Saturday, 17 Nov 2018
Category: fitbit

Fitbit targets employers and health plans with Care

When it launched the Versa back in March, Fitbit also announced plans to pivot. While the company will continue to operate in consumer hardware, it’s also shifting much of its focus toward healthcare. A month earlier, the company had acquired Twine, a platform that serves as part of the foundation of its new health coaching service, […]

Spire Health Tags are now on Apple’s shelves

Spire’s Health Tags, the dark and tiny devices you stick on your clothes to gather all sorts of health data from your steps, heartbeat and stress levels is now available at your local Apple Store. The company started out with a breath tracking device to detect when you are feeling tense and help calm you down. […]

Fitbit stock sinking following Apple Watch announcement

Apple announced its latest and greatest Apple Watch in Cupertino today — The Apple Watch Series 4.  Fitbit (NYSE: FIT) stock sank as a result. Right now it’s down more than 6 percent and continuing to tank. The company sells a competing wearable health and fitness device.  Apple’s newest watch, starting at $399, can now perform an […]

Foundry Group quietly announces a big fat $750 million fund

Foundry Group, the Boulder, Colo.-based venture firm co-founded 11 years ago by startup whisperer Brad Feld, has raised a $750 million seventh fund to target early-stage and growth-stage companies, as well as to invest in other venture funds. It sounds like — and is — a lot of money, though the firm notes that it encompasses all of its […]

Fitbit employees charged with stealing Jawbone trade secrets

Six current and former Fitbit employees have been hit with a federal indictment over the theft of trade secrets from one-time rival, Jawbone. All had worked for Jawbone for at least a year between 2011 and 2015, before jumping ship and getting hired by the company’s chief competitor. The allegations have been floating around for […]

Fitbit beats revenue expectations slightly, but tracker sales are still down

Fitbit scored a small coup on earnings this week, ever so slightly beating revenue expectations for the quarter. The company pulled in $247.9 million, up over Wall Street’s expected $247.3 million. Of course, that’s still a notable drop from this time last year, when the company pulled in $298.9 million. The numbers are down as […]

Fitbit will use Google Cloud to make its data available to doctors

Fitbit this morning announced plans to utilize Google’s new Cloud Healthcare API, in order to continue its push into the world of serious healthcare devices. It’s a bit of a no-brainer as far as partnerships go. Google announced Cloud for Healthcare, taking a major step into the world of health, which comprised around $3.3 trillion […]