Tag Archives: Fitbit

FILE PHOTO: Fitbit Blaze watch is seen in front of a displayed Google logo in this illustration picture taken, November 8, 2019. REUTERS/Dado Ruvic/File Photo WASHINGTON (Reuters) – Senators Amy Klobuchar and Elizabeth Warren and five other Democratic senators on Thursday urged the Justice Department to be cautious in reviewing Google’s planned purchase of Fitbit, saying the tech giant had already cemented its dominance in some areas through acquisitions. In a letter to Attorney General… Source link

The EU has demanded that Google make major concessions relating to its $2.1bn acquisition of fitness-tracking company Fitbit if the deal is to be allowed to proceed imminently, according to people with direct knowledge of the discussions. Since it was announced last November, the acquisition has faced steep opposition from consumer groups and regulators, who have raised concerns over the effect of Google’s access to Fitbit’s health data on competition. EU regulators now… Source link

Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) is attempting to make nice with European regulators. On Monday, the U.S. tech giant promised that it will not leverage the fitness and health data generated by Fitbit (NYSE:FIT) to target advertising. Alphabet’s Google unit signed an agreement to buy the fitness tech company… Source link

With the clock ticking on a European Commission probe into Google’s $2.1 billion bid for Fitbit, the tech giant offered regulators a concession late Monday, agreeing not to use Fitbit’s trove of health data to help target ads. Google had been staring down the possibility of a sweeping antitrust investigation by European regulators that was the latest in a series of probes into its deal with Fitbit announced last November. But the tech giant had a potential way to avoid the full thrust… Source link

Google headquarters in Mountain View, Calif. Getty Images In a bid to ease European Union antitrust concerns, Alphabet Inc.’s Google has offered not to use health data from Fitbit devices… Source link

By Foo Yun Chee BRUSSELS (Reuters) – Alphabet Inc’s Google has offered not to use health data of fitness tracker company Fitbit to help it target ads in an attempt to address EU antitrust concerns about its proposed $2.1 billion acquisition, the U.S. tech company said late on Monday. The bid, announced in November last year, would help Google take on market leader Apple and Samsung in the fitness-tracking and smart-watch market, alongside others including Huawei and Xiaomi. “This deal is about… Source link