Jawbone Is Liquidating, CEO Launches Jawbone Health Hub

After producing Bluetooth earpieces and wireless speakers for years, Jawbone pivoted to fitness wearables in 2011, with the debut of its UP health tracker. Then came two lawsuits in 2015, with Flextronics and Fitbit, and research that reported the company had captured only 2.8 percent of the fitness wearables market. So it should come as no surprise that Jawbone has entered into liquidation proceedings, and co-founder/chief executive Hosain Rahman is no longer with the company, having left for a new venture named Jawbone Health Hub. Continue reading Jawbone Is Liquidating, CEO Launches Jawbone Health Hub

News of Jawbone Selling Off its Inventory is False, Says CEO

Jawbone CEO and founder Hosain Rahman refutes recent reports that his company is halting production of its UP fitness trackers and selling the remaining inventory to a third party. “As some of you may have recently seen, there have been a few incorrect media reports that Jawbone is exiting the wearables business or going out of business altogether,” he wrote in a blog post. “These reports are unequivocally false.” Rahman suggests that an inaccurate report was posted online before a correction was published, and other media outlets ran the news based on the initial post. “We will continue to support all of our products,” he added. “UP2, UP3 and UP4 are still hugely popular and continue to sell well.” Continue reading News of Jawbone Selling Off its Inventory is False, Says CEO

Jawbone is Selling Speaker Biz, Puts Fitness Trackers on Hold

After failing to gain traction in the wearables market currently dominated by Fitbit and Apple, Jawbone has ceased production of its UP line of fitness trackers and reportedly sold its remaining inventory to a third party reseller at a discount. It is not clear whether Jawbone plans to manufacture the fitness trackers again in the future. The company has also discontinued its Bluetooth speaker business and is currently looking to unload remaining inventory. According to multiple sources, Jawbone has been looking to sell its Jambox wireless speaker business. Continue reading Jawbone is Selling Speaker Biz, Puts Fitness Trackers on Hold

Researcher Announces Impressive First Quarter for Wearables

IDC announced this week that wearable devices have experienced eight consecutive quarters of solid growth. According to the new report released Wednesday, 11.4 million wearables shipped worldwide during the first quarter, up from 3.8 million shipped during Q1 last year. IDC credits lower prices and a greater variety of wearables, such as smartwatches and activity trackers, for the increase in global sales. Fitbit led the charge last quarter by shipping nearly 4 million devices, followed by Xiaomi, Garmin, Samsung and Jawbone. Continue reading Researcher Announces Impressive First Quarter for Wearables

Microsoft Band Joins the Health and Fitness Wearable Market

Microsoft Band is a new wrist-worn device that works with an online service called Microsoft Health. The service will analyze personal health and exercise data collected by the band and other devices. The display on the black rubber bracelet will show text messages from a cell phone, Facebook alerts, and barcodes that allow people to pay for things with a swipe of their wrist. The device will track heart rate, sleep quality, and calories burned using optical sensors rather than less accurate audio sensors. Continue reading Microsoft Band Joins the Health and Fitness Wearable Market

Hardware, Gadgets Outpacing Software at SXSW this Year

Among the most talked-about things at this year’s South by Southwest conference are a camera that automatically takes photos every 30 seconds, a new gaming console and a gadget that allows people to control their computers and other devices by waving their hands. It is estimated that at least two-dozen panels, talks and presentations at this year’s SXSW involve a new device or gadget. Continue reading Hardware, Gadgets Outpacing Software at SXSW this Year