Skip to main content
https://www.highperformancecpmgate.com/rgeesizw1?key=a9d7b2ab045c91688419e8e18a006621

Fitbit, Andela, AfricaTech, startups and Brexit, plus content moderation

Programming note: Happy Labor Day!

To our U.S.-based readers, happy Labor Day weekend. Extra Crunch will be off on Monday and will resume publishing next Tuesday.

Reminder: EC ticket discounts for Enterprise Sessions and Disrupt SF

Next week, we will be hosting our Enterprise Sessions event at Yerba Buena Center in San Francisco. It’s a killer lineup, and directly follows up on Ron and Frederic’s Extra Crunch coverage around quantum computing, next-generation cloud services, artificial intelligence, and data center orchestration. I just checked in with the events team, and we are down to the last dozen or so tickets before the fire marshal gets angry — so if you want to join us, please snag a ticket soon.

I will be at Yerba Buena all day, so if you are a subscriber and you are attending next Thursday, feel free to reach out — would love to meet any of you in person.

Meanwhile, TechCrunch Disrupt SF is about a month away, and it also has a stellar lineup. This year, we have a dedicated “Extra Crunch” stage focused on helping founders build their companies, from how to fundraise without dilution, to massively growing a team at scale, to how to build a brand and reach out to media. In addition, we will have a special Extra Crunch members-only lounge space as just one of a couple of ways we are trying to make our premium readers feel special at our biggest event of the year.

Today is the last day before ticket prices rise, so if you’re interested in coming, be sure to get an order in.

For all TechCrunch events, EC annual subscribers get a 20% ticket discount. Just reach out to customer service at extracrunch@techcrunch.com and they will get you all squared away.

Fitbit’s CEO discusses the company’s subscription future

Our hardware editor Brian Heater got a chance to sit down with James Park, CEO of Fitbit, about a topic near and dear to my heart: consumer subscriptions. With the rise of consumer fitness subscription startups like Peloton, which recently filed its S-1, the business model of fitness is being upended, and now Fitbit is preparing to move even more in this direction. Be sure to also check out Brian’s earlier analysis of the state of the smartwatch.

Heater:The narrative around Apple’s last several quarters, as far as how they’re allocating, is a shift into content. Do you think that more and more of the revenue is going to be generated by content and services versus hardware?

Park: Yeah, I think more of our profits, because of the gross margin profile, will be generated by the software and services. But I think the good thing for our category in general is that unlike smartphones, the hardware portion is still rapidly growing in many countries around the world.

If you look at smartwatches, they’re growing 30% or higher per year. And for us, in the first half, trackers actually grew 51% year over year. So there’s still a lot of innovation and growth in the hardware portion of wearables. But where we do see things rapidly taking off is in software and services.

Comments

Post a Comment

Popular posts from this blog

Uber co-founder Garrett Camp steps back from board director role

Uber co-founder Garrett Camp is relinquishing his role as a board director and switching to board observer — where he says he’ll focus on product strategy for the ride hailing giant. Camp made the announcement in a short Medium post in which he writes of his decade at Uber: “I’ve learned a lot, and realized that I’m most helpful when focused on product strategy & design, and this is where I’d like to focus going forward.” “I will continue to work with Dara [Khosrowshahi, Uber CEO] and the product and technology leadership teams to brainstorm new ideas, iterate on plans and designs, and continue to innovate at scale,” he adds. “We have a strong and diverse team in place, and I’m confident everyone will navigate well during these turbulent times.” The Canadian billionaire entrepreneur signs off by saying he’s looking forward to helping Uber “brainstorm the next big idea”. Camp hasn’t been short of ideas over his career in tech. He’s the co-founder of the web 2.0 recommendatio...
Post a Comment
Read more

Drone crash near kids leads Swiss Post and Matternet to suspend autonomous deliveries

A serious crash by a delivery drone in Switzerland have grounded the fleet and put a partnership on ice. Within a stone’s throw of a school, the incident raised grim possibilities for the possibilities of catastrophic failure of payload-bearing autonomous aerial vehicles. The drones were operated by Matternet as part of a partnership with the Swiss Post (i.e. the postal service), which was using the craft to dispatch lab samples from one medical center for priority cases. As far as potential applications of drone delivery, it’s a home run — but twice now the craft have crashed, first with a soft landing and the second time a very hard one. The first incident, in January, was the result of a GPS hardware error; the drone entered a planned failback state and deployed its emergency parachute, falling slowly to the ground. Measures were taken to improve the GPS systems. The second failure in May, however, led to the drone attempting to deploy its parachute again, only to sever the line...
Post a Comment
Read more

How the world’s largest cannabis dispensary avoids social media restrictions

Planet 13 is the world’s largest cannabis dispensary. Located in Las Vegas, blocks off the Strip, the facility is the size of a small Walmart. By design, it’s hard to miss. Planet 13 is upending the dispensary model. It’s big, loud and visitors are encouraged to photograph everything. As part of the cannabis industry, Planet 13 is heavily restricted on the type of content it can publish on Instagram, Facebook and other social media platforms. It’s not allowed to post pictures of buds or vapes on some sites. It can’t talk about pricing or product selection on others.   View this post on Instagram   A post shared by Morgan Celeste SF Blogger (@bayareabeautyblogger) on Jan 25, 2020 at 7:54pm PST Instead, Planet 13 encourages its thousands of visitors to take photos and videos. Starting with the entrance, the facility is full of surprises tailored for the ‘gram. As a business, Planet 13’s social media content is heavily restricted a...
3 comments
Read more