Fuelband And Other Hardware Discontinued Development Team Fired As Nike Seeks To Exit Wearable Tech Market
Nike has decided to get out of the wearable technology market entirely, according to a brand-new report from CNET. The company is said to have come to the conclusion that fitness software has a more stable future at the company, leading to the discontinuation of the FuelBand and other wearable fitness products and the firing of most of the 70 employees currently working in that division. The move is interesting timing....