension

The school system tapped borrowed money to make a $634 million, state-mandated fiscal 2015 payment to the Chicago Teachers’ Pension Fund by a June 30 deadline. It also announced $200 million in spending cuts last month that include the elimination of 1,400 jobs.
Talks with the retirement fund over giving the district a $500 million break on its fiscal 2016 pension payment ended without a deal.