Jawbone looks to drop consumer wearables for clinical services. Make way for one more pivot from Jawbone.
The fitness band maker that originally started out in headsets and later made speakers, has abandoned selling and supporting consumer hardware following a deluge poor reviews and media reports that it has run out of money. TechCrunch has learned and confirmed that Jawbone is preparing to shift its business yet again — moving from a focus on low-margin fitness bands sold directly to consumers, to a high-margin business to business to consumer model: a health product and accompanying set of services sold primarily to clinicians and health providers working with patients. As part of that change, Jawbone is trying to raise more money. Sources tell us that it’s been in conversations with its current roster of backers, plus potentially new strategic investors in the wider medical sector, along with new investors outside the U.S.
Its last round of $165 million a year ago was made at a valuation of $1.5 billion — half of its peak valuation of $3 billion. Fitbit is buying troubled smartwatch maker Pebble for around $40 million. It looks consolidation is acoming to the wearables space with Fitbit set to acquire smartwatch maker and multi-million-dollar Kickstarter-darling Pebble, according to a report from The Information.
The site reports that the acquisition is a “small amount” but there’s no word on exactly how much, or indeed how little. Further, The Information said that the deal will see Pebble and its products closed down over time, with Fitbit acquiring its assets, which include intellectual property and software. Nokia completes $190M acquisition of Withings health gadget maker. Back in April Nokia announced it was buying health and fitness focused gadget maker Withings for €170 million (~$190M).
At the time it was expecting the acquisition to close in Q3 but it has now confirmed the close of the transaction ahead of schedule. Following the acquisition, Withings co-founder and CEO Cedric Hutchings has been made head of a new Digital Health business unit at Nokia, reporting to Ramzi Haidamus, president of Nokia Technologies — the company’s R&D and IP licensing division. Discussing the deal, Nokia flags up existing expertise in “preventive health and patient care” in its Nokia Technologies division, which it said it intends to build on with the acquisition of Withings’ consumer health gadget and digital health platform business.
In a statement on the close of the acquisition Haidamus dubbed the health space a “huge opportunity”. Health tech founders call for high ethical bar for use of women’s intimate data. Entrepreneurs building tech products for women spoke at TechCrunch Disrupt SF today, and called on their peers in the industry to set a high ethical bar when it comes to using or sharing women’s intimate data.
Janica Alvarez’s startup Naya Health makes a smart breast pump and bottle to help nursing mothers know exactly how much milk they’re producing and how much their babies are consuming. Alvarez cited a Rock Health study that estimated there was about $4.5 billion in venture capital investments in digital health last year, and a quarter of that went into biosensing products, like her company’s. Capital One acquires online price tracker Paribus. Capital One is making another acquisition in the fintech space, this time snatching up the price tracking service Paribus, which helps online shoppers get automatic refunds when prices drop on items they purchased.
Deal terms were not disclosed, but the acquisition involves bring both the team and the technology itself to Capital One. Launched in the Startup Battlefield at TechCrunch Disrupt NY 2015, Paribus’ idea was to automate the process of following up on past purchases to see if shoppers could request a refund from the online retailer. Many retailers offer post-purchase price matches, but most consumers don’t bother to watch the prices fluctuate after they complete the checkout process. Health And Fitness Data Is Useless. Hanson Lenyoun is the head of health at Mark One.
Data is hot right now. We generate tons of it, but most of it sits there, latent, unused and useless. This is particularly pronounced when it comes to health and fitness data, where we strap on our fitness trackers and expect the pounds to melt away with each step passively logged. But we haven’t seen a dramatic improvement in our nation’s health with the emergence of the “quantified self movement” and the pervasiveness of wearables. When Wearable Health Trackers Meet Your Doctor. Editor’s note: Ben Maximilian Heubl, is a tech blogger, a data journalist (data journalism ambassador for Infogr.am), digital health geek and technology advocate and speaker.
Ben founded a European chapter of the non-for profit organization Health 2.0 and currently advocates for improved online health access via Zesty UK. How interested is your doctor in health data that you’ve tracked yourself? Wearable health and fitness devices are now hugely popular, and they certainly appeal to people who want to tot up their paces. But many people who have invested in trackers like the Fitbit, Jawbone’s UP bracelet, or the Nike+ FuelBand want to know: Can this data be used to give me more serious healthcare insight? Could it help my doctor to give me better advice? Fitbit announces integration with a nutrition service and a virtual reality bike. Fitbit’s already got some of the top-selling fitness trackers on the market, but as the space faces a potential over-saturation, continued success lies in partnerships.
As such, the wearable maker’s been building up its Works With Fitbit ecosystem one piece at a time. In the past year, Fitbit has added a couple of key partners, including a skill for Amazon Echo and an NBA 2K17 partnership that offers in-game bonuses for those who hit their goals. This year at CES, the company is rolling out a trio of additions, including a nutrition site and two fairly unique takes on the stationary bike.
Wearable companies are still moving a lot of products globally amid industry turmoil. The wearable industry actually posted some pretty solid numbers over the last quarter, according to a new study released this week by IDC.
Carrying the headline “Wearables Aren’t Dead, They’re Just Shifting Focus,” the release notes that, in spite of some stark evidence to the contrary, companies are still shipping product in record numbers. IDC notes a 16.9 percent increase year-over-year, bringing the total number to 33.9 million units shipped globally for Q4, up from 29 million last year. Shipments for the year, meanwhile, were up 25 percent, for a total of 102.4 million shipped worldwide for 2016. Apple’s learn-to-code app Swift Playgrounds adds 5 more languages. Along with the reveal of a new 9.7-inch iPad and new red iPhone, Apple also announced today that its learn-to-code app Swift Playgrounds is now available in five new languages.
The additional languages include Simplified Chinese, Japanese, French, German and Latin American Spanish. The app, which has been downloaded more than a million times, offers a combination of programming lessons, puzzles and challenges designed to teach core coding concepts, plus templates that let students create real programs. Swift Playgrounds was first announced at WWDC 2016, where the company explained how it wanted to inspire the next generation of coders through its software.
Of course, getting more kids to code isn’t just an altruistic effort on Apple’s part — the company is dependent on programmers to build its software and to fill its app stores with consumer applications, where Apple gets a cut of the revenue. Bodyform's bloody ad shortlisted in Health & Beauty for Campaign Big Awards. Bodyform's bloody ad shortlisted in Health & Beauty for Campaign Big Awards. Big Pharma Marketers Try Terror Tactics to Scare Up Sales.
Grandma as a menacing wolf. Parents whose carelessness leads to cancer in their kids. A teenager hospitalized after sharing a seemingly innocent kiss. Halloween may still be over a month away, but Big Pharma is already out to scare consumers. In recent months, several fear-instilling, often ominous commercials for medical devices, products and vaccines from drugmakers including Pfizer, GlaxoSmithKline and Mylan are airing in fairly heavy rotation. In GSK's spot for whooping cough vaccine Boostrix, a sick grandmother is portrayed as a wolf holding a human infant. Innovation in Tech Evolves in New Ways. Early reviews of Apple Inc. AAPL -0.01 % ’s new iPhone 7 were, in a word, “meh.” Pundits praised the many improvements in the device, but a consensus emerged that Apple hadn’t given existing iPhone owners a compelling reason to upgrade. Why is that? Why are the iPhone, and other computing devices like PCs and tablets, not changing as quickly as they once did? Tech. Fast Food QSR.
Exxon Mobil. Media Channels. Advertising Insights. Olympics. Finance. Insurance. Grocery. Toys. GE. Fed Ex. Pepsi Co. Health and Wellness. Retail News. Telco. AT&T. HP.