On April 18 CNET reported that Nike is going to stop making wearable hardware and fire the majority of the team responsible for the development of its FuelBand fitness tracker.
And on the same day Re/code reported that these news are false, except for the layoffs, these are true, people are going to lose their jobs.
Nike said in an email sent to Re/code:
“We will continue to improve the Nike+ FuelBand App, launch new METALUXE colors, and we will sell and support the Nike+ FuelBand SE for the foreseeable future.”
So FuelBand is not dead, layoffs are true, new colors are coming soon, and the app will still receive updates!
I think Nike should quit the wearable market now, since Apple is going to release new wearable device soon, or that’s what the rumors say.
Until then, make sure to read your news from multiple website!!!