Jawbone reportedly stops production of its fitness trackers

jawbone stopping production up fitness trackers jawboneup4
It looks like Jawbone may be the next victim of Fitbit’s dominance in the fitness tracking market. According to a report from Tech Insider, Jawbone has ceased producing its UP fitness monitor line and is selling its inventory to a third party for resale.

In fact, if reports are anything to go by, that’s not the only division if Jawbone that’s in trouble — a report from Fortune says that Jawbone has put its speaker business up for sale too.

Jawbone currently sells the UP2, UP3, and UP4 fitness trackers, however it seems as though the company has been struggling to sell these devices and was forced to offload stock to a third party in order to keep its business afloat.

The news comes as something of a surprise, although it is true that Jawbone hasn’t released a flagship fitness tracker in a while now, and has largely struggled to keep a dominant position in the market against the likes of Fitbit, and more recently, Apple.

In January Jawbone raised a hefty $165 million in funding, after which the company said that it would focus on developing medical-grade fitness trackers. At the time the company was valued at $1.5 billion, half of the valuation it held in April 2015. Perhaps the latest news represents the companies shift away from consumer tech and towards medical tech.

Jawbone has also been having a tough time in the courts — it was sued by Flex (formerly Flextronics) for breach of contract, a lawsuit it has since settled. And it has also been battling with Fitbit, and suffered a small loss when a judge ruled that Jawbone had infringed on a Fitbit patent.

It’s important to remember that so far these reports are just that — reports. Jawbone has yet to make any official statement on its business direction.

Computing

A second Wells Fargo glitch results in the foreclosure of more homes

A computer error has struck Wells Fargo once again, resulting in hundreds more homes being mistakenly foreclosed after a first glitch was reported in August. To compensate one customer, the bank sent a check for $25,000.
Home Theater

Netflix vs. Hulu vs. Amazon Prime: Battle of the streaming giants

Trying to figure out which subscription streaming service to use while sticking to a frugal entertainment budget? Check out our updated comparison of the big three: Netflix, Amazon Instant Video, and Hulu.
Deals

The best Apple Watch deals for December 2018

The Apple Watch has surged to prominence in recent years. If you're in the market for an iOS wearable, we've sniffed out the best Apple Watch deals available right now for all three models of this great smartwatch.
Deals

Today’s best Amazon deals: Garmin, Sony, and Bose

Black Friday and Cyber Monday may be over, but for retail giants like Amazon, the savings are only getting started. We've scoured the depths of Amazon to find you the very best deals going on right now.
Computing

These laptop bags will keep your notebook secure wherever you go

Choosing the right laptop bag is no easy feat -- after all, no one likes to second-guess themselves. Here are some of the best laptop bags on the market, from backpacks to sleeves, so you can get it right the first time around.
Mobile

Samsung partners with AT&T to create a multi-band 5G smartphone for late 2019

Ready to experience a radical transformation in mobile communication? AT&T is launching mobile 5G in cities across the country over the next few months. Here's everything you need to know about the AT&T 5G rollout.
Mobile

Qualcomm's 3D Sonic fingerprint sensor could make your next phone more secure

Almost exactly a year after the launch of the Snapdragon 845, Qualcomm took the wraps off of its next-generation mobile platform, the new Snapdragon 855. The new chip puts an emphasis on A.I. performance.
Movies & TV

Movies Anywhere service adds Comcast films to its library and devices

Movies Anywhere lets you watch movies purchased from different services all in one place, and it just got even better with the addition of Comcast, which joins Microsoft, Amazon, iTunes, Google Play, Vudu, and FandangoNow.
Web

Can Microsoft’s Airband Initiative close broadband gap for 25M Americans?

A new report from the Federal Communications Commission (FCC) says that 25 million Americans do not have access to broadband internet. Of these, more than 19 million are living in rural communities. Can Microsoft help out?
Business

Amazon scouted airport locations for its cashier-free Amazon Go stores

Representatives of Amazon Go checkout-free retail stores connected with officials at Los Angeles and San Jose airports in June to discuss the possibility of cashier-free grab-and-go locations in busy terminals.
Business

‘Ralph Breaks the Internet’ wins one of the worst box-office weekends of 2018

Wreck-It Ralph sequel Ralph Breaks the Internet stayed on top of the weekend box office for the third week, winning what was one of the worst weekends for ticket sales in the US so far this year.
Computing

Google+ continues to sink with a second massive data breach. Abandon ship now

Google+ was scheduled to shut its doors in August 2019, but the second security breach in only a few months has caused the company to move its plan forward a few months. It might be a good idea to delete your account sooner than later.
Business

How to start your online business in 6 simple steps

Making the right choices now can greatly impact your success down the line, and the last thing you want to do is spend your energy revisiting old decisions instead of growing your company.
Business

Chinese court upholds Qualcomm's complaint that Apple infringed on two patents

Apple is following the FTC's lead and has sued Qualcomm for a massive $1 billion in the U.S., $145 million in China, and also in the U.K., claiming the company charged onerous royalties for its patented tech.