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TAIPEI -- Lite-On Technology reported March consolidated revenues rose 1.1% year-over-year to NT$18.4 billion ($568.5 million).

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BOSTON – Global virtual reality headset revenues will reach $895 million in 2016, with 77% of that value accounted for by newly launched premium devices from Oculus, HTC and Sony, says Strategy Analytics.

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STAMFORD, CT – Worldwide IT spending is forecast to total $3.49 trillion in 2016, down 0.5% over 2015, says Gartner. The forecast is down from the research firm's previous outlook of 0.5% growth, published last quarter.

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