VENTURE CAPITAL POST

Swiss watchmaker Tag Heuer has unveiled its first Android smartwatch called "Tag Heuer Connected". Tag Heuer Connected combines Swiss watch's classic Carrera design with the U.S. technology.

Tag Heuer, French luxury group LVMH's (LVMH.PA) biggest watch maker, said it will launch a smartwatch later this year using Google Inc's (GOOGL.O) Android operating system in a venture with Intel Corp (INTC.O) to compete head-on with the Apple Watch.