Re:Google Buys Fitbit for $2.1B
by dragonwriter on Friday November 01, 2019 @09:12PM
(#21425235)
> Do you believe it to be mistaken?
Yes, Google doesn't sell personal data.
Its core business is selling products whose entire value would be negated if it sold the data behind them, so it really wouldn't sell the data.
On top of that, I think it's a mistake to say that they are buying Fitbit for data anyway. They are buying Fitbit for a toehold in the wearables market; while this probably has some data value, it's pretty clearly part of their effort to build up direct sales of consumer products as a revenue stream.
Its core business is selling products whose entire value would be negated if it sold the data behind them, so it really wouldn't sell the data.
On top of that, I think it's a mistake to say that they are buying Fitbit for data anyway. They are buying Fitbit for a toehold in the wearables market; while this probably has some data value, it's pretty clearly part of their effort to build up direct sales of consumer products as a revenue stream.