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Fitbit: The Latest Pro-Consumer Start-Up Acquisition

January 14, 2021


Start-up acquisitions play an increasingly important role for innovators and consumers alike. In fact, more than half of US startups strive towards acquisition as their long-term goal. Fitbit is no exception. The company was looking to be acquired after struggling to maintain its foothold in the highly competitive wearables market currently dominated by Apple. Google’s […]

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Advancing ideas to keep tech empowering people.

New year, new trend in ad tech: @OpenAPTV automates the trading process for TV ad buyers and sellers, focused on “facilitating data-informed TV ad deals” and “making its system more closely resemble digital ad platforms.” More: https://t.co/Ux48vZ6dvo

January 14, 2021 at 2:45 pm

Fitbit: The Latest Pro-Consumer Start-Up Acquisition

Start-up acquisitions play an increasingly important role for innovators and consumers alike. In fact, more than half of US startups strive towards acquisition as their long-term goal. Fitbit is no exception. The company was looking to be acquired after struggling to maintain its foothold in the highly competitive wearables market currently dominated by Apple. Google’s […]

Read More

acquisitionsConsumer Welfaremergers

Big is not bad for the tech industry, and “superstars” continue to invest in technologies and operations to “deliver large social benefits in terms of lower prices, better services, more innovation” and international competitiveness.

January 14, 2021 at 1:18 pm

ICYMI: @GM unveils a business unit devoted to electrifying the delivery system, with @FedEx as the first customer. Retailers and shippers greatly benefit from a competitive market for electric delivery systems, providing fast and accurate services. More: https://t.co/GpfIvAFmOq

January 14, 2021 at 12:30 pm

Virtual events are valued at nearly $78 billion and expected to grow at 23.2% annually by 2027. The future of events will be a hybrid model, continuing the dynamic expansion of virtual event products enabled by many innovative technology firms, via @Shama https://t.co/xb4oMrygjE

January 14, 2021 at 11:14 am

Mergers place pressure on rivals to innovate because the purpose of antitrust laws should be maximizing output that benefits both consumers and workers, not protecting rivals, as reminded by Herbert Hovenkamp, antitrust law expert: https://t.co/7UNLyKXwlg

January 14, 2021 at 10:00 am

In retail, omnichannel offerings are the next big thing. Major retailer @Walmart is partnering with @FedEx to stay competitive as consumers shop from home, increasing options for shoppers to “return their merchandise in a number of ways.” https://t.co/B8uyS41bfB

January 14, 2021 at 8:55 am

Myth: Mergers and acquisitions stifle innovation in the digital economy.

Fact: M&A spark innovation, leading to better and cheaper products for consumers. Read more: https://t.co/K5dL5Pqz2v

January 13, 2021 at 4:04 pm

🔥 Competition in advertising is heating up. @Univision‘s new streaming service will be free to users while offering a competitive ad experience where all content “is organized into various ad-supported channels, but it can all be streamed digitally.” https://t.co/jrDF653lwq

January 13, 2021 at 3:14 pm

ICYMI: @LGUS is a new adtech entrant, with the competitive move coming “as streaming TV is seeing significant growth in viewership, advertising and players seeking to capture the spending on those ads.” https://t.co/w2vRdgDdkP

January 13, 2021 at 2:53 pm
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Learn more about how growth helps all Americans

Hostility to innovation and technology diminishes the incredible Internet-enabled opportunities that leading tech services provide: empowering consumers, driving prices down and increasing choice, and providing platforms to help entrepreneurs grow their businesses. It has given us a golden era of entertainment, knowledge, and everything from fashion startups, to booming mom and pop stores, to the latest app.

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