Fitbit on the up after IPO

Wearables maker Fitbit saw strong growth in its share price following its Initial Public Offering (IPO), indicating that concern about its position in this competitive market is not dampening investor sentiment. Shares were initially priced at $20, above the range …

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Wearables market in rude health in Q1 – IDC

The worldwide wearable device market recorded its eighth consecutive quarter of steady growth in the first quarter of 2015, bucking the post-holiday slowdown in what was described as “a strong sign for the wearables market”. “It demonstrates growing end-user interest …

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Jawbone alleging foul play by Fitbit

Jawbone is taking legal action against fitness band rival Fitbit, stating that it made efforts to “steal talent, trade secrets and intellectual property from its chief competitor”. Noting that Fitbit is in the process of preparing for an initial public …

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Barclaycard drops first-generation bPay payments band

Barclaycard confirmed its UK-based bPay band and pre-paid account will shut down at the end of May with a successor supposedly to follow shortly, although the credit card firm did not reveal a comeback date. Debuted last year, users of …

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Jawbone updates fitness tracker line

Jawbone announced two new activity trackers, addressing the middle and upper tiers in its portfolio, and including a device with mobile payment capabilities. The news comes as the company begins shipping Up3, which while announced late last year has been …

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Amex, Jawbone to announce payments alliance

Credit card giant American Express and wearables firm Jawbone will later this week take the wraps off a deal whereby customers can tap-and-pay in shops and restaurants using a virtual card on an NFC-based fitness band, according to The Wall …

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Jawbone begins Up3 shipments after manufacture problems

Fitness tracker company Jawbone said that its Up3 device is now in mass production and will begin shipping next week, having initially said it would reach the market late in 2014. In a blog post, Travis Bogard, VP of product …

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