Fitbit Fumbles: Google-Owned Giant Admits Glitches, But Offers No Quick Fix
Portfolio Pulse from Ananya Gairola
Google-owned Fitbit app, a subsidiary of Alphabet Inc., has been experiencing major technical difficulties, with users reporting issues such as data failing to load and problems activating the new Charge 6. Despite some users reporting that the issue had been resolved, many continue to face problems. This disruption follows two major outages experienced by Fitbit in February. In August, Fitbit was accused of breaching the EU’s General Data Protection Regulation or GDPR privacy rules.
October 12, 2023 | 8:27 am
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NEGATIVE IMPACT
Google's Fitbit app is facing major technical issues, which could potentially affect user trust and the company's reputation.
The ongoing technical issues with the Fitbit app could lead to a loss of user trust and negatively impact Google's reputation. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Alphabet Inc., the parent company of Google, could potentially face negative impacts due to the ongoing technical issues with the Fitbit app.
As the parent company of Google, Alphabet Inc. could potentially face negative impacts due to the ongoing technical issues with the Fitbit app. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100