The Verge reports that Microsoft is working on a smartwatch according to the The Wall Street Journal

This wouldn't be Microsoft's first shot at making a smartwatch. Back in 2004 it fielded a product under the name SPOT that would send you instant messages from Windows Messenger, news headlines, stock information, and weather forecasts as part of a paid subscription service. After production stopped in 2008, the SPOT (Smart Personal Object Technology) project was finally canceled last year. Interestingly, Microsoft researcher Bill Buxton spoke at length on the 37-year history of smartwatches last month, possibly foreshadowing a return to the market.

  Microsoft working on a smartwatch