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Analyzing the Week in Tech: Declines, Leadership Changes, and Innovations

Happy Friday! This week in tech brought forth a mix of surprising trends, corporate shifts, and technological advancements that are reshaping the landscape of the industry. Let’s delve into the significant developments that emerged.

The Decline of Smartwatch Sales: Have We Reached Peak Smartwatch?

For the first time in history, global smartwatch sales shipments have seen a decline, dropping by 7% in 2024. According to a report from Counterpoint, this downturn signifies a potential plateau in smartwatch popularity, often referred to as "Peak Smartwatch."