Wi-Gear Not Purchased by Apple

Citing an email from the company's CEO, Barron's reports that yesterday's claim that Bluetooth headphone company Wi-Gear has been acquired by Apple is incorrect.

"The rumor is false," Wi-Gear CEO Mark Pundsack said via e-mail in response to an inquiry from Tech Trader Daily. "Wi-Gear and its IP are still available for sale."

The confusion appears to have stemmed from a source offering inaccurate information and a LinkedIn profile showing one of Wi-Gear's founders now working for Apple being interpreted as the company itself having been acquired.