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Google Confirms Fitbit Deal: Is It Time To Quit Your Smartwatch? [Forbes]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
The Google Fitbit deal was confirmed this week, after being scrutinised by regulators for over a year. But there are still valid concerns over Google’s purchase of the smartwatch maker. Is now the time to quit?... [+]Anadolu Agency via Getty ImagesI was offered a Nest device by my utility supplier for free, but I said no. The reason? Apart from the fact it’s another connected device to add to my home, Nest is owned by Google, and it’s no secret that Google likes data.And so, another one bites the dust. Fitbit, the maker of the smartwatch, has been bought by Google, after the sale was finally approved by regulators.First announced in late 2019, the$2 billion Fitbit dealhas come under a huge amount of scrutiny. In February 2020 theEuropean Data Protection Board(EDPB)—the body responsible for overseeing the application of Europe’s strict data protection rules the EU general update to data protection regulation (GDPR)—expressedover the privacy of Fitbit users’ data. Much of this related t
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