Fitbit

By Jonah Comstock August 4, 2017
According to a new report by analyst firm Strategy Analytics, Chinese tech upstart Xiaomi has, for the first time, surpassed Apple and Fitbit as the world's top wearable maker in terms of shipments. Xiaomi, which competes on price, selling wrist-worn trackers for as little as $15, became the market leader with 17 percent market share to Fitbit's 16 and Apple's 13. "Xiaomi’s Mi Band fitness...
By Jeff Lagasse August 3, 2017
Fitbit plans on making waves this holiday season. That’s when the company's long-awaited smartwatch, which has faced production issues and delays, will finally be released, CEO James Park said in a second-quarter earnings call.   The smartwatch will offer features such as health and fitness tracking, GPS capability, water resistance up to 50 meters and compatibility across platforms, as well as a...
By Jonah Comstock July 11, 2017
Fitbit is once again facing a patent lawsuit, this time over the haptic feedback technology present in its last two generations of trackers. San Jose-based Immersion filed suit in the U.S. District Court for the Northern District of California over three patents, and is also pursuing legal action in China to get Fitbit's Chinese distributor Runtong to stop making and selling Fitbit devices as...
By Heather Mack June 21, 2017
As we’ve reported regularly for the past several months, Fitbit has made increasingly targeted moves to wedge itself deeper into the healthcare ecosystem. No longer able to rely on the consumer market alone to stay financially healthy, the company has continually upped the ante to prime itself as a digital health company in its own right. There have been many efforts as of late, including...
By Jonah Comstock June 20, 2017
Apple is allegedly working with health startup Health Gorilla to bring patient medical records to the smartphone. According to a CNBC report, the Sunnyvale, California-based company is helping Apple bring diagnostic data like blood work into the iPhone. Apple’s rumored efforts to create a personal health record, if true, are going to have to overcome the same challenges that Google Health faced...
By Heather Mack May 31, 2017
Cure Forward shuts down. Cure Forward, a clinical trial matching platform aimed at cancer patients, has shut down its operations. The Cambridge, Massachusetts startup launched in 2015 with $15 million in venture backing, but was unable to generate new revenue going forward. In a message on its website, Cure Forward referred visitors to its site to the Cancer Support Community in their quest to...
By Heather Mack May 25, 2017
The proliferation and ever-increasing sophistication of wearable activity trackers makes clear that we have come a long way from analog pedometers and clunky heart rate monitors, but new research suggests those metrics may be the only ones modern wearables can accurately track. Stanford researchers took a hard look at seven different consumer wearables with a group of 60 volunteers, who wore the...
By Heather Mack May 11, 2017
Fitbit’s activity-tracking wearables may be a common features of many corporate wellness programs – their products are currently in use by over 1,300 companies – but all those step challenges and healthy lifestyle motivators aimed at lowering healthcare costs still only make up about 10 percent of the company’s revenue. So, in order to best position their enterprise strategy, Fitbit is merging...
By Jonah Comstock May 4, 2017
Fitbit is showing signs of rebounding after a weak Q4 that saw layoffs and restructuring for the wearable company. In its Q4 earnings call, the company reported a net loss per share of 15 cents, compared to a projected loss of 18 percent.  “Twenty-seventeen marks a 10-year anniversary for the company,” CEO James Park said on the company’s earnings call. “We have accomplished much over this period...
By Jonah Comstock April 12, 2017
Indian doctor-finder app raises $3M. Indian startup Lybrate, which helps patients in its home country connect to doctors – both in person and by telemedicine – raised another $3 million, Tech Crunch reported, in a round with undisclosed investors. The company now has $15 million in investment funding. As TechCrunch points out, Lybrate is a direct competitor with Practo, which has raised $180...