Reports of Fitbit Buying Pebble

Technology

TechCrunch is reporting that Fitbit will be purchasing Pebble for around $34-40 million.

The site reports that the acquisition is a “small amount” but there’s no word on exactly how much, or indeed how little. Further, The Information said that the deal will see Pebble and its products closed down over time, with Fitbit acquiring its assets, which include intellectual property and software.

Spotify Unveils “Singles” Series

Spotify has unveiled a new weekly series featuring exclusive recordings called “Singles.” This will replace their previous sessions series. Forbes reports:

The Singles program sees big name acts and exciting and up-and-comers recording a pair of songs for the service and releasing them only on the world’s most popular streaming music platform. The first will be a track of their own, and it will typically be a newer cut that the artist is busy promoting, while the second will be a cover of a popular song from any time in history. The first edition of Singles is available today, and it features Grammy-winning jazz phenom Esperanza Spalding, who re-recorded her own song “Unconditional Love,” as well as David Bowie’s “If You Can See Me.”