Google to Buy Fitbit for $2.1B
The deal helps Google better compete in the wearables market dominated by Apple and Xiaomi.
Fitbit CFO’s Heart Is Pumping
At one point on Thursday morning, as his company was proceeding through its initial public offering, Bill Zerella’s heart rate…
Fitbit Employees Accused of Trade Secrets Crimes
The six defendants allegedly possessed confidential materials belonging to Jawbone after they left the wearables maker to work for rival Fitbit.
CFOs on the Move: Week Ending June 8
Ellie Mae, Lowe's, Newell Brands, CPI Card Group, Advance Publications, The Andersons, Fitbit, Hayward Industries, Owens & Minor, Celgene
Fitbit Stock Drops 13% on Q4 Earnings Miss
The wearables company's new Ionic smartwatch didn't meet its holiday expectations as fitness tracker sales dropped 17%.
Man Accused of Making Phony Bid for Fitbit
Robert Murray allegedly gamed the SEC's EDGAR system to submit a tender offer for the company, enabling him to manipulate Fitbit's stock price.
Fitbit Runs Into Red Ink for Holiday Quarter
Sales of Fitbit's health and fitness trackers fell to 6.5 million from 8.2 million even though it introduced four new devices last year.
Fitbit’s Profits Hit By Manufacturing Problems
While revenue increased 23% year-over-year to $503.8 million, earnings fell well short of second-quarter expectations.
Fitbit Makes Move Toward Finance Technology
The company has acquired intellectual property from Coin as it prepares to offer mobile payments on its fitness trackers.
Fitbit Cuts Its Earnings Forecast
The maker of wearable fitness trackers says profits and sales will be lower this quarter than originally forecasted.
Jawbone Laying Off 15% of Workforce
The wearable devices maker has been facing stiff competition in a fitness tracker market dominated by Fitbit and Xiaomi.