Fitbit fined  million for Ionic smartwatches that burned 78 people

Fitbit fined $12 million for Ionic smartwatches that burned 78 people

Source: The Verge The Consumer Product Safety Commission has provisionally accepted the settlement. The commission worked with Fitbit to recall 1.7 million Ionic watches in 2022 after receiving 115 reports of overheating batteries. Of those reports, 78 mentioned burn injuries, including two instances in which consumers received third-degree burns from their watches and four instances…

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Bose acquires premium audio brand McIntosh

Bose acquires premium audio brand McIntosh

Source: The Verge Bose has acquired the high-end audio brand McIntosh — a move that Bose says will “significantly” expand its product lineup. The acquisition, which also includes McIntosh subsidiary Sonus faber, also “opens new opportunities in the automotive sector,” as both companies plan to work together to expand their in-car audio offerings: By leveraging…

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Fabtech Technologies Cleanrooms IPO allotment likely to be out today: Steps to check status online & latest GMP | Stock Market News

Fabtech Technologies Cleanrooms IPO allotment likely to be out today: Steps to check status online & latest GMP | Stock Market News

Source: Live Mint Fabtech Technologies Cleanrooms IPO allotment: Investors are keenly eyeing the allotment of Fabtech Technologies Cleanrooms IPO following the closure of its initial public offer (IPO). Fabtech Technologies Cleanrooms IPO allotment status date is likely January 8, 2025. The public offer, which ran for subscription from January 3 to January 7, witnessed a…

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