Fitbit’s financial rebound continued in the first quarter, as the company generated $271.9 million in revenue, beating Wall Street expectations of $259.7 million. The good news is almost exclusively
Investors have forked over $33 million in a new round of funding for Redox, hoping that the company can execute on its bid to serve as the link between healthcare providers and the technology companie
If it feels like technological change is happening faster than it used to, that’s because it is.
Snapchat has found an answer to the revenue problem stemming from its halted growth: it will show its ads in other apps with the launch of Snapchat Ad Kit and the Snapchat Audience Network. And rather
It’s a tricky proposition for a product launch: last year’s model, but with fewer features. But sometimes the rules of consumer electronic update cycles were made to be broken — or at the very l
If nothing else, last week’s Fitbit event showed the world that the company had learned two key lessons in the past year. One: price is possibly the largest driver in the company’s recent smartwat
Two years ago, Fitbit was in a rough spot. The company had ridden the wearables boom to an IPO and become virtually synonymous with the fitness tracker space, only to watch its fortunes dwindle as the
Fitness should be its own reward, but sometimes you need a little extra push. Fitbit today announced that it’s been testing a new Rewards program in beta, with plans to launch a premium paid version
There are few things kids love more in this world than a good sequel. As such, Fitbit has returned a year after launching its children’s fitness tracker the Ace with the predictably named Ace 2. The
Last year’s Versa was at the center of Fitbit’s reversing fortunes. After two years in the wilderness, the smartwatch helped turn the tide for the flailing company. Last quarter marked the first t
The latest figures out of NPD show a continued uptick in smartwatch sales here in the States. The category has been a rare bright spot in an overall flagging wearable space, and the new numbers show g
Fitbit has a new fitness tracker, but it’s one that you can’t buy in stores. The company quietly uncorked the Inspire on Friday, releasing its first product that is available only to corpo
Sapphire Ventures launches a dedicated sports and entertainment fund as investment in esports skyrockets.
A veteran TV maker just got a notable refresh as it enters the age of connected devices. Xiaomi, the Beijing-based firm best known for budget smartphones, has bought 65.2 million shares, or 0.48 per
Qualcomm is betting big on on-device artificial intelligence.
Fitbit is slowly righting its financial ship, courtesy of a successful push into the smartwatch category. The wearable company reported a profit (when adjusted for items such as stock-based compensati
In 2015 Switzerland was fucked. This blunt belief, grunted out by Apple’s Jony Ive and repeated by the media as a death knell for the watch industry, seemed to define a sad truth: that the Swiss
Fitbit data may have helped catch one of its customer’s killers, and not for the first time. According to numerous media reports, a 90-year-old visited his stepdaughter at her home in San Jose,
When it launched the Versa back in March, Fitbit also announced plans to pivot. While the company will continue to operate in consumer hardware, it’s also shifting much of its focus toward healt