Microsoft working on gadget similar to Google Glass

SEATTLE - Microsoft is testing out a wearable gadget similar to Google Glass, according to a report by The Wall Street Journal.

The newspaper quoted people familiar with the Microsoft project who said that the internet-connected eyewear is still in the prototype stage.

Microsoft has not yet commented on the project.

According to The Wall Street Journal report, one research film has predicted that the wearable smart gadget market could be worth $10 billion by 2016.