News of Note—LeEco, Intel, PayPal and more

news of note

Here are some other stories we're following this morning:

> LeEco “may be reaching its breaking point.” Engadget report

> Intel reportedly killed its smartwatch and fitness tracker division to focus on augmented reality. CNBC story

> PayPal and J.P. Morgan Chase are partnering on a mobile wallet initiative. Wall Street Journal article

> Amazon is offering discounts on some Prime Exclusive smartphones. Phone Arena story