5 things to know about Google’s $2.1B Fitbit acquisition

Google on Thursday closed its acquisition of wearables company Fitbit, despite an ongoing investigation by the Justice Department. Here are five things to know about the $2.1 billion deal: 1. Google, which posted $46 billion in revenue for 2020’s third quarter, in November 2019 announced plans to acquire Fitbit for $7.35 per share in cash, paying an estimated $2.1 billion in total to stockholders. The deal could hint at Google’s larger ambitions in healthcare, as the company has been building… Source link

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Andrew Yang kicks off NYC mayoral campaign with $2,000-$5,000 universal basic income proposal

Former Democratic presidential candidate Andrew Yang made his first appearance as a New York City mayoral candidate on Thursday, proposing a basic income program for the city’s poorest. “We will launch the largest basic income program in the history of the country,” Yang stated. “We will lift hundreds of thousands of New Yorkers out of extreme poverty, putting cash relief directly into the hands of the families who desperately need help right now.” Yang’s plan, a modified version… Source link

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Deion Sanders calls out inequities at HBCUs

Deion Sanders has had to make adjustments in his new role as head coach at Jackson State. Sanders starred at football school Florida State and spent 14 seasons in the NFL where he built a Hall of Fame career. Those are places that come with luxuries. Jackson State isn’t a place like that. Sanders spoke with reporters for the first time at Southwestern Athletic Conference media day on Wednesday following big recruitment wins last month and shared the differences in resources. Lack of resources… Source link

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Here’s how the stock is doing

TipRanks 2 “Strong Buy” Stocks Trading at Steep Discounts Whether markets move up or down, every investor loves a bargain. There’s a thrill in finding a valuable stock at low, low price – and then watching it appreciate in the mid- to long-term. The key here for investors is finding options in which the risk/reward combination will work toward long-term advantage. So, how are investors supposed to distinguish between the names poised to get back on their feet and those set to remain… Source link

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Lamar Jackson leads Ravens vs. Bills on Yahoo Sports app

GlobeNewswire Qilian International Holding Group Limited Announces Closing of Initial Public Offering Jiuquan, China, Jan. 14, 2021 (GLOBE NEWSWIRE) — Qilian International Holding Group Limited (the “Company”) (Nasdaq: QLI), a China-based pharmaceutical and chemical products manufacturer, today announced the closing of its initial public offering (“Offering”) of 5,000,000 ordinary shares at a public offering price of US$5.00 per share. The Company received aggregate gross proceeds of… Source link

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Google Proceeds With Fitbit Deal, But Government Reviews Continue

Google said it has completed its $2.1 billion acquisition of Fitbit Inc., a deal that would let the search giant push more deeply into the wearable-device and health-data businesses, as it continues to face antitrust scrutiny. The announcement on the deal closing came after European Union antitrust officials last month approved the acquisition with conditions aimed at protecting users’ health data and preserving competition in the wearable-tech sector, clearing one… Source link

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Here’s how the stock is doing

TipRanks 2 “Strong Buy” Stocks Trading at Steep Discounts Whether markets move up or down, every investor loves a bargain. There’s a thrill in finding a valuable stock at low, low price – and then watching it appreciate in the mid- to long-term. The key here for investors is finding options in which the risk/reward combination will work toward long-term advantage. So, how are investors supposed to distinguish between the names poised to get back on their feet and those set to remain… Source link

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Lamar Jackson leads Ravens vs. Bills on Yahoo Sports app

It’s hard to say one player has more to gain than another with a Super Bowl win. Josh Allen would become a bonafide star with a ring. Aaron Rodgers could make a great argument as the greatest quarterback ever with another one. Tom Brady’s legacy would go an even higher level if he wins one at age 43 with a second team. Other great players like Aaron Donald would see their reputations grow with a Super Bowl. Any player still in the field would cherish a Super Bowl win. But Lamar Jackson… Source link

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What It Means For Your Fitness Data Privacy

The Sense is Fitbit’s most advanced fitness tracker Fitbit Google’s acquisition of fitness tracker giant Fitbit has been completed. Both Fitbit and Google published posts on the deal, which is worth a reported $2.1 billion. These articles, after the expected platitudes, largely focus on one element: privacy. This is perhaps the biggest worry for Fitbit users, given Google is a company fuelled by data. Fitbit CEO James Park’s words are the most… Source link

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