BLOOMBERG Bloomberg Technology July 13, 2024
First, our top story, google agreeing to buy fitbit for 2. 1 billion in cash. The fitness tracking Device Company jumped on the news. I am joined by garrett divina. What does fitbit know about hardware and software and health that google doesnt . Gerrit a good question. Google has been rumored about talking about a smartwatch. But the operating system has been a collapsed and is not as has been eclipsed by competitors. And is not as popular as android. What they are doing is saying lets buy fitbit and build our business from that. Taylor fitbit is seeing its third annual year of sales decline....