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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