Fitbit

Fitbit inspires people to exercise more, eat better and live healthier lifestyles.  The company is developing an ultra-compact wireless wearable sensor, called the Fitbit Tracker, that automatically tracks data about a person's activities, such as calories burned, sleep quality, steps and distance. The Fitbit Tracker collects activity data automatically while it is worn by the user all day. The collected data is wirelessly uploaded to a website where the wearer can see their data and track their progress toward personal goals. The website provides a motivational interface where users can share their progress, compare themselves against similar people and work toward virtual goals with their friends, family and co-workers. At the website, users can also manually log nutrition, weight and other health information in order to gain a complete picture of their health. Fitbit makes it easy to achieve a healthy lifestyle by automating the collection of health data and providing a motivating and entertaining user interface.

Fitbit inspires people to exercise more, eat better, and live healthier lifestyles.  The company is developing an ultra-compact wireless wearable sensor, called the Fitbit Tracker, that automatically tracks data about a person's activities, such as calories burned, sleep quality, steps, and distance. The Fitbit Tracker collects activity data automatically while it is worn by the user all day. The collected data is wirelessly uploaded to a website where the wearer can see their data and track their progress toward personal goals. The website provides a motivational interface where users can share their progress, compare themselves against similar people and work toward virtual goals with their friends, family, and co-workers. On the website, users can also manually log nutrition, weight, and other health information in order to gain a complete picture of their health. Fitbit makes it easy to achieve a healthy lifestyle by automating the collection of health data and providing a motivating and entertaining user interface.

Gildan Activewear

Prem Watsa (Trades, Portfolio)'s Fairfax Financial Holdings sold shares of the following stocks during the fourth quarter, which ended on Dec. 31.

Fairfax Exits Fitbit, Gildan Activewear

Merck

NetEase

Pfizer

Prem Watsa (Trades, Portfolio), the founder and chairman of Fairfax Financial Ltd. (TSX:FFH), disclosed this week that his insurance company's top five trades during the fourth quarter featured new positions in Pfizer Inc. (NYSE:PFE) and Merck & Co. (NYSE:MRK) and the closure of his holdings in Fitbit Inc. (NYSE:FIT), Gildan Activewear Inc. (NYSE:GIL) and NetEase Inc. (NASDAQ:NTES).

Prem Watsa's Top 5 Trades of the 4th Quarter

Alphabet

The controversial deal's conclusion sparked immediate pushback from Sen. Amy Klobuchar, D-Minn.

Google-Fitbit acquisition closes, but antitrust scrutiny is far from over

Google stock climbed after parent Alphabet said it closed the acquisition of smartwatch maker Fitbit for $2.1 billion, giving it a top brand in the health and fitness markets versus Apple. The post Google Closes Fitbit Acquisition, Acquires Consumer Brand To Battle Apple appeared first on Investor's Business Daily.

Google Closes Fitbit Acquisition, Acquires Consumer Brand To Battle Apple

Two regulatory reviews are still pending, but their official deadlines have expired.

Google Just Closed the $2.1 Billion Fitbit Acquisition

Fitbit Inc has completed its merger with Alphabet Inc's Google, the companies said on Thursday.

Fitbit completes merger with Google

Fitbit Inc. announced Thursday morning that its acquisition by Alphabet Inc.'s [s; GOOGL] Google has officially closed. Alphabet agreed to pay about $2.1 billion, or $7.35 a share, to acquire Fitbit.

Google's deal for Fitbit closes at last

Following regulatory scrutiny on both sides of the pond, Google this morning announced that it has completed its acquisition of wearables pioneer, Fitbit. Google's use of the vast amount of user health data has long been the key sticking point of regulatory concern of the deal.

Google's Fitbit acquisition is official

Alphabet-owned Google announced Thursday it's finally completed its acquisition of Fitbit.

Google closes its Fitbit acquisition

Roblox

Market intelligence firm Apptopia released its report on the most downloaded mobile apps of 2020.

Top mobile apps of 2020: TikTok, Fitbit, ‘Roblox' and ‘Among Us' lead the way

Fitbit shares sagged as much as 6 percent Tuesday after Australian antitrust regulators threw yet another roadblock in front of its acquisition by Google. Officials in the land Down Under rejected Google's concessions meant to address competitive concerns over its planned $2.1 billion tie-up with the fitness giant.

Fitbit shares slide as Australia regulator questions Google tie-up

Lululemon Athletica

NIKE

Peloton

The need to stay fit and healthy amid the pandemic-led lockdowns has led to an increase in exercise-at-home trends. This has resulted in higher demand for fitness accessories, equipment and gears.

4 Exercise-at-Home Stocks to Benefit Amid Surging Coronavirus Infections

European regulators have signed off on the deal -- but with some strings attached.

Google Scores European Approval for Fitbit Acquisition

Fitbit: EU Approves The Deal

Even amid a crackdown on tech acquisitions, Google has managed to win European Union approval for its $2.1 billion purchase of fitness tracker Fitbit, according to Bloomberg. The move comes as regulators in the EU are looking at ways to keep U.S. Big Tech companies from over-extending their dominance of the markets.

Google Approved By EU To Acquire Fitbit

Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has received European Union antitrust approval for its $2.1-billion — or $7.35 per share in cash — acquisition of Fitbit Inc (NYSE: FIT) after agreeing to limit how it would use the health data of its customers, according to a Reuters report. Google's plan to acquire Fitbit, which supplies fitness trackers and smartwatches, has been attracting criticism from privacy advocates.

Google Wins EU Antitrust Approval For $2.1B Fitbit Deal: Report

Google won EU antitrust approval on Thursday for its $2.1 billion bid for Fitbit after agreeing to restrictions on how it will use customers' health-related data. The deal had triggered criticism from privacy advocates on both sides of the Atlantic, consumer organizations and Google rivals about the company's market power and the use of people's.

Google wins EU antitrust approval for $2B Fitbit deal

The approval comes after a monthslong investigation over concerns about the acquisition's effect on Google's market position in the European Economic Area.

Europe Clears Google's $2.1 Billion Deal for Fitbit. So Long as It Follows These Rules.

Alphabet Inc.'s Google finally obtained approval from the European Commission to acquire Fitbit Inc., after satisfying concerns about how the advertising giant would make use of health data obtained through the deal.

Google's Fitbit acquisition finally wins European approval

The European Union has approved Google's $2.1 billion acquisition of Fitbit after securing concessions from the tech giant, including preventing it from using users' health data for advertising purposes.

Google's $2.1 billion acquisition of Fitbit cleared by EU regulators after key concessions

Google will compete with Apple, Garmin and Samsung.

EU Approves Google's $2.1 Billion Fitbit Acquisition

Europe has greenlit Google's $2.1BN acquisition of fitness wearable maker Fitbit, applying a number of conditions intended to shrink competition concerns over letting it gobble a major cache of health and wellness data following months of regulatory scrutiny of the deal. While Google announced its plan to buy Fitbit over a year ago, it only […]

Europe clears Google-Fitbit with a ten-year ban on using health data for ads

It comes after the European Commission investigated the search giant's promise not to use health data for targeting ads.

Google's $2.1 billion Fitbit acquisition wins conditional EU approval

EU antitrust regulators on Thursday approved with conditions Alphabet unit Google's $2.1 billion bid for Fitbit after the world's most popular internet search engine pledged not to hinder rivals and also not to use Fitbit's health data for its advertising.

EU antitrust regulators clear $2.1 billion Google, Fitbit deal

Google's $2.1 billion acquisition of Fitbit has been approved by the European Commission, the executive arm of the EU.

News for Fitbit Stock (FIT)