Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
Stocks in Asia Pacific edged up in Friday morning trade as a series of developments overnight on the U.S.-China trade front dampened hopes.Asia Marketsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
Asian cities are on the rise and are dominant in the Fintech space.Financeread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
The Pentagon on Thursday said the recent attack on Saudi Arabian oil facilities were "sophisticated" and represented a "dramatic escalation" in tensions within the region.Defenseread more
Investors in Fitbit include Qualcomm Ventures and SoftBank Capital, according to the company's official website.
The number of shares and price haven't been disclosed yet. Fitbit gave no specific plan for the proceeds from the IPO.
Fitbit sold 10.9 million devices last year, according to its filing, and another 3.9 million in the first quarter of this year. The company had reported revenue of $336.8 million and net income of $48 million for the three months ended in March 31.
Fitbit specializes in the production of tracking devices that monitor health and fitness. The device records calories burned and the activity level of users, among other metrics. The company now faces an Olympic-level competitor, as the new Apple Watch offers a whole spread of health and fitness services.
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