Twenty advocacy groups from the US, Europe, Latin America and elsewhere signed a statement on Wednesday urging regulators to be wary of Google’s bid for fitness tracker company Fitbit.
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Google’s takeover of fitness tracker Fitbit could be “a game-changer” for health data that will need close European Union scrutiny, consumer advocates said.
Google has agreed to buy smartwatch maker Fitbit for $2.1-billion in cash, a move that could shore up the Internet giant’s hardware business while also potentially increasing antitrust scrutiny.
Investors are getting constant reminders that it’s not cheap for technology giants to stay on top.
Google parent Alphabet is in talks for a potential acquisition of smartwatch maker Fitbit, a move that could bolster its hardware business while also increasing antitrust scrutiny.
Despite growing competition, Garmin has boosted full-year guidance, with its fitness and outdoor trackers expected to grow a combined 23% this year.
Fitbit has announced its first smartwatch with Amazon’s Alexa virtual assistant built in, alongside a new subscription service for personalised fitness programmes and well-being tools.
Garmin shares rallied 17% to their highest level in 11 years as demand for watches from outdoor enthusiasts helped fourth-quarter earnings beat the highest estimates.
Many of us are likely to find a smartwatch or fitness wearable under the Christmas tree this year, most of them claiming to help improve our health and well-being in some way.
In the latest episode of TalkCentral, Duncan McLeod and Regardt van der Berg chat about the seemingly better news on ICT emerging from government.