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Google Buys Fitbit for $2.1B

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Re: Google Buys Fitbit for $2.1B

#292
post #181
post #46

Vic Gundotra (VP Google) said back when Microsoft bought Nokia that "two turkeys don't make an eagle". Google officially has become the Microosft of the mid 2000s. Lack of direction and innovation, buying up companies just for the sake of it. Here is a link to Google's anology: https://www.techspot.com/news/42338-google-attacks-nokia-and...

80% to 90% of Google’s revenue derives from collecting your personal information, and you think that buying a wristband that tracks the biometrics of 25 million people is “just for the sake of it”?

Is it possible they see an end to this era of personal-data-valuation and are diversifying?

Re: Google Buys Fitbit for $2.1B

#293
post #119

Earlier quoted context omitted.

Facebook, Apple, Amazon, Netflix and Google. Although, it might be more appropriate to call Google 'Alphabet' now. But FNAAA doesn't have as much of a ring to it.

frankly, Microsoft deserves to be in there at this point, so that would end up being FANAMA for Facebook,Apple,Netflix,Amazon,Microsoft,Alphabet and it's easier to pronounce to boot

A man, a fan, a channel?

Re: Google Buys Fitbit for $2.1B

#294
post #239

Earlier quoted context omitted.

I thought Google acquired Moto for the patent portfolio. On that basis the transaction seems to have paid off given the relative lack of noise on the troll front recently.

That is possible, but it seems like they could have accomplished that for a lot less money.

How?

Re: Google Buys Fitbit for $2.1B

#297

And here I was considering getting fitbit... Could anyone suggest an alternative? I really have no trust that google will keep promise not to use the data. edit: thanks all, I have too look into it all back home.

The Apple Watch is the best smart watch on the market and I'd trust Apple a lot more with my data than any alternative.

my one issue with Apple Watch is requiring an Apple iPhone to use it, if it could be instead used with an iPad or even one of their laptops/desktop I would have one and have bought them for a relative or too; mostly for the fall detection

Re: Google Buys Fitbit for $2.1B

#298
Fitbit always refused to open detailed APIs and integrate with HealthKit to keep people using their stuff which is why I switched to an Apple Watch despite really liking my Charge HR. Looks like that was the right decision and HealthFit will probably never ever come into consideration

Re: Google Buys Fitbit for $2.1B

#299

Earlier quoted context omitted.

However, if the merging companies compete in the same market, it would be fairer to claim that "It's like taking the number two and number three sprinters in the world, and having them run IN SERIES against the number one sprinter." (emphasis mine). Because number two and three companies merging to a new number one does in fact happen. (Note that this is the case here, though. No idea where Google is going with this.…

I don't know that that analogy follows, because agglomerations of thousands of people doing a complex task really aren't that comparable to two people doing one simple task. Taking one example I know of second-hand: My brother worked for the #2 company in his industry at the time they acquired #3 in an effort to overtake the market leader. It worked out disastrously. It turns out that #3, despite being the less profi…

Is this Thomson merging with Reuters to take on Bloomberg? Everything you describe here sounds like it.

Re: Google Buys Fitbit for $2.1B

#300
post #175

Earlier quoted context omitted.

Looking on Pixel sometimes I think that Google is not interested to have phone that is taking the world. I think it is more interested in taking word of OS of phones and have phone that is part but not taking world. If Googles tries to take world of phones, then other companies like Samsung will start developing their phone OS which Google do not wants. So I think that the current state of the market of phones and ph…

I don't think Samsung, or anyone else trying to develop their own phone OS is any kind of threat to Google. If Microsoft can't make that work with their last phone OS, which was a genuinely interesting, innovative and high quality product, nobody can.

Samsung has good hardware and very good brand for phones which Microsoft has not. I personally thing that if Samsung decides it can become much bigger threat to Android than Microsoft.
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