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Titan acquires 10% Stake in CueZen for Wearable Tech

15Dec By AdityaNo Comments

ACQUISITION

Titan acquires 10% Stake in CueZen for Wearable Tech

15th December 2023, Calif.: Leading lifestyle company Titan Company announced that its subsidiary, TCL North America, has entered into an agreement to acquire a 10 percent stake in CueZen, a Delaware Corporation. Through a Series Seed Stock Purchase Agreement, TCL North America will subscribe to Series Seed Preferred Stock in the Common Stock, resulting in a fully diluted ownership of 10 percent in CueZen. The transaction is valued at $3.5 million and is expected to be completed by December 31, 2023. This investment is a strategic move for TCL North America to explore the potential technologies offered by CueZen in its smart wearable business. In November, Titan Company, owned by Tata, reported a 9.7 percent YoY increase in net consolidated profit to Rs 916 crore during the September qu...

Google wins EU antitrust nod for $2.1 billion Fitbit deal

17Dec By reutersNo Comments

News

Google wins EU antitrust nod for $2.1 billion Fitbit deal

17th December 2020: Alphabet's Google won EU antitrust approval on December 17 for its $2.1 billion bid for Fitbit after agreeing on restrictions on how it will use customers' health-related data. The deal had triggered criticism from privacy advocates on both sides of the Atlantic, consumer organisations and Google rivals about the company's market power and the use of people's health data in targeted advertising. Fitbit, once the leader in the wearable devices market, has lost market share to Apple, Xiaomi, Samsung and Huawei in recent years. The European Commission said it had agreed concessions with Google, valid for 10 years with the possibility of another 10-year extension, addressing competition concerns, confirming a Reuters story in October. Google will store Fitbit us...

Samsung Launched ‘Hand Wash’ App for Galaxy Watch, Will remind users to wash hands

4Jun By NitishNo Comments

Tech

Samsung Launched ‘Hand Wash’ App for Galaxy Watch, Will remind users to wash hands

In order to help people get into the habit of properly washing their hands, Samsung launched a Hand Wash application for Galaxy watch users. The app is available for download on the Galaxy Store for Gear S3, Gear Sports, Galaxy Watch, Galaxy Watch Active and Galaxy Watch Active 2 users. The World Health Organization has recommended frequent washing of hands among a slew of other measures to halt the spread of Covid-19. Hand wash is considered effective only when it lasts for full 20 seconds, according to healthcare professionals. To make things easy, a small group of designers and developers from Samsung Research Institute-Bangalore, or SRI-B’s UX and wearable teams, worked round-the-clock over the last two weeks to come up with a solution that helps you keep healthy and sa...

7Nov By RishabhNo Comments

FUNDING

IoT Startup CoveIoT Raises Funding From Titan

Titan Company Ltd, an Indian luxury goods company; a joint venture between Tata Group and Tamil Nadu Industrial Development Corporation, has recently invested in a wearable IoT startup CoveIoT as per the reports by a financial daily. The amount that has been invested is expected to be between $3-5 million, marking the first such investment by the giant in IoT space. The development will be used to develop the product and its R&D, analytics etc. Also Recommended New Samsung Ad Is Something iPhone Users Cannot Tolerate Twitter Says Trump’s Account Deactivated By Employee Leaving Company COVE is a registered brand of KaHa Pte Ltd, and is an end to end SMART IoT wearables platform that is a single window to brands to launch range of sma...

Now Play Temple Run By Swiping Your Finger Across Your Arm

6May By AdityaNo Comments

Tech

Now Play Temple Run By Swiping Your Finger Across Your Arm

Soon, you'll be able to play Temple Run by swiping your finger across your arm as a team of researchers from Carnegie Mellon University has developed a new wearable technology Called SkinTrack that can turn the entire lower arm into a touchpad. Developed by the Human-Computer Interaction Institute's Future Interfaces Group, the new system allows for continuous touch tracking on the hands and arms. It also can detect touches at discrete locations on the skin, enabling functionality similar to buttons or slider controls. Previous "skin to screen" approaches have employed flexible overlays, interactive textiles, and projector/camera combinations that can be cumbersome. SkinTrack, by contrast, requires only that the user wear a special ring, which propagates a low-energy, high-frequency ...

First Safety Wearable in the World Designed Specially For a Factory Floor Worker

5May By AnkitaNo Comments

News

First Safety Wearable in the World Designed Specially For a Factory Floor Worker

The Tata Group today said it has developed a watch exclusively for factory workers which can provide critical real-time safety data and announced that it is looking to sell wearable devices to tech-savvy consumers in the future. "This is the very first safety wearable in the world designed specially for a factory floor worker," the conglomerates Group Chief Technology Officer Gopichand Katragadda told reporters, displaying an image of the watch sporting a Tata logo. He said the watch has been designed by multiple Tata Group companies. The basic idea came from Tata Steel whose workers will be using it soon, with user inputs from Tata Chemicals and Tata Motors whose shop-floors will also benefit. It is supported by TCS cloud-based analytics platform, designed by Tata Elxsi and will be m...

Chetan Bhagat Launched LI5E a Smart IOT Wearable on Flipkart

1Apr By NitishNo Comments

News

Chetan Bhagat Launched LI5E a Smart IOT Wearable on Flipkart

Flipkart and renown author of India Chetan Bhagat announce an exclusive partnership to launch LI5E, a first-of-its-kind emotionally intelligent IOT wearable that improves intelligence and confidence as you use it. LI5E (pronounced LIFE) will be available exclusively on Flipkart at a special one-time introductory price of Rs 999. Commenting on the partnership, Binny Bansal, CEO – Flipkart, said, “We are excited to partner with Chetan Bhagat. This unique, first-of-its-kind alliance is a validation of Flipkart’s leadership and reputation as a trendsetter in the exclusive branded merchandise space.” “Flipkart was the No. 1 choice to launch LI5E,” said Chetan Bhagat. The Mumbai-based author of emotionally intelligent fiction best-sellers added, “Internet of Things (IOT) is a fascinating rea...