FitBit remains top of the wearables market with 22 percent market share, but Apple is quickly catching up with 18 percent, despite the price discrepancy. Surprisingly, no Android Wear manufacturer has been able to crack the top five in the third quarter.
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Jawbone may be in trouble, as it lays off 60 employees and closes its New York office. The company says no more changes will be made, but the wearable maker may also be scaling back other facilities.
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