Fossil shares jump after Google agrees to buy smartwatch tech for $40 million

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Google will buy $40 million worth of Fossil's smartwatch tech, Fossil said on Thursday, driving shares of the company upward.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Fossil builds smartwatches that run Google’s Wear OS platform, which competes with the Apple Watch.

Peanuts for Google

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

In dueling Uber and Lyft IPOs, two Google dealmakers named David share competing interestsBI Prime: Google's investment funds have doubled down on ride-sharing. Were they separated at birth? I mena LOOK at them... 😂 Does this photo make anyone else extremely uncomfortable?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon struck a blow at Google by buying a tiny Israeli cloud company for a reported $250 millionAmazon struck a blow at Google by buying a tiny Israeli cloud company for a reported $250 million (BIPrime)
Source: BusinessInsider - 🏆 729. / 51 Read more »

EU top court adviser: Google can limit right to be forgottenAn adviser to Europe's top court says Google doesn't have to extend 'right to be forgotten' rules to its search engines globally. The European Court of Justice's advocate general released a preliminary opinion Thursday in the case involving the U.S. tech company and France's data privacy... What does that mean?
Source: ABC - 🏆 471. / 51 Read more »

‘Techlash’: Whipping Up Criticism of the Top Tech CompaniesThe 'digital word of the year' is 'techlash,' a reaction to overreach by some of the digital world's biggest names What did people do when they went to the bathroom before technology and smart phones?
Source: WSJ - 🏆 98. / 63 Read more »

Google shareholder sues company board, senior managers for allegedly covering up sexual misconductThe suit stems from revelations last year that the company awarded a $90 million exit package to executive Andy Rubin even as he was being pushed out over sexual misconduct allegations.
Source: washingtonpost - 🏆 95. / 72 Read more »