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Latest FIT News From Around the Web
Below are the latest news stories about Fitbit Inc that investors may wish to consider to help them evaluate FIT as an investment opportunity.
Fitbit Versa 3 vs Fitbit Sense: Which fitness smartwatch is best?
These advanced models give the user much more than just step count, but which takes the lead? We find out
Fitbit and Google merger: What happens to your health data now search giant owns it
It is not known how the deal will affect UK users’ data, as the EU Commission’s ruling does not apply post-Brexit
Google claims it has purchased Fitbit, but US government says investigation is ongoing
Fitbit users who had deleted their account also reported getting promotional emails from the company
Google Closes Fitbit Acquisition, Acquires Consumer Brand To Battle Apple
Google stock climbed after parent Alphabet said it closed the acquisition of smartwatch maker Fitbit for $2.1 billion, giving it a top brand in the health and fitness markets versus Apple.
Fitbit Closes $2.1 Billion Google Merger; DOJ Says Antitrust Probe Continues
Fitbit and Google said Thursday that their $2.1 billion merger is complete following data and privacy concerns raised in Europe and Australia.
Google’s Fitbit acquisition is official
Following regulatory scrutiny on both sides of the pond, Google this morning announced that it has completed its acquisition of wearables pioneer Fitbit. Google’s use of the vast amount of user health data has long been the key sticking point of regulatory concern of the deal. As such, it’s unsurprising that both Google and Fitbit are looking to address concerns in their respective statements on the acquisition.
Google's deal for Fitbit closes at last
Fitbit Inc. announced Thursday morning that its acquisition by Alphabet Inc.'s [s; GOOGL] Google has officially closed. Alphabet agreed to pay about $2.1 billion, or $7.35 a share, to acquire Fitbit. The deal was first announced in November 2019 but faced regulatory pushback, particularly in the European Union. European regulators who were looking into the deal eventually gave their blessing last month after securing commitments from Google around data privacy. "Google will continue to protect Fitbit users' privacy and has made a series of binding commitments with global regulators, confirming that Fitbit users' health and wellness data won't be used for Google ads and this data will be kept separate from other Google ad data," Chief Executive James Park said in a letter to Fitbit users...
Wearable Spending to Hike Further: 4 Tech Stocks to Consider
Here we pick four tech stocks with solid fundamentals, which are well-poised to capitalize on growth opportunities in the wearable market.
Best smart scale for 2021: Withings, Fitbit, Garmin and Eufy, compared - CNET
The best smart scales can tell you about much more than just your weight.
Ouch: My Fourth-Quarter Predictions Were Way Off the Mark
Let's go over my predictions for the fourth quarter and what actually happened. Every Disney (NYSE: DIS) theme park outside of California was open three months ago. With the heat starting to turn up on California's governor at the time, it seemed like the original Disneyland and its adjacent Disney's California Adventure would follow the lead of its fellow gated attractions.