September 8, 2015
After a string of lawsuits that Jawbone has filed against Fitbit, the latter has filed one of its own, suing Jawbone and its subsidiary, BodyMedia, in Delaware District Court, for alleged patent infringement.
Fitbit is suing Jawbone over alleged infringement of three patents, two of which were issued in May 2015 and a third that was issued in December 2014. The two from May 2015...
August 31, 2015
In the second quarter of 2015, Apple shipped 3.6 million units of the Apple Watch globally, just under Fitbit's 4.4 million units, according to a report on wearable devices from the International Data Corporation (IDC).
Fitbit still has the largest market share, 24.3 percent, though its share is 6 percent less than it was in the second quarter of 2014. Meanwhile, Apple, which only began shipping ...
August 27, 2015
The demand for wearable devices, which include fitness bands, smartwatches, smart glasses, and other sensor-enabled devices, has decreased after reaching a high point in January, according to an Argus Insights report compiled from approximately 328,000 consumer reviews since January 2014.
Argus explained that over the last 18 months, the wearable market has grown significantly. Demand was slow at...
August 27, 2015
During a campaign stop in Iowa this week, former Secretary of State Hillary Clinton touted the importance of telemedicine, Politico reported this morning. The entire speech is available from Clinton's campaign, but here's the relevant passage:
"And we also need to do better on health care. Decades ago, I led a commission on rural health in Arkansas that worked on increasing access in remote parts...
August 19, 2015
Entrada's mobile app
Every year Inc. Magazine manages to convince thousands of private companies to divulge their otherwise closely held financial data to the publication in exchange for a chance at placing on the annual Inc 5,000 and Inc 500 fastest growing private companies in America lists.
While we're not in the habit of reporting on awards, Inc's is based on hard data, albeit self-...
August 11, 2015
Katherine Morley makes a donation at the Hirsh Library at Tufts.
Last year when Endeavor Partners published a study showing that a third of wearable activity tracker users consign their device to the sock drawer within six months, most people saw it as a fatal flaw in the activity tracker trend. But Lisa Gualtieri, an Assistant Professor of Public Health and Community Medicine at Tufts...
August 6, 2015
Fitbit sold 4.5 million activity tracking devices in the second quarter of 2015, resulting in revenue of $400 million, Fitbit CEO James Park reported in the company's second quarter earning call. He added that this compares to revenue of $114 million in the same period last year and represents year-over-year growth of 250 percent.
Since first launching, Fitbit has sold over 25...
July 14, 2015
Fitbit CEO James Park
Forget everything you thought you knew about Fitbit. According to founder and CEO James Park, speaking to Forbes International Editor Brian O'Keefe at a recent Forbes event, Fitbit doesn't see itself as a hardware company or a wearable company, but rather as a consumer health and wellness company that happens to sell wearables -- for now.
"While press and analysts focus...
July 9, 2015
Jawbone's beef with competitor Fitbit is heating up, according to a report from Bloomberg. Jawbone is apparently trying to get the US International Trade Commission to block Fitbit's imports into the US based on the same complaints that form the basis of its two recent lawsuits against Fitbit.
"Complainants seek relief from the Commission in the form of a limited exclusion order excluding from...
July 8, 2015
In the past week, a few companies with wristworn activity tracking devices, Withings, Xiaomi, Jawbone, and Misfit, have announced new features or accessories for their trackers.
Last week, Jawbone announced that the UP4, which was first announced in April, is now available and shipping in the US from the company's website. The UP4, which costs $199, has an American Express NFC-enabled payment...