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Telepathy, a Silicon Valley startup, has raised $5 million in a first round of funding to develop wearable computing technology that rivals Google Glass.

"Wearable technology will enable the next wave in social networking," Telepathy CEO Takahito Iguchi said in a statement. "The $5 million funding will enable us to enrich the user experience of Telepathy One, which we expect to bring to market in 2014."

Social notworking. Waaaaay too geeky for me. ;-)  To read more, click here.
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