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Fitbit

Fitbit, Inc. is an American company headquartered in San Francisco, California. Its products are activity trackers, wireless-enabled wearable technology devices that measure data such as the number of steps walked, heart rate, quality of sleep, steps climbed, and other personal metrics involved in fitness.

Source: fitbit.com

Top News In Payments: Alexa Can Now Help Manage Medications, Facebook Bid Against Google For Fitbit
Top News In Payments: Alexa Can Now Help Manage Medications, Facebook Bid Against Google For...
November 27, 2019  |  News

In today’s top payments news, Amazon Alexa users can now receive medication reminders and make voice requests for refills. Also, Facebook has reportedly been revealed as “Party...

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Facebook Bid Against Google In Attempt To Acquire Fitbit
Facebook Bid Against Google In Attempt To Acquire Fitbit
November 26, 2019  |  Partnerships / Acquisitions

Facebook has been revealed as “Party A” in an attempt to acquire health tech company Fitbit, CNBC reported on Tuesday (Nov. 26) citing a Securities...

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Google Bid Against Unnamed Firm For Fitbit Deal
Google Bid Against Unnamed Firm For Fitbit Deal
November 26, 2019  |  Retail

A recent SEC filing revealed that two companies were aggressively bidding to buy Fitbit. Although multiple firms met with the company to talk about an acquisition,...

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Top News In Payments: The Fed Takes A Closer Look At Big Tech; Goldman CEO Denies Apple Card Credit Bias Claims
Top News In Payments: The Fed Takes A Closer Look At Big Tech; Goldman CEO...
November 22, 2019  |  News

In today’s top payments news, ongoing security concerns have caused the Federal Reserve to take a closer look at the Big Tech firms that serve...

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Privacy Advocates Fear Google Will Mine Fitbit’s Health Data
Privacy Advocates Fear Google Will Mine Fitbit’s Health Data
November 22, 2019  |  Google

Google’s $2.1 billion Fitbit deal is sparking privacy concerns that the search giant will mine the health data of the 27 million people who use...

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Fitbit’s Google Acquisition Sparks Privacy Concerns For Some
Fitbit’s Google Acquisition Sparks Privacy Concerns For Some
November 17, 2019  |  Google

Google‘s recent announcement that it is buying Fitbit is leading some users to ditch the device. “I’m not only afraid of what they can do...

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EU’s Vestager Objects To Big Data Acquisitions After Google’s Fitbit Deal
EU’s Vestager Objects To Big Data Acquisitions After Google’s Fitbit Deal
November 07, 2019  |  Regulation

European Union antitrust chief Margrethe Vestager has concerns about Google’s recent acquisition of Fitbit, as well as continued competition issues over how the company lists...

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As Google Deal Looms, Fitbit Reports 11pct Revenue Decline
As Google Deal Looms, Fitbit Reports 11pct Revenue Decline
November 07, 2019  |  Earnings

Fitbit, the wearables brand that Google plans to buy, posted an 11 percent revenue drop on Wednesday (Nov. 6) for the third quarter of 2019, with...

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Google Announces $2.1B Deal For Fitbit Acquisition
Google Announces $2.1B Deal For Fitbit Acquisition
November 01, 2019  |  Partnerships / Acquisitions

Google has reached a definitive agreement to acquire wearables brand Fitbit, Google said in a press release on Friday (Nov. 1). Google is paying $7.35...

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