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Facebook was the mystery bidder for Fitbit against Google reveals report
News & Analysis

Facebook was the mystery bidder for Fitbit against Google reveals report

Facebook offered a final price of $7.30 as opposed to Google's offer of $7.35 per share.

Apple Watch can detect irregular heartbeats, finds study conducted on more than 400,000 users
News & Analysis

Apple Watch can detect irregular heartbeats, finds study conducted on more than 400,000 users

The aim of this Apple study was to evaluate how good the algorithm was and whether it was safe.

Google buys Fitbit for $2.1 billion, promises won't sell ads using health data
News & Analysis

Google buys Fitbit for $2.1 billion, promises won't sell ads using health data

The deal could put Google in direct competition with Apple and Samsung in the smartwatch, wearable market.

Google buys Fitbit for $2.1 billion; ‘Made by Google’ wearable expected in the future
News & Analysis

Google buys Fitbit for $2.1 billion; ‘Made by Google’ wearable expected in the future

The acquisition comes after it was recently reported that Google and Fitbit were working out a deal.

Google owner Alphabet in bid to buy Fitbit; wearable device maker's shares jump 27%, m-cap at $1.4 bn
Business

Google owner Alphabet in bid to buy Fitbit; wearable device maker's shares jump 27%, m-cap at $1.4 bn

There is no certainty that the negotiations between Google and Fitbit will lead to any deal, the sources said, asking not to be identified because the matter is confidential.

Google is reportedly looking to acquire US wearable company Fitbit for an undisclosed amount
News & Analysis

Google is reportedly looking to acquire US wearable company Fitbit for an undisclosed amount

Fitbit shares rose 27 percent on the news, giving the company a market capitalisation of $1.4 billion.

Fitbit's Alexa-powered smartwatch Versa 2 launched at $200: All you need to know
News & Analysis

Fitbit's Alexa-powered smartwatch Versa 2 launched at $200: All you need to know

Pre-orders for Fitbit Versa 2, will start later in the day and would be available in stores on 15 September.

Apple leads with 38% share; Samsung shows massive 121% growth in US wearables market: Canalys
News & Analysis

Apple leads with 38% share; Samsung shows massive 121% growth in US wearables market: Canalys

Samsung has shown a massive growth of 121 percent by selling 800,000 units and taking a 10.6 percent market share

Apple AirPods and other wearable products will not escape 10% additional China tariffs
News & Analysis

Apple AirPods and other wearable products will not escape 10% additional China tariffs

A broad category of items taken off a $200 billion tariff list last year will be subject to a 10 percent tariff as of 1 Sept.

Apple retains grip on wearables market but Huawei, Samsung see massive growth: IDC
News & Analysis

Apple retains grip on wearables market but Huawei, Samsung see massive growth: IDC

Huawei grew from 1.3 mn shipments and a 4.1% share in Q1 2018 to 5 mn and a 10% share in Q1 2019.

Fitbit launches a cheaper Versa smartwatch version to compete with Apple, Samsung
News & Analysis

Fitbit launches a cheaper Versa smartwatch version to compete with Apple, Samsung

Fitbit said the Versa Lite smartwatch will cost $160, down from $200 for the full version.

Apple rules global wearable market in Q4 2018, Xiaomi bags second spot: Report
News & Analysis

Apple rules global wearable market in Q4 2018, Xiaomi bags second spot: Report

Xiaomi's Mi Band 3 by itself accounts for over 30 percent of all wrist bands shipped during the quarter.

Fitbit launches two new fitness trackers but they can't be bought in retail stores
News & Analysis

Fitbit launches two new fitness trackers but they can't be bought in retail stores

The new Inspire and Inspire HR trackers are Fitbit's first business-to-business venture.

Fitbit Charge 3 with waterproof design, 7-day battery launched at Rs 13,990
News & Analysis

Fitbit Charge 3 with waterproof design, 7-day battery launched at Rs 13,990

The watch also comes in a Special Edition variant for Rs 15,990 that features Fitbit Pay.

Xiaomi grabs top position with 21.5% market share in the global wearable segment
News & Analysis

Xiaomi grabs top position with 21.5% market share in the global wearable segment

Xiaomi shipped 6.9 million wearables as compared to 4.2 million by Apple

Apple share in global shipments of smartwatches down to 30 percent in Q3 2018
News & Analysis

Apple share in global shipments of smartwatches down to 30 percent in Q3 2018

Fitbit's share in the smartwatch shipments market went up to 16 percent in Q3 of this year.

US life insurer to sell policies that track health data via wearables and phones
News & Analysis

US life insurer to sell policies that track health data via wearables and phones

Privacy advocates raise concerns if data collected will be used to select profitable customers.

Apple looks to the Apple Watch for revenue as global smartphone demand reduces
News & Analysis

Apple looks to the Apple Watch for revenue as global smartphone demand reduces

The US Food and Drug Administration said it worked with Apple to develop apps for the Apple Watch.

Apple dominates the global wearables market in Q2 of FY18: IDC Report
News & Analysis

Apple dominates the global wearables market in Q2 of FY18: IDC Report

Apple maintained its top position in the wake of continued demand for its LTE-enabled Watch.

Apple continues to dominate smartwatch market with a 41 percent share
News & Analysis

Apple continues to dominate smartwatch market with a 41 percent share

Apple iPhone users are actually choosing the Series 1 as a non-cellular option over Series 3 non-cellular