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Fitbit’s sales plummet as device’s popularity fades

  Bloomberg Fitbit Inc.’s fourth-quarter revenue fell 19 percent, hurt by fading consumer demand for its once-popular wearable fitness trackers. Revenue in the quarter — which includes the holiday shopping season — dropped to $573.8 million, the company said in a statement. Fitbit in January had forecast sales of $572 million to $580 million. Before then, analysts had been predicting ...

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LG looks to expanding ‘smart’ expertise

  Dubai / Emirates Business The latest version of LG Electronics’ (LG) webOS 3.5 Security Manager smart TV platform has been certified for its effective cybersecurity capabilities by UL, the world’s foremost expert in safety and sustainability, a first in the smart TV category. Following in the footsteps of its expertise in smart TVs, LG intends to expand this level ...

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Technology trouble dents car and truck reliability: Study

  DETROIT / AP Technology glitches including Bluetooth phone pairing and misunderstood voice commands put a dent in car and truck reliability scores in a major survey of automobile owners. Lexus and Porsche tied for the top spot, leading all brands for dependability in the survey released Wednesday by the consulting firm J.D. Power. But electronic problems caused trouble across ...

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