Engadget: Since 2006, Jawbone's been making noise-canceling bluetooth headsets boasting modern design and military-grade sound. This is not one of those. This is the Jawbone Jambox -- a wireless bluetooth speaker -- and it's what happened when the company decided to let the music out.
For once, the he-said-she-said legal fight between Fitbit and Jawbone appears to be simmering down. Jawbone tells us in a statement (below) that Fitbit has dropped its US International Trade Commission patent case, which sought to ban sales of Jawbone devices in the country. If you ask Jawbone, this ends "baseless" allegations that were meant solely as a "burden." This doesn't mean that the company will respond in kind (its accusations of trade secret theft will see trial in 2017), but it's one less battle to worry about. But why did Fitbit change its mind?
Fitbit Inc did not steal rival Jawbone's trade secrets, a U.S. International Trade Commission judge ruled on Tuesday, dashing Jawbone's hopes of securing an import ban against Fitbit's wearable fitness tracking devices.
If recent reports are to be believed, Jawbone is in serious trouble after missing a payment to a creditor. Sources close to the company have denied it, but this isn't the first time we've heard such rumors. The Information reported earlier this week that the firm is running out of money and has put itself up for sale. If that's the case, then I can think of the perfect suitor: Intel.