Samsung Gear VR Now On Sale for $99 | Crunch Report

TL;DR

Jawbone has laid off 15% of its staff and closed its New York office, Facebook at Work launches a chat client, Tesla recalls all Model S sedans, and Samsung's Gear VR hits stores.

Transcript

Jawbone lays off 15% of its staff, Facebook At Work launches a chat client for co-workers, Tesla recalls every model 5 ever made... and i'm back from vacation! It's Friday November 20th, and this is Crunch Report. Hey everyone, I'm back. Did you miss me? I broke my foot on vacation, so I'll probably never leave again. Turns out I'm not the only one... Read More

Key Insights

• 🧑‍💼 Jawbone's layoffs and office closures suggest the company's efforts to reorganize and streamline its operations.
• ❓ Facebook at Work's introduction of Work Chat indicates its commitment to provide a comprehensive enterprise communication solution.
• 🎅 Tesla's recall of all Model S sedans showcases the company's commitment to safety and customer satisfaction.
• 🚗 The availability of Samsung's Gear VR offers consumers a mobile and accessible virtual reality experience.
• 😀 Wearable device competition is fierce, with Jawbone facing challenges from Fitbit and Apple Watch.
• ❓ Integration partnerships are crucial for Facebook at Work to compete with messaging platform Slack.
• 😚 LG's recall of the Urbane 2nd Edition LTE is a setback for the Android Wear OS and Google's inclusion of LTE data access.

Questions & Answers

Q: Why did Jawbone lay off employees and close its New York office?

Jawbone made the decision to reorganize the company to create a more streamlined and successful organization, resulting in layoffs and office closures.

Q: How will Facebook at Work's Work Chat benefit users?

Work Chat allows coworkers to communicate one-on-one or in groups, share media, make voice calls, and use stickers, providing a convenient and familiar communication platform.

Q: Why is Tesla recalling all Model S sedans?

Tesla discovered a seatbelt issue in one incident in Europe and is recalling all Model S sedans as a precautionary measure to ensure customer safety.

Q: What are the key features of Samsung's Gear VR?

The Gear VR offers immersive virtual reality experiences, requiring a compatible Samsung phone. It is lightweight, comfortable, and includes internal sensors for a realistic 360-degree 3D experience.

Summary & Key Takeaways

• Jawbone, known for its UP fitness tracker and Bluetooth headsets, has laid off 15% of its employees and closed its New York office.

• Facebook at Work introduces "Work Chat," a chat client for enterprise communication, similar to Messenger.

• Tesla is recalling all Model S sedans due to a seatbelt issue in Europe.

• Samsung's Gear VR is now available for purchase, offering immersive virtual reality experiences.