Articles about fitbit

Someone wearing a Fitbit

Jawbone bods allegedly jogged off to Fitbit with secret gadget blueprints

Six former and current Fitbit staffers have been accused of stealing trade secrets from rival gizmo-slinger Jawbone. According to an indictment [PDF] filed Thursday in a Northern California US District Court, each of the six had at one time worked at Jawbone and were hired away by Fitbit. In the process, it is alleged, they …
Shaun Nichols, 15 Jun 2018
steak

Yay, you've won your Fitbit lawsuit, folks. But, lawyers, about those filet mignon expenses...

Analysis A US federal judge has approved a $33m class-action lawsuit against fitness tracker maker Fitbit – but put the brakes on a massive $8.25m lawyer award claim. The case was brought by angry shareholders after Fitbit failed to disclose problems with the build quality of its products which, when revealed, caused a significant …
Kieren McCarthy, 23 Apr 2018
Fitbit Ionic official

Look! Fitbit's made a watch that doesn't suck!

Fitbit has taken the wraps off its second (or fifth, depending on how you're counting) smartwatch, Versa, claiming the new model has inherited Pebble DNA. It's less weird and clunky than the much-vaunted Ionic, which was inspired by sci-fi movies. And cheaper than comparable devices - the Apple Watch or most Android Wear …
Andrew Orlowski, 13 Mar 2018

Stock trader gets two years in prison for pumping up with Fitbit

A US stock trader has been sentenced to two years in prison for running a pump and dump operation involving wearables vendor Fitbit, albeit one that earned him only a few thousand dollars. Robert Walter Murray was given the federal prison term after pleading guilty to one count of securities fraud. He had faced a maximum of 20 …
Shaun Nichols, 12 Mar 2018
Fitbit Ionic smartwatch

Wearables are now a two-horse race and Google lost very badly

Analysis Did you notice anything else missing from Mobile World Congress this year? Apart from any interesting phones? Previous MWCs have been flooded by hopeful tech companies touting new wearables. The flood became a trickle, and last year Huawei and LG were the only two tech vendors left flying the flag for Android Wear smartwatches …
Pebble Time

Look on the bright side, Pebble fans. At least your gizmo will work long enough for you to get beach body ready

Fitbit says it will formally end support for Pebble hardware this summer. The dying exercise wearables specialist said today that on June 30, 2018, it will cut off online services and support for any remaining Pebble wrist-puters. Don't fret. At least you'll have enough time to use one of the doomed smartwatches to shed …
Shaun Nichols, 24 Jan 2018
Fitbit Ionic smartwatch

Fitbit health alert: You appear to be bleeding

Fitbit's year-on-year losses grew fivefold to $113.4m compared to a year ago, with sales of 3.6 million devices in the quarter, 7 per cent up from the previous quarter. The firm admitted it had been a "difficult year" as the fitness band craze diminished, with sales down considerably compared to the same period of 2016. …

Jaw-boned: Wearables biz Jawbone shuts down

Gizmo maker Jawbone is shutting down operations and will liquidate its assets. Although the San Francisco-based upstart has yet to issue a formal statement, a well-placed source said the peripherals slinger will shut up shop and flog off any remaining gear. We're told CEO Hosain Rahman will move on to a new medical startup …
Shaun Nichols, 7 Jul 2017
fraud

Wow, someone managed to make money on Fitbit stock – oh, 'fraudulently'

While Fitbit investors may be weeping over the wearable upstart's slumped share price, at least one person made out like a bandit on the stock, allegedly. On Friday, America's financial watchdog, the SEC, filed fraud charges against Robert Murray, of Virginia, accusing him of ramping up Fitbit's stock price temporarily via …
Iain Thomson, 19 May 2017

Sweaty fitness bands fall behind as Apple Watch outpaces sales

Consumers’ love affair with fitness bands looks to have run its course with smartwatches shaping up to be the preferred way to lose the tub. Or so market sales data from channel analyst Canalys has indicated: basic band shipment globally, which are comprised mostly of fitness bands, fell seven per cent year-on-year to just …
Paul Kunert, 12 May 2017
The Jetsons Food Machine

(You can't) buy one now! The flying car makes its perennial return

Something for the Weekend, Sir? Stop squeezing my knob. No seriously, I've had enough. "Then you give it a squeeze." OK but not until I'm ready. "You won't get any benefit until you squeeze it," he announces to the dark, crowded room before turning back to me. "Do it now. Go on, give it a quarter-turn to the right." Reluctantly, while everyone else …
Alistair Dabbs, 21 Apr 2017
Pebble Time

Fitbit hit on Pebble kit cost just 20 million quid? Oh s**t!

Fitbit has confirmed the long-held belief that it scooped up rival wearables maker Pebble for a bargain basement price before murdering the watchmaker. Exercise-band maker Fitbit said in its latest quarterly earnings on Wednesday that it paid a mere $23m (£19m) when it agreed to purchase and then kill off Pebble's line of …
Shaun Nichols, 23 Feb 2017
man in suit clutches briefcase full of cash. Photo by Shutterstock

Jawbone leans over, whispers: Psst, guess who's in a criminal probe? Yes, it's Fitbit

The bitter battle between Fitbit and Jawbone has picked up again, with Jawbone claiming in its latest court filing that its rival is under criminal investigation. Despite both companies seeing falling interest in their lines of wearables, they appear determined to drag each other down, with several contiguous lawsuits and wild …

Fitbit plans layoffs – report

Fitbit is to cut some 80 to 160 jobs as the “smart” wearable novelty wears off. According to a scoop by The Information, cuts will affect between 5 per cent and 10 per cent of employees, and are part of a reorganisation designed to take $200m costs out of the business. Fitbit is almost synonymous with the activity tracker, and …
Andrew Orlowski, 30 Jan 2017

Fitbit throws fit, emits writ for outfit's non-hit, rather sh*t, 'Fitbit' kit

Fitbit has sued a company it accuses of deliberately selling shoddy units. In a complaint [PDF] filed to the Northern California District Court, the San Francisco-based wearables giant claims Laguna 2 (L2), a reseller in New Jersey, repackaged and sold Fitbit equipment it knew was defective. According to Fitbit's complaint, …
Shaun Nichols, 10 Jan 2017

Fitbit picks up Pebble, throws Pebble as far as it can into the sea

Smartwatch maker Fitbit has confirmed it has bought competitor Pebble – for an undisclosed sum – but only its software. Pebble products are on the scrapheap. The announcement comes a week after news of the purchase leaked, but many had assumed Fitbit would continue to support existing Pebble watches and slowly merge the two …

Wearable eats wearable: Fitbit 'to buy Pebble' with a steal of a deal

Crowdfunding hero and smart bling pioneer Pebble is about to be acquired by Fitbit. The Information was first with the story, and subsequent reports suggest the price is modest: around $35 to $40m. The company launched its first smartwatch under the Pebble name on Kickstarter in 2012 after Vancouver engineering student Eric …

Pow! Right in the Jawbone: Fitbit cleared in tech ripoff legal ordeal

An effort to ban health-tracking Fitbit gadgets in the United States has fallen apart, with a final decision against competitor Jawbone. Jawbone made two complaints to the US International Trade Commission (ITC) last year, one claiming that Fitbit has infringed its patents and a second that it stole trade secrets. If …
Kieren McCarthy, 24 Aug 2016

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