activity tracking device
More than 70 percent of Walgreens Balance Rewards members participating in the healthy choices program with a connected device were still active in the program a year later, according to Walgreens.
The wearable device market grew in Q1 for the eighth consecutive year, according to a report from research firm IDC.
Fitbit Surge
San Francisco-based Fitbit disclosed in an amended SEC filing that it plans to price its shares between $14 to $16 and raise up to $358 million in its imminent IPO.
Pear Sports, the Irvine, California-based activity tracking and audio coaching company, has raised an additional $821,000 according to an SEC filing, the beginning of a hoped-for $3 million round.
Jawbone UP2
Just a few weeks after Fitbit filed for an IPO, one of the company's biggest competitors, Jawbone, has sued Fitbit, according to the New York Times.
Plantation, Florida-based CarePredict has raised $1 million for an aging in place technology service that helps caregivers keep tabs on the wellbeing of older family members.
Just two days after Jawbone announced that it will finally ship its heart rate tracking wearable, UP3, even though the tracker will not be waterproof as initially advertised, an anonymous source told the Wall Street Journal that American Express is working with Jawbone to add payment features to a future wearable.
Fitbit Surge
Fitbit announced today that it has changed the way it calculates and displays active minutes for users.