Jawbone Out Of Business, Begins Liquidating Its Assets

Financial trouble has got yet another company. This time, we're talking about Jawbone, the company that is known for producing fitness trackers, Bluetooth earpieces and wireless speakers. According to a new report from The Information, the company is out of business and has entered into liquidation proceedings.
Co-founder and chief executive Hosain Rahman has already started a new company called Jawbone Health Hub that will focus on health-related products and services. Many Jawbone employees followed him to the new company who has raised money for the new venture, but it's unclear how much.

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