February 27, 2020
And the band played on. Peloton has come to terms with members of the National Music Publishers’ Association (NMPA), which had brought a lawsuit against the exercise machine maker over alleged copyright infringement. The association said at the time that Peloton had been illegally featuring music from Rihanna, Bruno Mars, Lady Gaga and others.
The parties also said they have now entered a joint...
November 25, 2019
DarioHealth is the latest to bring its mobile-friendly glucose management system to store shelves, with the company announcing today that it will be bringing its so-called “Membership-in-a-Box” to physical retail chains like Best Buy.
The offering, already available through Best Buy’s online storefront, consists of the company’s connected blood glucose meter, 25 test strips, 10 lancets, 10 covers...
June 18, 2019
This morning, consumer tech retailer Best Buy announced that it has expanded its arsenal of connected fitness products for consumers.
Ranging from in-home exercise systems with live classes to smart exercise recovery devices, the new offerings are now available through the retailer’s online storefront, and will also be found in dedicated fitness spaces coming to more than 100 stores before the...
June 3, 2019
Update/Correction: This story has been updated with an additional statement from GreatCall. In addition, the headline originally referred erroneously to the Lively Mobile device, which was not affected by the defect or the recall.
Best Buy subsidiary GreatCall has quietly and voluntarily recalled some portion of its recently-launched Lively MobilePlus devices, and has halted the sale of new units...
June 3, 2019
Best Buy has acquired remote senior monitoring service Critical Signal Technologies (CST) and will use its platform to bolster a push into the Medicare Advantage market, the retail electronics company shared during a May 23 investor call.
Best Buy did not outline the terms of the deal during the call, only specifying that it had closed during Q2, funded with existing cash and not expected to have...
April 17, 2019
Best Buy is now selling Tyto Care’s remote care device and service through its online storefront, the companies announced in a press release this morning. The retailer is also offering the platform in certain Minnesota stores, and has plans to expand this availability to North Dakota, South Dakota, California and Ohio locations as well.
Coming in at $299.99, the TytoHome device connects users to...
August 30, 2018
Fresh off the news of its acquisition by Best Buy, aging in place tech company GreatCall has announced the Jitterbug Smart2, the first update since 2016 to its line of smartphones for seniors. It was the original Jitterbug flip phone for seniors that first launched the company in 2006. Since then the company has grown to include a senior care call center and a line of personal emergency response...
August 15, 2018
San Diego-based GreatCall — an old guard digital health company which started out making smartphones for seniors in 2006 but now offers a suite of connected safety products and services for aging in place individuals — has been acquired by retail chain Best Buy for $800 million.
GreatCall was previously acquired in June 2017 by private equity firm GTCR for an undisclosed amount. GTCR is selling...
May 31, 2018
Stamp of approval. The Center for Disease Control and Prevention has just granted the diabetes management platform Omada Health a full recognition status. Companies that get the designation must first meet the CDC’s standards, which include getting approval of their curriculum, having a minimum percentage of patients entering the program with qualifying blood tests, having a certain level of...
March 4, 2014
Basis Science, the activity tracker company that makes the high-end Basis B1 Band, has reportedly been purchased by Intel for between $100 million and $150 million, TechCrunch has learned. The publication had previously reported that Basis was soliciting Google, Apple, Samsung, and Microsoft and was seeking a figure below $100 million.
If true, the buy would be a positive return for Basis...