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Google Acquired Fitbit For $2.1 Billion - Science/Technology - Nairaland

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Google Acquired Fitbit For $2.1 Billion by EngrHumble(m): 9:02pm On Jan 17, 2021
Tech Giant Google Says it has completed its $2.1 billion acquisition of fitness-gadget maker Fitbit, a deal that could help the internet company grow even stronger while U.S. government regulators pursue an antitrust case aimed at undermining its power. Thursday’s completion of the acquisition comes 14 months after Google announced a deal that immediately raised alarms.

Google makes most of its money by selling ads based on the information it collects about its billions of users’ interests and whereabouts. Privacy watchdogs feared it might exploit Fitbit to peer even deeper into people’s lives.

But Google wound up entering a series of commitments in Europe and other parts of the world pledging it won’t use the health and fitness data from Fitbit’s 29 million users to sell more ads. It insists it is more interested in adding Fitbit to its expanding arsenal of internet-connected products, which include smartphones, laptops, speakers, cameras and thermostats. “This deal has always been about devices, not data, and we’ve been clear since the beginning that we will protect Fitbit users’ privacy,” Rick Osterloh, Google’s senior vice president of devices and services, wrote in a Thursday blog post.

https://www.mytechmata.xyz/google-acquired-fitbit-for-2-1-billion/

mkmyers45 UjSizzle

Re: Google Acquired Fitbit For $2.1 Billion by yanabasee1(m): 9:05pm On Jan 17, 2021
They'll now force the app on us in every new Android phone.... Not minding if we want to keep fit or not...
Re: Google Acquired Fitbit For $2.1 Billion by EzegeNdiigbo: 10:24pm On Jan 17, 2021
Na wa o

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