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Wearable sales are flat but ring sales are up 100%, says Oura CEO

Smart watches and other gizmos that track your health and fitness were all the rage. Now, their popularity has cooled off and sales are flat or even declining—except for one category, which has doubled. That’s according to Tom Hale, who leads the smart ring firm Oura, whose flagship $349 Ring 4 device is enjoying a … Read more

Wearable Devices Ltd. Skyrockets Over 500% Pre-Market: What’s Driving the Surge?

Whoa, folks, hold onto your hats—Wearable Devices Ltd. (NASDAQ: WLDS) is making waves in the market today, with its stock soaring a jaw-dropping 539.41% in pre-market trading as of this writing, hitting $6.49 per share! If you’re wondering what’s got investors buzzing like a beehive, it’s all about the company’s latest moves in the sizzling … Read more

Amazon to buy AI company Bee that makes wearable listening device

Amazon logo on a brick building exterior in San Francisco on Aug. 20, 2024. Smith Collection | Gado | Archive Photos | Getty Images Amazon plans to acquire wearables startup Bee AI, the company confirmed, in the latest example of tech giants doubling down on generative artificial intelligence. Bee, based in San Francisco, makes a … Read more

Amazon acquires Bee, the AI wearable that records everything you say

Amazon has acquired the AI wearables startup Bee, according to a LinkedIn post by Bee co-founder Maria de Loudres Zollo. Amazon confirmed the acquisition to TechCrunch, but noted that the deal has not yet closed. Bee, which raised $7 million last year, makes both a standalone Fitbit-like bracelet (which retails for $49.99, plus a $19-per-month … Read more

Samsung is exploring new wearable form factors such as earrings and necklaces

Samsung released its first fitness-focused smart ring last year, adding to its stable of wearables that’s mostly comprised of smartwatches. The company is now looking to bolster its lineup with new wearables in different form factors, like glasses, earrings, and necklaces, CNN reported. Won-joon Choi, COO of Samsung’s mobile experience division, told CNN that the … Read more

CEO of Oura has 4 predictions for the $80 billion wearable tech industry—including growing his customer base by millions of people

The wearable tech industry is booming. Last year, the market was valued at over $80 billion and is expected to reach an estimated $180 billion by 2030, with the most significant growth across North America.  As more people opt for personalized health data, the once-futuristic idea of wearing health tech daily has become so mainstream … Read more

Nike x Hyperice Hyperboot Review: Wearable Post-Run Recovery

Everybody loves a good foot massage. As an avid runner with plantar fasciitis, I often need a good foot massage. So when I heard about the Nike x Hyperice collaboration to develop a shoe with compression and heating capabilities built in, I was eager to learn more. The Hyperboots feature the same air compression technology … Read more

OpenAI’s next big bet won’t be a wearable: report

OpenAI pushed generative AI into the public consciousness. Now, it could be developing a very different kind of AI device. According to a WSJ report, OpenAI CEO Sam Altman told employees Wednesday that the company’s next major product won’t be a wearable. Instead, it will be a compact, screenless device, fully aware of its user’s … Read more

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