Wirecard and Mastercard announced plans to expand their existing partnership to promote digital, contactless payments via wearables. As of today (July 17), the expanded partnership will immediately make Wirecard available in Germany via Garmin Pay. The firms said additional projects are in the works that...
Pod-style lodging is breaking the hospitality mold by combining the best of hotels and hostels — and serving guests who want a middle ground between the two styles of properties. While “capsule hotels” arrived on the scene in Japan in the 1970s, they are now arriving in North...
The Fitbit Ace, the wearable company’s latest $100 offer geared specifically to children, is officially out on the market. Designed for children eight and up, the product, according to reviews in The Verge, is similar to the Fitbit Alta in terms of design. Much of...
Fitbit announced that it has shipped more than one million Fitbit Versa devices since they went on sale on April 16. In addition, more than 2.4 million users have already used its new female health tracking feature, which became available to all Fitbit app users...
Lenovo Group is setting its sights on India as it tries to boost its market share in the wearables industry in the country. Reuters, citing Sebastian Peng, head of accessories at Lenovo Mobile Business Group, reported Lenovo is aiming to corner 20 percent market share...
The worldwide wearables market hit new highs last year, with Apple moving past competitors Fitbit and Xiaomi to take the top spot. According the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker, total volumes for the quarter hit 37.9 million units, a 7.7 percent...
After Fitbit’s revenue and profit missed expectations, the company’s shares fell 12 percent to $4.90 in late trading on Monday (Feb. 26). The news comes as smartwatches are taking the place of fitness trackers, Barron’s reported. Fitbit CEO James Park said the company was experiencing “rapidly...
Fujitsu announced in a press release that it will unveil the latest in its PalmSecure Biometrics and Washable/Wearable RFID at the National Retail Federation’s 2018 annual show in New York City next week. During the show, which will be held at the Jacob K. Javits Conference...
Fitbit has announced that its base of active users grew to more than 25 million in 2017. It was also revealed that the Fitbit Charge 2 is the top-selling fitness tracker in the U.S., and was also one of Amazon’s top sellers in the health...