Fitbit

By Jonah Comstock February 23, 2017
The hard financial news wasn't good on Fitbit's fourth quarter earnings call: The company's revenue, at $574 million, was down 19.3 percent year-over-year, and down $2 million from the company's projection. It was also the second consecutive quarter that the company missed its earnings target. Fitbit released a statement a few weeks ago detailing the immediate plan to get earnings back on track:...
By Jonah Comstock February 20, 2017
Carolinas HealthCare System Vice President of Information and Analytics Services Pamela Landis introduced the MyCarolinas tracker program at HIMSS 2016, just about a year ago. At the Digital and Personal Connected Health event at HIMSS today, Landis revisited the ongoing program and shared data and results from some small pilots at the hospital.  MyCarolinas Tracker is an app that lets patients...
By Jonah Comstock February 8, 2017
Fitbit's alleged theft of trade secrets from Jawbone, already the subject of a closed ITC case and an ongoing civil court, is being investigated in a third and more serious venue: a criminal grand jury probe, conducted by the Department of Justice and the Department of Homeland Security, that has been looking into the matter for five months, according to a new court filing by Jawbone. Bloomberg...
By Jonah Comstock February 1, 2017
Apple sees health as the future, the Apple Watch as the present. On Apple's Q1 conference call, CEO Tim Cook almost didn't mention the company's healthcare operations or aspirations at all. But in response to the final investor question, when asked whether future updates to the iPhone would be incremental, Cook alluded to health as one of the areas where the company sees substantive...
By Jonah Comstock January 30, 2017
Fitbit will lay off 110 employees, 6 percent of its global workforce, as part of a reorganization designed to save the company $200 million in operating expenses after the wearable leader underperformed in the fourth quarter. The Information broke the story yesterday, saying as many as 10 percent of Fitbit's employees might be laid off, but the company's announcement today confirmed the lower...
By Heather Mack January 16, 2017
Health enterprise SaaS company Welltok announced an expanded partnership with IBM Watson Health. Health managers using Welltok’s CafeWell Health Optimization Platform to organize individual’s health resources and benefits will have the data analytics and cognitive computing technology of IBM Watson to improve their approach to consumer health, including episodic clinical care and everyday...
By Jonah Comstock January 10, 2017
Following on its acquisitiong of Pebble, and the company's announcement just this week that it would be developing an app store, Fitbit has announced another smartwatch acquisition: Vector, a year-old Romanian startup that boasts a smartwatch with a 30-day battery life. The terms of the acquisition are so far undisclosed. "Fitbit can confirm it has acquired specific assets from Vector Watch, a...
By Jonah Comstock January 9, 2017
When Fitbit bought Pebble at the end of last year, the evidence seemed against Fitbit branching into real smartwatches: The company explicitly declined to buy Pebble's hardware business or hire any members of Pebble's hardware team. But now Fitbit CEO James Park has confirmed to The Verge that Fitbit is planning to very soon launch its own app store, a sure sign, The Verge thinks, that Fitbit is...
By Jonah Comstock January 6, 2017
In addition to the many device launches, several digital health companies use CES (formerly known as the Consumer Electronic Show) in Las Vegas as an opportunity to announce updates and major partnerships and collaborations. Read on for the biggest non-launch health news from the show. Lots of news from Fitbit Wearable giant Fitbit announced a number of partnerships as well as updates to its app...
By Heather Mack January 4, 2017
It’s been a busy week for Fitbit. The San Francisco-based wearable company announced four different partnerships, three of which are integrations with the Works with Fitbit ecosystem. Habit, the Campbell’s Soup-backed personalized nutrition startup that uses data from genetic tests and individual’s health and fitness goals to create tailored diet and exercise plans, will now incorporate Fitbit...