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U.S. trade regulators on Friday said they will investigate wearable monitoring devices, including those made by Fitbit Inc and Garmin Ltd , following a complaint by Koninklijke Philips and its North America unit.
The U.S. Justice Department will review plans by Alphabet Inc-owned <GOOGL.O> Google to buy fitness tracker maker Fitbit Inc <FIT.N> for possible antitrust issues, a source told Reuters on Tuesday.
Lawmakers pressed top U.S. antitrust enforcers on their probes of tech giants Alphabet's Google, Facebook, Amazon and Apple on Wednesday, with the chair of a House subcommittee expressing frustration over the companies' continued acquisitions.
The acquisition of companies for their data is concerning in general for regulators, Europe's antitrust chief Margrethe Vestager said on Thursday, a week after Google bought fitness trackers company Fitbit.
Wearable device maker Fitbit Inc <FIT.N> reported its first drop in revenue in five quarters on Wednesday as it faced intense competition from deeper-pocket companies such as Apple Inc <AAPL.O> and Samsung Electronics Co Ltd <005930.KS>, underscoring challenges for buyer...
Alphabet Inc-owned Google will buy Fitbit Inc for $2.1 billion, as the biggest Web search company looks to take on Apple and Samsung in the crowded market for fitness trackers and smart watches.
Competition in the wearable market is taking a turn as Alphabet Inc-owned Google buys Fitbit Inc in a bid to take on Apple and Samsung.
U.S. antitrust regulators have little reason to oppose plans by Google's parent Alphabet to buy Fitbit, but that does not mean, backed a bevy of anti-Google lawmakers, U.S. officials won't give the proposed purchase extra scrutiny.
The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:
Alphabet Inc's Google will buy wearable device maker Fitbit Inc for $2.1 billion, as the search giant looks to enter the fast-growing market for fitness trackers and smartwatches.
Google owner Alphabet Inc <GOOGL.O> has made an offer to acquire U.S. wearable device maker Fitbit Inc <FIT.N>, as it eyes a slice of the crowded market for fitness trackers and smartwatches, people familiar with the matter said on Monday.
Fitbit Inc <FIT.N> is developing a method to detect irregular heart rhythm in time through a partnership with Bristol-Myers Squibb-Pfizer Alliance, as the wearable device maker looks to match a feature available on rival Apple Inc's <AAPL.O> Watch.
Fitbit Inc <FIT.N> will manufacture all its trackers and smart watches outside China from January, the wearable device maker said on Wednesday, the latest U.S. company looking to insulate itself from tariffs.
Wearable device maker Fitbit Inc said on Wednesday it plans to shift its manufacturing operations outside of China for effectively all of its trackers and smart watches from January, in response to the ongoing tariff threat.
The U.S. Court of Appeals for the Federal Circuit on Thursday upheld a win for Fitbit on three patents related to the use of light to detect and measure physiological data.
Wearable device maker Fitbit Inc <FIT.N> has been in talks with an investment bank about the possibility of exploring a sale amid challenges in successfully pivoting from fitness trackers to smartwatches, people familiar with the matter said on Friday.
Fitbit Inc <FIT.N> on Wednesday launched its latest smartwatch, Versa 2, adding Amazon.com Inc's <AMZN.O> voice assistant Alexa, online payments and music storage in a bid to compete strongly with Apple Inc's <AAPL.O> smartwatches.
Fitbit Inc on Wednesday launched its latest smartwatch, Versa 2, adding Amazon.com's voice assistant Alexa and online payments in a bid to compete more strongly with Apple Inc's smartwatch.
Fitbit Inc <FIT.N> said on Wednesday it signed a contract with the Singapore government to provide fitness trackers and services in a health program it said could reach up to one million users.
Fitbit Inc will collaborate with the Singapore government on a health initiative that involves the use of its fitness trackers, the company said on Wednesday.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.