Google to Buy Fitbit, Amping Up Wearables Race

  • 📰 WSJ
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

In announcing its $2.1B acquisition of Fitbit, Google said it wouldn't use Fitbit users' personal data to help power its massive online advertising business: 'We will be transparent about the data we collect and way'

Google reached a deal to buy wearable fitness products company Fitbit Inc. for roughly $2.1 billion, a move that intensifies the battle among technology giants to capture consumers through devices other than smartphones.

For Google, the deal marks a further push into health as it faces regulatory threats to its massive internet-search and advertising business. It also puts Google in renewed and direct competition with Silicon Valley neighbor Apple Inc., which in the past week said rising sales of wearables and related services...

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I started with Fitbit in 2011 & have been with them ever since. They revolutionized exercise tracking & led a whole new industry: wearables (Apple copied). Not perfect, natch, but delivered a great product which evolved with the best ROI for investors. Just sold out to Google.

WSJ Team Time to tacks and prevent missus of Data By Google equityin Team equityin

Right......

WTF now I have to throw my Fitbit away.

I’m sure. Do it look stupid to you?

We've heard that before.

Sure ya won’t

Hahahahaha.

Lol. I stopped filling in the Fitbit (free from big brother health insurance of course) registration form 3 lines, it was that creepy. I can figure out how far I walk all by myself.

I don’t believe Google & will replace my fitbit ASAP

Lies! Ultimately these greedy companies will do what they will do because it is theirs to use it as they wish. then congress eventually comes along and asks 'why' ? same old story with big greedy companies making false promises.

'In announcing he scaled the fence, the wolf assured the farmer all the sheep are perfectly safe from harm'

Way? Haahaaa... Really? Way?

Nightmare city.

Good thing my Fitbit broke and I saw this. Definitely not getting another one. Screw google and their misuse of personal information.

Until you get hacked....

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google to acquire Fitbit in $2.1 billion deal; Fitbit stock surges 17%Alphabet Inc.'s Google plans to acquire Fitbit Inc. for $2.1 billion, the companies said in a Friday release. Fitbit shares are up 17% in premarket trading....
Source: MarketWatch - 🏆 3. / 97 Read more »

Google parent to buy Fitbit for $2.1 billion🔥🔥🔥💰💰💰 they literally just bought it for data. $2.1 billion worth of information. crazy. Our mission at is to build the social news network that ends fake news. Follow us Overlooked_Inc
Source: USATODAY - 🏆 100. / 63 Read more »

Google to buy fitness wearables giant Fitbit for about $2.1 billionFitbit is a pioneer in wearable fitness technology, but it's been under pressure from other device makers. Sketchy! Data mining. And no, I don’t have a tin foil hat. OMG
Source: latimes - 🏆 11. / 82 Read more »

Google to buy Fitbit in $2.1 billion dealGoogle has announced plans to acquire Fitbit, the world's leading maker of wearable fitness activity trackers. The deal, worth about $2.1 billion, is one of Google's largest acquisitions. Google out here making moves I smell a monopoly Great so now they can track us even more
Source: CNN - 🏆 4. / 95 Read more »

Google to Buy Fitbit for $2.1 BillionThe sale will help Google expand their health-tracking software.
Source: runnersworld - 🏆 19. / 71 Read more »