US Jawbone 2015 Misuse (Q12832)
From Open Risk Data
A data breach risk event
| Language | Label | Description | Also known as |
|---|---|---|---|
| English |
US Jawbone 2015 Misuse
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A data breach risk event
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Statements
E93009F1-C3F3-4390-9F07-6750378BDBF1
January 2015
0 references
Fitbit is facing a legal battle from competitor Jawbone regarding alleged employee poaching and data theft, according to a New York Times report. Jawbone claims Fitbit is systematically plundering proprietary data by hiring Fitbit staffers who allegedly stole confidential information prior to leaving their respective Jawbone jobs, according to the Times. The legal complaint, filed in California State Court, also says the eight-year-old company stole trade secrets and intellectual property. The news comes not long after Fitbit filed for a $100 million IPO, as well as a report that says the fitness tracker maker may be losing its tight grip as the market leader given increased consumer demand for smartwatch devices. Argus Insights research claims the wearables maker is struggling and that i (English)
1 reference
