January 16, 2020
Fitbit users were surprised with an added feature on their wearable this week — the ability to check the variability of oxygen levels in their bloodstream.
Users with any of Fitbit’s Sp02-enabled devices can now access an Estimated Oxygen Variation graph. The Sp2 devices include the Charge 3, Ionic, Versa, Versa Lite and Versa 2, according to Fitbit officials.
The update, which was confirmed to...
December 19, 2019
“What we have tracked and seen in the last four years is a very vibrant ecosystem, which was in the past, very e-commerce health focused to nowadays, very sophisticated with AI drug discovery, clinical trials and digital therapeutics etc. In 2018, the total amount of venture capital that was invested in Asia Pacific amounted to about $6.8B. To put in context, in the US it is $8.2B and $2B for...
Photo by Carsten Koall/Getty Images
December 13, 2019
It’s been a big year for Google’s parent company Alphabet. Once upon a time, Google’s role in the health world was chiefly associated with "Googling" symptoms, but much has changed for the Silicon Valley giant. This year Google made major moves in the health industry—making waves when it announced a plan to acquire Fitbit and even dipping into the EHR space by demoing a new search feature. ...
December 11, 2019
Not so fast? Google’s plans to purchase Fitbit will soon be under the US Department of Justice’s lens. According to a New York Post report, the merger raised antitrust flags at both the DOJ and the Federal Trade Commission, with the former federal agency ultimately winning out.
The Post’s sources said that both of these agencies are hesitant to allow Google an even greater view into individuals’...
November 22, 2019
There are few clinical areas more in need of innovation than heart disease. It’s the leading killer among men and women in the US, accounting for one in every four deaths by the CDC’s numbers, and yet it’s also a body of health conditions that could be substantially mitigated through a number of lifestyle and behavior changes.
So of course it’s little surprise that cardiovascular health and care...
November 21, 2019
Earlier this month Google announced its plans acquire Fitbit for roughly $2.1 billion, shaking up the wearable industry, opening up a number of questions about exactly what lies ahead, and what an integration of the two companies looks like.
But the wearables company has long planted its roots in a handful of different markets and business strategies — consumer trackers, health plan partnerships...
November 13, 2019
New health tracking features are on the menu for Fitbit’s next smartwatch OS update. Unveiled this morning and set to go live on December 3, FitbitOS 4.1 brings some of the sleep health capabilities promised by the company back in August, refines the heart rate tracking algorithm on Versa 2 devices and adds new features to its subscriber offering.
In terms of the latter, Fitbit Premium users will...
November 7, 2019
Fitbit’s year-over-year device sales flatlined in Q3 2019, which combined with lower sales tag prices drove a decline in revenue, according to the wearables maker’s latest quarterly earnings.
The reporting — which was bereft of an investor’s call, Q&A and any forward-looking statements due to the company’s pending acquisition — is the latest look at a wearables business Google apparently...
November 1, 2019
After a month of rumors, this morning Google and Fitbit announced that the former has officially purchased the wearable giant for roughly $2.1 billion, or $7.35 per share, in cash.
Fitbit stressed that its devices will remain platform-agnostic across the Android and iOS ecosystems. Still, a blog post from Google discussing the acquisition made it clear that we can also expect to see some Google...
October 30, 2019
Articles referenced in today's episode:
Alphabet makes offer to acquire Fitbit
Facebook's new tool tells users what checkups they need, where to get them
Amazon makes its second digital health acquisition with Health Navigator