Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Fossil to Stop Making Smartwatches
Fossil to Stop , Making Smartwatches.
Fossil Group has decided to redirect its resources to goods outside of the "smart" category, The Verge reports.
.
Jeff Boyer, executive vice president and COO of Fossil, shared the news on Jan.
26.
As the smartwatch landscape has
evolved significantly over the past few
years, we have made the strategic decision
to exit the smartwatch business, Jeff Boyer, executive vice president and COO of Fossil, to The Verge.
Fossil Group is redirecting resources to
support our core strength and the core
segments of our business that continue to
provide strong growth opportunities for us: , Jeff Boyer, executive vice president and COO of Fossil, to The Verge.
... designing and distributing
exciting traditional watches, jewelry,
and leather goods under our own as
well as licensed brand names, Jeff Boyer, executive vice president and COO of Fossil, to The Verge.
The Gen 6 smartwatch will be Fossil's last.
.
It first launched in 2021.
.
Current Wear OS watches will remain updated "for the next few years," according to Boyer.
The company's exit from smartwatches doesn't come as a complete surprise.
Reddit users previously shared "insider"
knowledge about the change, and Fossil's
expected 2023 Gen 7 announcement never came.
Fossil's absence from the market will leave a big gap
as it's been a significant maker of Wear OS smartwatches throughout the years, The Verge reports.
‘Cowboy Carter’ Is , Missing Tracks on Vinyl, Fans Say.
According to fans who pre-ordered Beyoncé's newest album on vinyl, five songs are missing.
This missing tracks are reportedly
"Spaghetti, Flamenco, The Linda Martell Show, Ya Ya and Oh Louisiana," BBC reports. .
Some fans have even reported that
CD copies are missing four songs.
What is up with that?! How could
she sell an incomplete album?, Fan, via Reddit.
We need at least a discount refund,
or be able to refund altogether
since the CDs and vinyls delivered
are not what was listed, Fan, via Instagram.
Beyoncé previously said that 'Cowboy Carter' took "over five years" to create, which may explain why some vinyl and CDs are missing tracks, BBC reports. .
Albums have to be submitted to
vinyl pressing plants far in advance, so Bey may have added more songs after the fact.
Others noticed that Beyoncé changed the album
title on CD and vinyl copies to 'Act ii: Beyincé.'.
Bey's maternal grandparents were
reportedly called Beyincé, so she
referenced the name in her new work.
Meanwhile, Beyoncé recently talked about how she "wanted to go back to real instruments" on this album.
I didn't want some layers of instruments
like strings, especially guitars, and
organs perfectly in tune. I kept some
songs raw and leaned into folk. , Beyoncé, via statement.
I didn't want some layers of instruments
like strings, especially guitars, and
organs perfectly in tune. I kept some
songs raw and leaned into folk. , Beyoncé, via statement.
All the sounds were so organic and
human, everyday things like the wind,
snaps and even the sound of birds
and chickens, the sounds of nature, Beyoncé, via statement
Credit: Wibbitz Top Stories Duration: 01:30Published
Reddit Prices Shares , at $34 in IPO.
Reddit will go public on March 21 and has priced
its IPO at $34 a share, Yahoo Finance reports.
That is about a $6.4 billion valuation.
A social media company hasn't gone
public since Pinterest in 2019.
Reddit gained increased recognition
amid the meme stock craze of 2021.
Reddit had 500 million site visitors in 2023.
Its revenue increased 20%
from 2022 to $804 million.
According to an S-1 filing, Reddit said that its "content is particularly important" for the world of artificial intelligence.
We are exploring business
opportunities in licensing data
for purposes including machine
learning, business analysis, display
and training generative AI models, Reddit, via S-1 filing.
1.76 million shares have been set aside for eligible Reddit users and moderators. .
Headline venture partner Kamran Ansar
said the decision lends itself to volatility. .
You may see a big run up in
the stock price and a drop, Headline venture partner Kamran Ansar, via statement.
Because this has such a rabid
community around it, the Reddit
users, you could see Reddit itself
ironically become a meme stock
the way that you saw happen
with like AMC and GameStop, Headline venture partner Kamran Ansar, via statement
Credit: Wibbitz Top Stories Duration: 01:30Published