Welcome to The Wearable Weekly, your trusted guide to all things wearable tech. If you only have time to read one thing about wearables this week, this is it.
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Statistics and Forecasts
Snap reportedly stuck with ‘hundreds of thousands’ of unsold Spectacles (The Verge)
According to the ‘Display Market Report for AR and VR’ published by UBI Research, OLED for AR and VR will hold 52% market share and by 2021 it’ll leap to 80% market share (Patently Apple)
Everysight’s Raptor AR glasses pre-orders start (Wareable)
Misfit Vapor smartwatch gets October 31st release date (The Verge)
Funding & M&A
Acer Invest $5m In Starbreeze’s StarVR Corporation (VR Focus)
Pimax “8K” Surpasses Oculus Rift as Top VR Headset Kickstarter Project, $2.45M Raised So Far (Road to VR)
Unreal Engine 4.18 Now Available With Native ARKit And ARCore Support (VR Focus)
Fitbit’s first smartwatch can now make payments in the UK (Engadget)
Microsoft’s new studios create Mixed Reality holograms (The Verge)
Mastercard, Qualcomm-Powered ODG Smartglasses Use Iris Authentication for AR Shopping (Next Reality)
Watch OS 4.1 adds new Radio and streaming music features to Apple Watch Series 3 (CNET)
Alejandro G. Iñárritu’s VR project wins an Oscar (Polygon)
Bullet-time creator John Gaeta is going to Magic Leap (The Verge)
Microsoft patents flat lenses useful for a more compact HoloLens (MSpoweruser)
This story was originally published on BetaKit.