San Francisco, US-based fitness tracking firm Fitbit issued a voluntary recall of its wristband activity tracker Fitbit Force after a small percentage of users reported skin irritation, and promised to release a new version of the product.
Sports
American golf products maker Dynamic Brands buys Canadian firm Riksha Golf
Henry County, US-based golf products maker Dynamic Brands Inc bought Calgary, Canada-based golf cart and accessory maker Riksha Golf Inc for an undisclosed sum to expand its portfolio of products.
York Professional Baseball adds sports radio station WOYK
Pennsylvania-based York Professional Baseball Club LLC added sports radio station WOYK AM 1350 from WOYK Inc for an undisclosed amount in a deal that will turn the latter in to an affiliate of the Hershey Bears Radio Network.
US-based fitness tracker maker FitBit faces class-action lawsuit over rash issue
After issuing a recall and full refund for the involved product, San Francisco, California-based fitness tracker maker FitBit is now facing a class-action lawsuit filed by a customer over the rash issue caused by the latest version of its Force fitness band.
US-based fitness monitor Moov attains $40K crowdfunding target in 90 minutes
California, US-based next generation fitness tracking device Moov attained its $40,000 target within just 90 minutes and will begin shipping the pre-ordered product by summer this year.
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New York, US-based event ticket aggregator TiqIQ bagged $1.7 million in a funding round led by Stonehenge Growth Capital to develop its product that predicts best ticket prices and availability for sports events.
Paddington, Australia-based golf club industry software provider MSL Solutions purchased North Sydney, New South Wales-based handicapping system manager Golf Link Partners (GLP) for an undisclosed sum to expand its company portfolio.
Grand Rapids, US-based high school sports website Varsity News Network (VNN) pocketed $3 million in a Series A funding round led by Arsenal Venture Partners for the expansion of its school athletic platform and the launching of its first app.
Munich, Germany-based firm Bragi launched a crowdfunding campaign on Kickstarter to build wireless smart earphones called The Dash, which has sensors that can track fitness activity and vital signs.
NBA legend Earvin “Magic” Johnson, together with Los Angeles Dodgers controlling owner Mark Walter, have become the new owners of women’s basketball team LA Sparks.
Former LA Galaxy soccer star David Beckham reportedly sought help from Qatar Sports Investment (QSI) in funding his new Major League Soccer (MLS) franchise to be established in Miami, Florida.
SportPursuit, a flash sales site based in the UK, nabbed £5M from its Series B financing round led by London-based venture capital firm DFJ Esprit and participated in by Silicon Valley Bank and angel investors, TechCrunch reported.
English football club Liverpool is in talks to acquire an £11-million stake in Australian professional football club Melbourne Victory, according to a report by News.com.au.
Germany-based sporting goods maker Adidas AG has filed a lawsuit against Under Armour Inc for allegedly infringing on its patents related to mobile fitness, Bloomberg reported.
