Special Offer: Try The Information today for only $10/month.
About Us
Pricing Corporate Sales
Briefing
Entertainment

Under Armour Sells MyFitnessPal to Investment Firm

By Martin Peers
· · Source: The Information

Under Armour is selling its diet and fitness app MyFitnessPal to tech investment firm Francisco Partners for $345 million, the companies announced , confirming our scoop from July that Under Armour was looking to sell the app. The sale is a retreat for Under Armour, which paid $475 million to buy MyFitnessPal in 2015 as part of a bigger push into digital fitness apps. But Under Armour’s...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
The Briefing
WarnerMedia Shakes Up Movie Business: The Information’s Tech Briefing
By The Information Staff · Dec. 3, 2020 5:00 PM PST
WarnerMedia Shakes Up Movie Business: The Information’s Tech Briefing
Last Christmas Eve, The Information’s Jessica Toonkel predicted that “2020 will be the year that a major studio, most likely Disney or AT&T’s WarnerMedia, breaks the mold and debuts some movies on its streaming service before they show up in theaters.” At the time it seemed a daring forecast, but then Covid happened, forcing the closure of theaters and keeping people...
Latest Briefs
 
DOJ Says Facebook Illegally Set Aside Jobs for Foreign Workers
By Christopher Stern · Dec. 3, 2020
WarnerMedia To Debut All 2021 Movies on HBO Max
By Jessica Toonkel · Dec. 3, 2020
Google’s AI Ethics Co-Lead Said She Was Fired For Email
By Nick Bastone · Dec. 3, 2020
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
What We Learned From The Information’s List of the 50 Most Promising Startups
TI 50 Startups
What We Learned From The Information’s List of the 50 Most Promising Startups
By Amir Efrati
If you’ve wondered what startups could become the Google, Microsoft or Salesforce of the 2020s or ’30s, see our inaugural list of the 50 most promising tech startups that probably aren’t yet on your radar screen.
The Underside of Silicon Valley’s Co-Founder Mantra
Opinion Venture Capital Startups
The Underside of Silicon Valley’s Co-Founder Mantra
By Tracy Chou
It was both maddening and somehow unsurprising to see that only 2.1% of VC dollars so far this year have gone to all-female teams.
The Information’s Guide to 10 Must-Stream TV Shows
Media/Telecom Entertainment
The Information’s Guide to 10 Must-Stream TV Shows
By The Information Staff
The holiday season is a great time to curl up on the couch and immerse yourself in a streaming television show—and that is triply true when a pandemic has fouled up travel and most other opportunities for entertainment.
Facebook Has a Recipe For Better Social Media. Why Isn’t The Company Using It?
Opinion Facebook
Facebook Has a Recipe For Better Social Media. Why Isn’t The Company Using It?
By Roddy Lindsay
A New York Times article this week about the struggles within Facebook to get a handle on disinformation after the election illuminates a fascinating idea: surveying users to generate training data for artificial intelligence algorithms.
SPAC Merger Class of 2020 Is Trading Better Than 2019
Markets
SPAC Merger Class of 2020 Is Trading Better Than 2019
By Ross Matican
Special purpose acquisition companies are the hottest investment phenomenon of the year. But they’re not a surefire way to make money, as many lose value after they merge with operating businesses.
Amazon Drops Pandemic Test to Track Warehouse Workers Through Wi-Fi
Exclusive Policy COVID-19
Amazon Drops Pandemic Test to Track Warehouse Workers Through Wi-Fi
By Mark Di Stefano
Amazon has promised to spend billions of dollars this year on safety precautions to protect the workers in its warehouse facilities from the coronavirus pandemic.