Tag:Business

UnitedHealthcare Offers Buyouts Amid Cost-Cutting Efforts UnitedHealthcare is offering certain employees in its benefits operations unit voluntary buyouts if they resign by March 3, CNBC...

Sonos announced that it has laid off 200 people in a letter posted to its site Wednesday. The news follows a 100-person layoff in August. Both rounds arrive in the wake of a disastrously botched update to the Sonos app that alienated broad swaths of the premium audio hardware firm’s extremely loyal fanbase. The new […] © 2024 TechCrunch. All rights reserved. For personal use only.

Apple has agreed to pay $20 million to resolve a class-action lawsuit over battery swelling on the Apple Watch. Filed in the U.S. District Court for the Northern District of California in 2019, the suit alleges that the problem affected the first four Apple Watch models. Battery swelling is pretty much what it sounds like: […] © 2024 TechCrunch. All rights reserved. For personal use only.

Fitbit has settled with the U.S. Consumer Product Safety Commission (CPSC) over a long-standing defect that caused some wearers to sustain burns. The deal finds the Google-owned fitness company paying a $12.25 million penalty for the issues surrounding its Ionic smartwatch. The issue dates back to 2018, continuing on into 2020. Fitbit agreed to recall […] © 2024 TechCrunch. All rights reserved. For personal use only.

Google has agreed to acquire part of HTC’s extended-reality (XR) business for $250 million, expanding its push into virtual and augmented reality hardware following the recent launch of its Android XR platform. The deal involves transferring some of the HTC VIVE engineering staff to Google and granting non-exclusive intellectual property rights, according to the Taiwanese […] © 2024 TechCrunch. All rights reserved. For personal use only.