When BlackRock invested $300 million in Jawbone to keep it afloat, Bloomberg News called it "a loan and a leash". Now, according to a new report in Fortune, the beleaguered tech company is tugging on that leash. Fortune reported this week that Blackrock is pressuring the company to sell, but CEO Hossain Rahman believes the company has the funds to stay afloat.
"I believe everyone knows one of...
Jawbone UP2
It's been a busy week for Jawbone. First news came that the long-delayed UP3 would finally launch in the coming days, but it would not be waterproof enough for swimming, as previously promised. Then the Wall Street Journal broke the news that Jawbone had partnered with American Express to add payments to a future wearable.
That future wearable was just unveiled by the company --...
