After Fitbit’s revenue and profit missed expectations, the company’s shares fell 12 percent to $4.90 in late trading on Monday (Feb. 26). The news comes as smartwatches are taking the place of fitness trackers, Barron’s reported. Fitbit CEO James Park said the company was experiencing “rapidly...
Fujitsu announced in a press release that it will unveil the latest in its PalmSecure Biometrics and Washable/Wearable RFID at the National Retail Federation’s 2018 annual show in New York City next week. During the show, which will be held at the Jacob K. Javits Conference...
Fitbit has announced that its base of active users grew to more than 25 million in 2017. It was also revealed that the Fitbit Charge 2 is the top-selling fitness tracker in the U.S., and was also one of Amazon’s top sellers in the health...
Fitbit, the maker of wearable fitness devices, announced news on Tuesday (Dec. 5) that it has updated its Fitbit OS for the first time to include a smarter and more personalized experience for the Fitbit Ionic, its smartwatch. In a press release, Fitbit said the...
Visa, the payments company, announced news on Wednesday (Nov. 8) of the introduction of three commercially available wearable payment devices for the Olympic Winter Games PyeongChang 2018. In a press release, Visa, the exclusive payment technology partner of the Olympic and Paralympic Games, debuted three...
Wearables are at an interesting crossroads in the life of the American consumer. From the biggest names in retail and technology to up-and-coming startups, there suddenly seems to be a world of innovators with wearable inventions at the ready to make all of our collective lives...
Consumers who track their physical activity with Garmin’s Vívoactive 3 wearable device will be able to pay for items digitally, as a result of a new partnership between the brand and Mastercard. Fitness fans who use the smartwatch can tap the device at almost 6.6 million...
Market research firm Gartner announced Thursday (Aug. 24) it expects 310.4 million wearable devices to be sold around the globe this year, marking a 16.7 percent increase from 2016. In a press release announcing the new forecast, Gartner said the wearable devices market will generate revenue...
Despite Tim Cook’s most enthusiastic comments that the Apple Watch is doing “great,” the figures on the ground in the U.S. indicate pretty strongly that when it comes to wearables, the mainstream American consumer is doing more shrugging than cheering. A report from eMarketer earlier...
