Mobile Minutes: Periscope on Android; Fitbit’s IPO; Wearables tracking employees; Smartwatch apps for travel
Fitbit seeks up to $478 million in IPO of health-device maker
Fitbit Inc., the maker of wearable devices that collect data on exercise and sleep patterns, is seeking to raise as much as $478 million in an initial public offering.
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More bosses expected to track their staff through wearables in the next 5 years
More companies like USAA are expected to embrace wearable devices with open arms in the coming years, precisely because of their ability to monitor the workers wearing them, and to track them more clearly as data points whose actions can be predicted and incentivized.
Read more on Forbes