Jawbone is reportedly going out of business.
Sarah Tew/CNET
It might be time to say goodbye to Jawbone.
The electronics company, known for its fitness trackers and portable speakers, has started liquidation proceedings after years of financial struggle, The Information reported on Thursday. A notice sent to creditors reportedly said the company entered into insolvency proceedings under California law on June 19.
Jawbone co-founder and CEO Hosain Rahman has launched a new company called Jawbone Health Hub that will focus on health-related hardware and software, a “person close to …
Read the full article at: https://www.cnet.com/au/news/jawbone-may-be-going-out-of-business/