Fitbit layoffs on the way after disappointing Q4 results

fitbit layoffs blaze smartwatch

The holiday season was reportedly not as good as hoped for the fitness tracker and smartwatch maker. Fitbit layoffs appear to be on the way despite the fact that the company maintains its position at the top of the wearable technology market. The company has announced that its fourth quarter results for 2016, though strong, missed Wall Street’s predictions. As a result of those results, it will be laying off between 5 percent and 10 percent of its total workforce. The company’s board voted that the Fitbit layoffs were among…

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Who won top wearable technology awards at CES 2017?

wearable technology awards

Smartwatches and fitness trackers have a lot to live up to in this rapidly expanding category. CES 2017 is far from disappointing if you’re looking for the latest in tech, and the wearable technology awards have shown that this category is stronger than ever. Aside from the smart appliances and swarms of drones a plethora of new wearables have swamped the show. While there are tons of great gadgets to be seen, it’s the recipients of the wearable technology awards that had attracted the most attention. Even without the additional…

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American wearable technology market underperforming compared to predictions

smartwatch American wearable technology market

U.S. wearables as a whole are not doing as well as had been forecasted earlier this year. While certain specific wearables are doing well, the American wearable technology market as a whole is not growing as expected. A new eMarketer report suggest that even top performers aren’t reaching the anticipated growth levels. This, at the same time that Apple continues to insist that its Apple Watch sales are “doing great.” The eMarketer data showed that Fitbit, the Apple Watch and other devices were expected to see a 60 percent year…

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Pebble smartwatch company withdrawing from the market

Pebble Core - Pebble smartwatch wearable technology

The firm behind the wearable technology has announced that it will be shutting down its operations. The Pebble smartwatch had been holding its own for a long time. However, with wearable technology competition rising from giants such as Apple and Google, the challenge skyrocketed. Many in the industry felt that Pebble’s longer history would ensure its position in the market. That does not appear to be the case. On Wednesday, the company announced that the Pebble smartwatch business would soon shut down. The announcement was made on the official Pebble…

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Are the weirdest electronics of 2016 actually making our lives better?

Now that we’re working on the last part of the 3rd quarter of 2016… it’s more than clear that the power bank is one of the most indispensable accessories.  Rechargeable batteries are central to our existence these days.  At the same time, some of the weirdest electronics we’ve seen so far have also made their way into the spotlight.  We may love our backup battery packs, but it’s fun to learn about the strange stuff, too! The following are some of the coolest devices, mobiles and wearable technology gadgets… to…

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