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Google Buys Fitbit for $2.1B

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201–210 of 784 posts

Re: Google Buys Fitbit for $2.1B

#201

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.

Mi band 4 has best battery life and together with mi band tools app (search on play store) is great. To be honest, if there were custom opensource ROMs for mi band, they would destroy all alternatives.

Re: Google Buys Fitbit for $2.1B

#202

Earlier quoted context omitted.

Fibit should fit perfectly into the 99$ market for a zillion people that just want to track steps and sleep cycles.

They’re starting to put some of their data behind a monthly subscription, especially around sleep. A coworker recommended I look into buying one, but as soon as I saw that I needed to pay $x per month to see data they were already capturing, I immediately passed.

I came across this with my fitbit this week. I immediately had such a clear realization I was done with this company.

Re: Google Buys Fitbit for $2.1B

#203

Garmin and Apple have the fitness market covered. Fitbit never had the hardcore fitness market Garmin executed into and Apple has always had a product that works well across the wearable and fitness. Between these two companies I can't imagine there's much of a niche Fitbit does better. On the extreme hardcore triathlon user even Garmin has taken a lot of market from Suunto and the like. I've owned a handful of Garmi…

I recently purchased the Samsung Galaxy Active 2 and am loving it so far. Fitness tracking seems to be accurate too.

Would be interesting to see the market share of Apple, Samsung and Garmin for smart watches.

Re: Google Buys Fitbit for $2.1B

#204

Earlier quoted context omitted.

YouTube is hemorraging red ink, if it wasn't suppprted by the rest of Alphabet it would quickly become unsustainable. Kinda hard to call that a "successful" acquisition.

"it would quickly become unsustainable" why?

If its not profitable. Revenue without profit is meaningless without it being part of some larger platform play. Besides that, how much is YouTube benefiting from getting to take advantage of below market access to Google’s infrastructure?

Re: Google Buys Fitbit for $2.1B

#205

I can see them linking this data to medical data and getting sued again. Like last June https://www.nytimes.com/2019/06/26/technology/google-univers...

I've been interested in tracking sleep/exercise/heart rate more closely, but have yet to find a manufacturer that takes privacy seriously. Whatever device I have should transfer data only to computers that are under my control. No matter how pure the intentions of the current maintainers of centralized databases, acquisitions can lead to those databases being in unscrupulous hands.

> have yet to find a manufacturer that takes privacy seriously

What's wrong with Apple then?

Re: Google Buys Fitbit for $2.1B

#206
post #201

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.

Mi band 4 has best battery life and together with mi band tools app (search on play store) is great. To be honest, if there were custom opensource ROMs for mi band, they would destroy all alternatives.

And it's cheap.

The irreplaceable band on my wife's fitbit charge broke once, then the 3rd party replacement that shouldn't exist broke too. She then decided to get the cheapest option and seems pretty happy with it still. And if it breaks she'll just get a new one.

Re: Google Buys Fitbit for $2.1B

#208

Earlier quoted context omitted.

What long and successful history? The only one that I can think of that was a definite success is Android. Their only notable hardware acquisitions that I can think of were Motorola which was a disaster, Nest which is barely muddling along, and the semi-acquisition of HTC’s hardware team that made the Pixel. While the Pixel may be a great phone, it isn’t taking the world by storm

YouTube, Doubleclick, Waze, and DeepMind were good acquisitions.

What exactly does DeepMind even do that provides investor ROI? I can't call it a good acquisition.

Re: Google Buys Fitbit for $2.1B

#209

Earlier quoted context omitted.

As someone stated below, YouTube is still not profitable. Waze is really not adding to their bottom line, and DoubleClick was to increase their advertising reach. It’s really not analogous to their hardware acquisitions.

"as someone stated"... Google has never released Youtube numbers, so I can't say that. I will tell you that youtube is the dominant video platform on the internet. You do realize Youtube shows ads? and those ads are part of google's ad revenue? But the numbers have been inferred "YouTube probably generates $16 billion to $25 billion in annual revenue"[1] Waze drives all of their google maps traffic data. Again, indus…

there are no ads on YT

Re: Google Buys Fitbit for $2.1B

#210
post #90

This is terrible news. As if Google didn't know enough about you already - they will now be supplied with a 24/7 live feed of your most sensitive health statistics. I'll be switching to a competitor and closing down my account there as soon as possible to hopefully prevent years of my historic data from being merged into the (ghost) profile Google has on me. But at this rate it won't be long before there are simply n…

To be fair, Apple does this too to some extent. However, given their most recent commercial re privacy and all of their public statements on the topic, I don't expect them to exploit it for profit quite so shamelessly. https://www.youtube.com/watch?v=Py0acqg1oKc

Privacy as current corporate strategy is better than nothing, but it's not really good enough when you're talking about health data or other personal data that will still be highly sensitive for many 30-40 years on from now, when the entire board and leadership of the company and market will have changed in unpredictable ways. There's no true solution to long term uncertainty other than confirmed zero knowledge software and/or regulation.
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