Showing posts with label Fuelband. Show all posts
Showing posts with label Fuelband. Show all posts

Monday, April 28, 2014

Week In Review for Bitcoin, Wearable Tech

As always, check out the hashtags of each of the topics to get up to the minute information.

Bitcoin
- Guardian article (link here) on the democratic disruption of finance. Thanks for the tweet @howardlindzon. 


Wearable Tech
- Nike drops Fuelband, Marketwatch story here.

Tuesday, April 22, 2014

Nike Fuelband Not A Failure, Neither Is Wearable Tech


This week, Nike announced that they are stopping production of the Fuelband. In a few articles, there is a sense that because Nike stopped producing the Fuelband, wearable technology is on the downturn. See Yahoo! article here. Nothing could be further from the truth.

Nike stopped because the Fuelband doesn't fit into its classic business. There are also other competitors that have a far superior technological expertise in the wearable tech space than Nike. When you have companies like Apple, Samsung, Fitbit, Polar, and others generating these products, it makes the case that Nike should not be in the space.

If you think are wondering if the Wearable Tech revolution is dead, go on twitter and hashtag wearabletech and see what you find.