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Amazon Shuts Down Halo Health and Fitness Team, Discontinues Devices

By
Theo Wayt
· · Source: The Information

Amazon said Wednesday that it’s shutting down its Halo team, which worked on health and fitness devices, as part of broader cost-cutting across the company. Amazon has stopped selling Halo hardware on its website and is laying off an undisclosed number of employees, the company said . Amazon plans to issue refunds to anyone who purchased the three available Halo devices—the View and Band...

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Elon Musk. Photo via Shutterstock.
What a time to be a tech business reporter! Even as Sam Bankman-Fried’s fraud trial gets underway, our scoop yesterday about AI startup Anthropic’s rising valuation suggests that the disgraced FTX founder may have scored at least one home run with his Anthropic investment. Yes, that’s right: The fast-evolving story about AI startups has converged with the SBF drama. The big question is how much...
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