The Return of Smart Glasses: Hike Shuts Shop; Other Tech Sector Updates

The article discusses the shutdown of Hike, an Indian instant messaging and social app company, noting changing consumer preferences and intense market competition in smart wearable technologies. Happening alongside a resurgence of interest in smart glasses, the piece reviews broader tech sector dynamics and startup lifecycle challenges in India. It highlights the evolving technology acceptance curve and the necessity of sustained innovation and funding for success in consumer electronics.