Jawbone labels exit speculation as false, remains committed to building new wearables

Technically, Jawbone was never rumored to be giving up on its semi-successful activity tracker business altogether. Still, the recent murmur of the company’s struggles to clear old inventory and its overall delicate financial standing ultimately prompted a representative to issue a full press statement after initially declining to comment.“Speculation that Jawbone is exiting the wearable business or going out of business altogether is false.” begins the somber proclamation, with a full frontal ...

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Jawbone stops the factories for one last-chance wearable

Jawbone hasn’t gone into bankruptcy. Supposedly, it’s just not selling anything of import right now. And it won’t be able to for a while.Tech Insider is reporting from its sources that it has stopped producing its UP fitness trackers and has sold its inventory to a reseller. The company is also trying to sell its Bluetooth speaker business, according to FORTUNE.  It’s not clear why, but as investors have devalued the company and

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