WowWee, a smart toy company, has unveiled a robotic dog with blue-green LED eyes. The dog, aptly called CHiP (short for Canine Home Intelligent Pet), sits with the tap of a button, picks up your presence in the room via bluetooth and plays fetch. The sensor-loaded pup comes with a toy-watch looking wristband that allows it to pick up your whereabouts. When you're happy with your "pet's" response, you can press down a thumbs up on the wristband as a sign of approval -- it's the digital equivalent of a belly rub.
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