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Wearables Just Don't Do It for Nike

2014-04-22 15:23:50| TechNewsWorld

Nike appears to be retreating from its vanguard position in the computer wearables market. The company reportedly has begun slashing the engineering team working on its FuelBand product, a fitness computer that can be worn on a wrist, laying off as many as 55 of the 70-person team working on FuelBand. However, Nike subsequently insisted the FuelBand was still an important part of its business.

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