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Google’s US$2.1bil bid for fitness tracker maker Fitbit will face a full-scale EU antitrust investigation next week, people familiar with the matter said on Thursday.
Garmin said client data from the company's smartwatch and GPS services – offline since Thursday – has not been compromised, despite fears of a ransomware attack.
GPS device-maker Garmin’s online fitness tracking service has gone down, leaving runners and cyclists struggling to upload data from their latest workouts.
EU antitrust enforcers are asking interested parties whether Google's pledge not to use fitness tracker maker Fitbit's health data for its advertising, and to separate the dataset from its own, might ease concerns over their tie up.
Alphabet Inc's Google has offered not to use health data of fitness tracker company Fitbit to help it target ads, in an attempt to address EU antitrust concerns about its proposed acquisition, the company said late on July 13.
Google may be able to stave off a full-scale EU antitrust investigation into its planned US$2.1bil bid for fitness tracker maker Fitbit
EU regulators are checking whether Google's purchase of Fitbit might allow it to drive rival makers of wearable devices, app developers and other online service providers out of the market, and boost its dominance in online advertising and search.
If you’re concerned about the pervasive role in daily life of technology companies such as Alphabet Inc’s Google, then its planned US$2.1bil (RM9.04bil) acquisition of Fitbit Inc is a worry.
The takeover of fitness tracker Fitbit Inc by Alphabet Inc’s Google should get close scrutiny from global regulators because it would allow Google to strengthen its already dominant position in digital markets, privacy and consumer groups said.
SYDNEY/BENGALURU: Australia's antitrust regulator warned Google's planned $2.1 billion acquisition of fitness tracker maker Fitbit may give it too much of people's data, potentially hurting competition in health and online advertising markets.